Earlier Report Observations
From 2018 to 2020, the market for coconut oil in Guinea-Bissau showed remarkable stability, with domestic production consistently at 5 040 t each year and no import or export activity. This kept the total market volume fixed at 5 040 t annually.
A slight change occurred from 2021 onward, when imports of 1 t began, raising the total market size to 5 041 t through 2023 while production held at 5 040 t. In 2023, the government established a regulated cost framework for essential goods, including food oil, introducing price controls and observed price reductions to ensure affordability. The Chamber of Commerce, Industry, Agriculture and Services of Guinea-Bissau also worked to stimulate the private agricultural sector, which supports coconut oil production.
In 2024, the government maintained policies aimed at price stability and continuous supply of essential goods like food oil, adjusting based on import costs and domestic supply balance. While full production data for 2024 is not available, import activity ceased, indicating a potential return to a fully domestic supply structure.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Guinea-Bissau
- 5.1.1. Annual dynamics of production in Guinea-Bissau in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guinea-Bissau in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Guinea-Bissau
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production coconut oil and fractions in Guinea-Bissau
In kind, 2017-2020, t
On a global scale, Guinea-Bissau ranked as the 27th largest producer of coconut oil and fractions from 2017 to 2020.
Top producers of coconut oil and fractions, 2017-2020
World map of production of coconut oil and fractions, 2017-2020
In 2020, Guinea-Bissau produced 5 040 tonnes of coconut oil and fractions, maintaining the same level as in 2019. The largest change occurred in 2018, with production showing no significant variation.
Annual dynamics of production in Guinea-Bissau in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | - | - |
Exports coconut oil and fractions from Guinea-Bissau
According to market analysis, Guinea-Bissau did not export any coconut oil and fractions between 2017 and 2020.
Imports coconut oil and fractions to Guinea-Bissau
Imports in kind, kg
In 2020, Guinea-Bissau imported approximately 240.0 kilograms of coconut oil and fractions, representing a sharp increase of 247.8% compared to the previous year.
Annual dynamics of product's imports to Guinea-Bissau in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 247.8% | - |
From 2017 to 2020, Portugal was consistently the dominant and nearly exclusive source for imports of coconut oil and fractions to Guinea-Bissau, accounting for 100.0% of the total.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Guinea-Bissau in kind, 2017-2020
Imports in value, $ US
In 2020, Guinea-Bissau imported a total of 1 412 US dollars worth of coconut oil and fractions, reflecting a steep rise of 167.7% compared to 2019.
Annual dynamics of product's imports to Guinea-Bissau in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 167.7% | - |
Throughout the period from 2017 to 2020, imports of coconut oil and fractions to Guinea-Bissau in value terms were almost entirely linked to Portugal, which held a 100.0% share of total imports.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guinea-Bissau in value, 2017-2020
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