Earlier Report Observations
The market volume for coconuts, Brazil nuts and cashews in Guinea demonstrated substantial growth from 2018 to 2023, rising from 52 000 t to 76 000 t. This expansion was driven by a significant surge in 2022, when the market increased by 25% to 68 700 t, followed by a further rise to 76 400 t in 2023.
Following an initial increase to 58 700 t in 2019, the market underwent a moderate contraction to 54 700 t in 2020 and stabilized around 54 600 t in 2021. This phase preceded the robust growth observed in the subsequent two years.
In 2024, the Ministry of Commerce, Industry and Small and Medium Enterprises obtained funds to finance projects supporting the competitiveness of agricultural value chains. Concurrent government visits and actions focused on ensuring stock availability and supporting economic operators in the distribution and commercialization of agricultural products, including nuts.
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
- 5.1.1. Annual dynamics of production in Guinea in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guinea 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
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production coconuts, Brazil nuts and cashews in Guinea
In kind, 2017-2020, t
Top producers of coconuts, Brazil nuts and cashews, 2017-2020
World map of production of coconuts, Brazil nuts and cashews, 2017-2020
Guinea's production of coconuts, Brazil nuts, and cashews declined after two years of growth. In 2020, the country produced 90 000 tons, marking a significant year-over-year decrease of 10.9%. Over the 2017-2020 period, production increased by 31.4%, with an average annual growth rate of 9.5%. The highest production volume was recorded in 2019 at 101 000 tons, which also saw the largest annual increase of 29.4%.
Annual dynamics of production in Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.9% | 29.4% | (10.9%) | 9.5% |
Exports coconuts, Brazil nuts and cashews from Guinea
Exports in kind, t
The export market showed considerable volatility during this period. Exports reached their lowest point in 2018 at 25 886 tons, then rebounded in 2019 with the largest increase of 64.6%, before declining again in 2020 to 35 964 tons—a 15.6% drop from the previous year. The difference between the 2017 high and 2018 low was threefold, with the most substantial decline occurring in 2018 at 67.0%.
Annual dynamics of product's exports from Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (67.0%) | 64.6% | (15.6%) | (22.9%) |
From 2017 to 2020, India and Vietnam were the primary destinations for Guinea's exports of coconuts, Brazil nuts, and cashews, collectively accounting for 99.7% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Guinea in kind, 2017-2020
Exports in value, M $ US
Export values demonstrated significant fluctuations throughout the timeframe. The market peaked in 2017 and hit its lowest point in 2020, with values varying by a factor of 4.5. In 2020, exports totaled 36.1 million US dollars, representing a 21.1% decrease from the previous year. The largest decline occurred in 2018 at 74.4%, while 2019 saw the biggest increase at 10.2%.
Annual dynamics of product's exports from Guinea in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (74.4%) | 10.2% | (21.1%) | (39.4%) |
During 2017-2020, India and Vietnam dominated Guinea's export value for coconuts, Brazil nuts, and cashews, together comprising 99.2% of total export earnings.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Guinea in value, 2017-2020
Imports coconuts, Brazil nuts and cashews to Guinea
Imports in kind, t
Guinea's imports of coconuts, Brazil nuts, and cashews grew for the third consecutive year, reaching 638 tons in 2020—a substantial 79.7% increase from 2019. Over the 2017-2020 period, imports surged by 1 378%, with an impressive compound annual growth rate of 145.4%.
Annual dynamics of product's imports to Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.1% | 634.0% | 79.7% | 145.4% |
Between 2017 and 2020, Côte d'Ivoire served as the primary and nearly exclusive source for Guinea's imports of coconuts, Brazil nuts, and cashews, supplying 90.2% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Guinea in kind, 2017-2020
Imports in value, M $ US
Import values exhibited notable volatility during these years, fluctuating 4.1 times between the 2018 low and 2020 high. In 2020, imports amounted to 0.0 million US dollars, showing a modest 3.7% increase from 2019. The lowest value was recorded in 2018 at 0.0 million US dollars, which also experienced the largest decline of 7.8%. Conversely, 2019 saw the most significant increase at 294.8%.
Annual dynamics of product's imports to Guinea in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.8%) | 294.8% | 3.7% | 55.7% |
From 2017 to 2020, three key markets—Côte d'Ivoire, Mali, and India—collectively accounted for 81.8% of the total import value of coconuts, Brazil nuts, and cashews into Guinea.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guinea in value, 2017-2020
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