Market research

Groundnut oil and fractions market in Guinea-Bissau

$Groundnut oil and fractions market in Guinea-Bissau$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The market for groundnut oil in Guinea-Bissau showed sustained growth from 2018 to 2023, with total volume expanding from 24 119 t to 34 105 t. This increase of over 40% was driven entirely by rising domestic production, as imports ceased after 2018 and exports remained negligible.

Growth was strongest in 2019, when market volume jumped by 12%, and again in 2023 with an 11% rise. The intervening years saw more moderate annual increases, between 2% and 7%, contributing to a steady upward trajectory in local output throughout the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guinea-Bissau
  1. 5.1.1. Annual dynamics of production in Guinea-Bissau in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guinea-Bissau in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Guinea-Bissau in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Guinea-Bissau by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Guinea-Bissau in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guinea-Bissau by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Guinea-Bissau, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Guinea-Bissau by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Guinea-Bissau in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Guinea-Bissau by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Guinea-Bissau in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guinea-Bissau by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Guinea-Bissau, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Guinea-Bissau by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production groundnut oil and fractions in Guinea-Bissau

In kind, 2017-2020, t

From 2017 to 2020, Guinea-Bissau ranked 27th globally in groundnut oil and fractions production.

Top producers of groundnut oil and fractions, 2017-2020

Source: SHEV.io

World map of production of groundnut oil and fractions, 2017-2020

Source: SHEV.io

Guinea-Bissau's groundnut oil and fractions production grew for the third year in a row. In 2020, the country produced 27 783 tonnes, marking a 2.6% increase from 2019. Over the 2017–2020 period, production rose by 28.4%, with an average annual growth rate of 8.7%.

Annual dynamics of production in Guinea-Bissau in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.4%	13.3%	2.6%	8.7%

Source: SHEV.io

Exports groundnut oil and fractions from Guinea-Bissau

Exports in kind, t

Annual dynamics of product's exports from Guinea-Bissau in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Cabo Verde was the primary destination for Guinea-Bissau's groundnut oil and fractions exports, consistently taking 100.0% of the total volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Guinea-Bissau in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Guinea-Bissau in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, exports in value terms were almost entirely directed to Cabo Verde, which accounted for 100.0% of the total.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Guinea-Bissau in value, 2017-2020

Source: SHEV.io

Imports groundnut oil and fractions to Guinea-Bissau

Imports in kind, t

In 2018, Guinea-Bissau imported 217.2 tonnes of groundnut oil and fractions, a 59.9% decrease compared to the previous year.

Annual dynamics of product's imports to Guinea-Bissau in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(59.9%)	n/a	n/a	-

Source: SHEV.io

During 2017–2020, Portugal and Spain were the leading sources for Guinea-Bissau's imports in volume, together making up 92.8% of the total, while other countries accounted for the remainder.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Guinea-Bissau in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2018, Guinea-Bissau's imports of groundnut oil and fractions were valued at 30.3 thousand US dollars, representing a 78.7% year-on-year decline.

Annual dynamics of product's imports to Guinea-Bissau in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(78.7%)	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Portugal and Spain remained the top partners for Guinea-Bissau's imports in value, with a combined share of 88.8% of the total; other partners made up the rest.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Guinea-Bissau in value, 2017-2020

Source: SHEV.io