Earlier Report Observations
Groundnut oil-cake production in Guinea showed considerable volatility from 2018 to 2023. Market volume, entirely reliant on domestic output, rose from 122.2 thousand tonnes in 2018 to a peak of 147.6 thousand tonnes in 2022, before a modest contraction to 142.0 thousand tonnes in 2023. The most pronounced downturn occurred in 2020, when production fell to 112.3 thousand tonnes.
In 2024, the Guinean government launched a project to rehabilitate three major agricultural industrial sites, including the Dabola oil mill. This initiative, involving an investment of approximately 78 billion GNF over three years, aims to achieve import substitution, fully integrate the production chain from crude oil to peanut paste, and adopt international ISO 9001 and ISO 22000 standards to access export markets.
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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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. 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, K 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, K 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, K 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. 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 in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Guinea 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 in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Guinea 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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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 in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Guinea 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 in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Guinea 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, $ US
- 7.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, $ US
- 7.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ 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 groundnutoil-cake in Guinea
In kind, 2017-2020, K t
From 2017 to 2020, Guinea ranked 7th globally in groundnutoil-cake production.
Top producers of groundnutoil-cake, 2017-2020
World map of production of groundnutoil-cake, 2017-2020
After two years of growth, groundnutoil-cake production in Guinea fell in 2020. The country produced 112.3 K t that year, marking a significant 21.8% decrease from 2019. Production had peaked in 2019 at 143.7 K t, which also saw the largest annual increase of 17.6%.
Annual dynamics of production in Guinea in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.0% | 17.6% | (21.8%) | 0.4% |
Exports groundnutoil-cake from Guinea
Exports in kind, kg
In 2020, Guinea's groundnutoil-cake exports totaled 36 kg, showing little change from 2019. The largest decline and increase were both recorded in 2019 at 0.0%.
Annual dynamics of product's exports from Guinea in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | - | - | - |
Between 2017 and 2020, Guinea's groundnutoil-cake exports were almost entirely directed to Sierra Leone, which accounted for 100.0% of the total volume.
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, $ US
In 2020, Guinea's groundnutoil-cake exports were valued at 1 067 US dollars, with minimal variation from the previous year. The largest decline and increase both occurred in 2019 at 0.0%.
Annual dynamics of product's exports from Guinea in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | - | - | - |
From 2017 to 2020, Sierra Leone was the primary and nearly exclusive market for Guinea's groundnutoil-cake exports in value terms, representing 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Guinea in value, 2017-2020
Imports groundnutoil-cake to Guinea
Imports in kind, kg
Guinea imported 14 020 kg of groundnutoil-cake in 2020, remaining broadly stable compared to 2019. Over the 2017-2020 period, imports grew by 49.5%, with a compound annual growth rate of 14.3%.
Annual dynamics of product's imports to Guinea in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 14.3% |
During 2017-2020, Senegal was the dominant source for Guinea's groundnutoil-cake imports in volume, holding a 100.0% share of total flows.
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, $ US
In 2020, Guinea's groundnutoil-cake imports amounted to 4 872 US dollars, showing virtually no change from the previous year. From 2017 to 2020, imports surged by 203.5%, with a compound annual growth rate of 44.8%.
Annual dynamics of product's imports to Guinea in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | 44.8% |
Between 2017 and 2020, Senegal was the key and almost sole supplier for Guinea's groundnutoil-cake imports in value terms, accounting for 100.0% of total flows.
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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