Milk and cream market in Guinea

Earlier Report Observations

The market for not concentrated, not sweetened milk and cream in Guinea expanded consistently between 2018 and 2023. Market volume grew from 249 thousand tons to 306 thousand tons, driven by a rise in domestic production from 246 thousand tons to 302 thousand tons over the same period. This increase occurred alongside stable imports, which supplied between 3 and 4.4 thousand tons annually to the market.

Guinea's dairy sector is characterized by a strong reliance on imports, particularly in urban and coastal areas where local dairy consumption traditions are limited. The market depends heavily on imported milk powder and concentrated milk, with local production historically constrained by pastoral and agropastoral farming systems. Throughout this period, import prices for milk and cream remained stable, contributing to consistent import flows without major disruptions.

The growth in local production took place within this structural context of import dependence, without specific reports of new large-scale production facilities, major regulatory changes, or the entry of new significant players that would directly explain the annual increases. The market's overall expansion reflects a gradual increase in domestic output meeting rising demand, supported by steady imports.

Production milk and cream in Guinea

In kind, 2017-2020, K t

Top producers of milk and cream, 2017-2020

World map of production of milk and cream, 2017-2020

Guinea's milk and cream production has increased for the third year in a row. In 2020, the country produced 271.2 thousand tons of milk and cream, marking a gradual year-on-year rise of 4.3%. From 2017 to 2020, production grew by 14.3%, which translates to an annualized growth rate of 4.5%.

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

Exports milk and cream from Guinea

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Exports reached their lowest point in 2018 and peaked in 2019, with a sixfold difference between these years. In 2020, Guinea exported 2 tons of milk and cream, down by 83.2% compared to 2019. The highest export volume was recorded in 2019 at 12 tons, with the largest increase that year reaching 496.3%.

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

From 2017 to 2020, Angola and Sierra Leone together formed the main group of buyers for Guinea's milk and cream, accounting for 100.0% of total exports in 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, K $ US

The data reveals irregular changes, indicating a volatile market environment. Export values fluctuated twofold between the low in 2018 and the high in 2019. In 2020, Guinea's milk and cream export value was 10 thousand US dollars, representing a sharp decline of 50.7% from the previous year. The maximum value was recorded in 2019 at 21 thousand US dollars, with the largest increase that year at 103.0%.

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

Over the period 2017–2020, exports of milk and cream from Guinea in value terms were almost entirely tied to Sierra Leone, which accounted for 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 milk and cream to Guinea

Imports in kind, t

In 2020, Guinea's milk and cream import volume amounted to 3 385 tons, reflecting a notable rise of 22.0% compared to the prior year. From 2017 to 2020, imports increased by 27.4%, with a compound annual growth rate of 8.4%. The largest decline was recorded in 2019 at 8.7%.

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

From 2017 to 2020, Belgium (with 35.7% of imports in volume), France (23.6%), and Germany (19.5%) were the principal suppliers of milk and cream to Guinea, jointly accounting for 78.8% of total imports in volume.

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, K $ US

Guinea imported 2 839 thousand US dollars worth of milk and cream in 2020, which is 26.2% higher than in 2019. Between 2017 and 2020, imports grew by 23.6%, equating to an annualized rate of 7.3%. The minimum value was recorded in 2019 at 2 250 thousand US dollars, with the largest decline that year at 15.7%.

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

Over 2017–2020, Belgium (with 36.9% of imports in value terms), France (24.4%), and Germany (16.2%) remained the leading sources in Guinea's import structure by value, with a combined share of 77.6% 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