Milk market in Guinea

Earlier Report Observations

From 2018 to 2020, Guinea's milk market volume expanded consistently, rising from 246 thousand tons to 269 thousand tons. This growth was primarily driven by the launch of the AgriFARM project, which aimed to strengthen sustainable family farming and improve access to local, urban and regional markets for producers in 15 prefectures of Upper and Middle Guinea. The project's initial $121 million funding, including a $15 million government contribution, helped increase domestic milk production.

The upward trend continued between 2021 and 2023, with market volume reaching 302 thousand tons by 2023. The AgriFARM project underwent a mid-term review in 2022 to adjust its planned actions for enhancing agricultural resilience. Additionally, memoranda of understanding signed between the government and the Guinea Chamber of Commerce, Industry and Crafts (CCIAG) guaranteed supply and price stability for basic necessities, indirectly supporting dairy market consumption. Fiscal and customs subsidies maintained in 2023 further contributed to stable food prices, including for milk products.

In 2024, the government took further steps to boost the dairy sector, importing 179 pregnant Montbéliarde dairy cows from France as part of a pilot project to improve local milk production genetics. The launch of the 2024 Agricultural Campaign also called for investment in agriculture and livestock, aligning with the broader vision for agricultural transformation.

Production milk in Guinea

In kind, 2017-2020, K t

Top producers of milk, 2017-2020

World map of production of milk, 2017-2020

Milk production in Guinea has increased for the third consecutive year. In 2020, the country produced 261.1 thousand tons of milk, which represents a 4.8% increase compared to the previous year. Between 2017 and 2020, production grew by 14.7%, translating to an annualized growth rate of 4.7%.

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

Exports milk from Guinea

Exports in kind, t

Milk exports from Guinea have risen for the third year in a row. In 2020, exports reached 176 tons, marking a substantial increase of 428.2% compared to 2019. Over the period from 2017 to 2020, exports surged by 5,039.5%, with a compound annual growth rate of 271.8%.

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

From 2017 to 2020, Malaysia was the dominant market for Guinea's milk exports in kind, accounting for 74.7% of total flows, while other countries together made up the remaining share.

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

Foreign milk supplies from Guinea have grown for the third consecutive year. In 2020, exports amounted to 627 thousand US dollars, reflecting a significant gain of 205.2% year-over-year. Between 2017 and 2020, exports increased by 9,342.5%, equating to an annualized rate of 355.4%.

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

During 2017–2020, Sierra Leone concentrated 76.6% of Guinea's total milk exports in value terms, with the residual flows distributed across multiple smaller partners.

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 to Guinea

Imports in kind, t

In 2020, Guinea's volume of milk imports stood at 8,221 tons, showing a controlled decline of 7.2% from 2019. Between 2017 and 2020, imports decreased by 10.5%, translating to an annualized decline of 3.6%. The largest decrease was recorded in 2018 at 7.4%, while the largest increase occurred in 2019 at 4.1%.

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

From 2017 to 2020, imports in kind of milk to Guinea were spread across a large number of markets. Belgium (16.3% of imports in kind), the United Kingdom (15.8% of imports in kind), and the Netherlands (13.1% of imports in kind) together accounted for only 45.2% 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, K $ US

Foreign milk supplies to Guinea have declined for the third consecutive year. In 2020, Guinea imported 15,381 thousand US dollars of milk, marking a robust decrease of 11.9% compared to the previous year. Over the period from 2017 to 2020, imports fell by 35.2%, with a compound annual growth rate of -13.5%.

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

Throughout 2017–2020, the United Kingdom (28.4% of imports in value terms), the Netherlands (17.6% of imports in value terms), and Mali (10.0% of imports in value terms) played leading roles in Guinea's milk imports in value terms, jointly accounting for 56.0% 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