Earlier Report Observations
Guinea's natural latex market volume grew consistently from 14 871 t in 2018 to 15 177 t in 2022, supported by a foundational project launched in 2018 to commercialize production via a 50-hectare rubber tree plantation with an average output of 50 t and plans for expansion to 200 ha. This initiative provided the base for gradual production increases over the following years.
A strategic shift occurred in 2022 when producers began actively seeking international buyers, highlighting competitive prices and unlimited quantities. This effort led to the start of exports in 2023, with 1 050 t shipped abroad. Consequently, despite production reaching 15 212 t, the domestic market volume fell to 14 162 t in 2023 as output was redirected overseas.
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. 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, t
- 6.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ 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, t
- 6.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ 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, t
- 7.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 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, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ 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, t
- 7.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
- 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, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ 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, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ 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 natural latex in primary forms in Guinea
In kind, 2017-2020, t
From 2017 to 2020, Guinea ranked as the 23rd largest global producer of natural latex in primary forms.
Top producers of natural latex in primary forms, 2017-2020
World map of production of natural latex in primary forms, 2017-2020
Guinea's production of natural latex in primary forms grew for the third year in a row. In 2020, the country produced 15 068 tonnes, representing a 0.8% increase compared to the previous year.
Annual dynamics of production in Guinea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.3% | 0.6% | 0.8% | 0.6% |
Exports natural latex in primary forms from Guinea
Market overview data indicates that Guinea did not export any natural latex in primary forms between 2017 and 2020.
Imports natural latex in primary forms to Guinea
Imports in kind, kg
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 | - |
Between 2017 and 2020, Guinea's imports of natural latex in primary forms were almost entirely sourced from Turkey, which accounted for 98.0% of the total 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, $ US
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 | - |
From 2017 to 2020, Turkey dominated Guinea's imports of natural latex in primary forms in value terms, holding a 90.7% share.
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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