Earlier Report Observations
The market volume for natural latex in primary forms in Guinea-Bissau expanded from 17 000 t in 2018 to 25 000 t in 2023, marking a 47% increase over the six-year period. The most significant jump occurred in 2020, when production surged by 15% to 21 000 t, followed by another 10% rise to 23 000 t in 2021.
After this rapid growth, the market stabilized in 2022 at 23 200 t, just 0.9% above the previous year, before resuming its upward trajectory with a 7.8% increase to 25 000 t in 2023. Throughout the period, imports were negligible, making domestic production the sole source of market supply.
The rising global consumer preference for biodegradable and environmentally friendly materials has bolstered demand for natural latex, supporting the market expansion in Guinea-Bissau. This trend aligns with the broader shift towards sustainable products in the rubber and latex industry.
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-Bissau
- 5.1.1. Annual dynamics of production in Guinea-Bissau in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Guinea-Bissau 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-Bissau
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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-Bissau in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau 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-Bissau in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Guinea-Bissau 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-Bissau, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Guinea-Bissau 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-Bissau in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau 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-Bissau in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Guinea-Bissau 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-Bissau, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production natural latex in primary forms in Guinea-Bissau
In kind, 2017-2020, t
On a global scale, Guinea-Bissau ranked as the 25th largest producer of natural latex in primary forms from 2017 to 2020.
Top producers of natural latex in primary forms, 2017-2020
World map of production of natural latex in primary forms, 2017-2020
Guinea-Bissau's production of natural latex in primary forms increased for the second consecutive year. In 2020, the country produced 21 000 tonnes, marking a 15.4% rise compared to the previous year.
Annual dynamics of production in Guinea-Bissau in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 7.1% | 15.4% | - |
Exports natural latex in primary forms from Guinea-Bissau
Market reports indicate that Guinea-Bissau did not export any natural latex in primary forms between 2017 and 2020.
Imports natural latex in primary forms to Guinea-Bissau
Imports in kind, kg
The market showed significant volatility during this period. Imports reached their lowest point in 2017 and peaked in 2018, with a 626-fold difference between these years. In 2020, Guinea-Bissau imported a total of 108 kilograms of natural latex in primary forms, representing a sharp increase of 62 500.0% from the year before.
Annual dynamics of product's imports to Guinea-Bissau in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 62 500.0% | n/a | n/a | 75.4% |
From 2017 to 2020, Senegal dominated Guinea-Bissau's import structure in kind, accounting for 98.8% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Guinea-Bissau in kind, 2017-2020
Imports in value, $ US
The market displayed an unstable trend throughout the timeframe. Import volumes varied 8.2 times, from the low in 2017 to the high in 2018. In 2020, Guinea-Bissau's imports of natural latex in primary forms amounted to 946 US dollars, showing a sharp gain of 720.0% year-over-year.
Annual dynamics of product's imports to Guinea-Bissau in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 720.0% | n/a | n/a | 2.7% |
Between 2017 and 2020, Senegal and Portugal together accounted for 80.4% of total imports in value terms, with the remaining flows distributed thinly across other markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Guinea-Bissau in value, 2017-2020
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