Not roasted and not cooked groundnuts market in Guinea-Bissau

Earlier Report Observations

The market for not roasted and not cooked groundnuts in Guinea-Bissau experienced steady growth from 2018 to 2023, with total volume increasing from 101.2 thousand tons to 144 thousand tons. This represents an expansion of over 40% across the period, entirely driven by rising domestic production, which climbed each year without interruption.

Production gains were most pronounced in 2019 and 2023, when output rose by approximately 11% in each of those years. Even during slower periods like 2020 and 2021, the market maintained positive momentum with annual growth rates between 3% and 5%. The consistent upward trajectory resulted in an additional 43 thousand tons of groundnuts available on the market by the end of 2023.

Given the negligible import and export activity throughout these years, the market size remained almost identical to domestic production figures. This structure highlights the market's reliance on local output to meet consumer demand.

Production not roasted and not cooked groundnuts in Guinea-Bissau

In kind, 2017-2020, K t

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Guinea-Bissau's production of not roasted and not cooked groundnuts has increased for the third consecutive year. In 2020, the country produced 115.6 K t of these groundnuts, marking a modest year-over-year growth of 2.8%. From 2017 to 2020, production rose by 24.9%, which translates to an annualized growth rate of 7.7%.

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

Exports not roasted and not cooked groundnuts from Guinea-Bissau

Exports in kind, t

In 2020, Guinea-Bissau's exports of not roasted and not cooked groundnuts totaled 26.6 t, representing a sharp decline of 78.0% compared to the previous year.

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

Between 2017 and 2020, the Netherlands and Cabo Verde together accounted for 88.5% of Guinea-Bissau's total exports in kind of not roasted and not cooked groundnuts, with the remaining volume distributed among smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Guinea-Bissau in kind, 2017-2020

Exports in value, K $ US

In 2020, Guinea-Bissau exported 20.9 K $ US worth of not roasted and not cooked groundnuts, equivalent to an 81.3% drop from 2019.

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

From 2017 to 2020, the Netherlands and Cabo Verde continued to be the primary partner countries for exports in value terms, jointly holding an 84.5% share of total flows, while other partners made up the remainder.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Guinea-Bissau in value, 2017-2020

Imports not roasted and not cooked groundnuts to Guinea-Bissau

Imports in kind, t

Guinea-Bissau's imports of not roasted and not cooked groundnuts have increased for the second consecutive year. In 2020, imports reached 280.0 t, up by 1 542.8% compared to the previous year. Over the period from 2018 to 2020, imports surged by 99 900%, with a compound annual growth rate (CAGR) of 900.0%.

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

Between 2017 and 2020, Senegal dominated Guinea-Bissau's imports in kind of not roasted and not cooked groundnuts, accounting for 84.2% of the total, with the rest spread across multiple smaller partners.

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, K $ US

Guinea-Bissau's imports of not roasted and not cooked groundnuts have risen for the second year in a row. In 2020, the import value was recorded at 176.4 K $ US, showing a significant increase of 1 572.4% from the previous year. Between 2018 and 2020, imports grew by 72 570.7%, equating to an annualized rate of 799.1%.

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

From 2017 to 2020, the country structure of imports in value terms was highly concentrated, with Senegal alone representing 93.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Guinea-Bissau in value, 2017-2020