Market research

Palm kernel or babassu oil and fractions market in Guinea

$Palm kernel or babassu oil and fractions market in Guinea$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2022, the market volume for palm kernel and babassu oils and fractions in Guinea remained relatively stable, with minor fluctuations around 4 800 t. This period saw continuous government-led development efforts, including the implementation of the Agricultural Development Support Project for Pole G (PADAG), which aimed to intensify oil palm cultivation and expand planted areas. In 2019, the Ministry of Trade launched a campaign against the banned dye 'Sudan Red IV' in palm oil, raising quality and safety standards across the supply chain.

In 2023, the market volume surged by 12.6% to 5 439 t. This significant increase coincided with a strong government push to revitalize the agricultural sector under the presidential 'Refondation Verte' initiative, which involved delivering modern equipment like combine harvesters and tractors to boost productivity. While domestic production held steady, imports rose sharply to 584 t, reflecting heightened domestic demand supported by these public investments and sectoral modernization.

Efforts to strengthen the palm oil value chain continued into 2024, with the Ministry of Trade, Industry, and SMEs funding equipment acquisitions for processing and marketing. Additionally, the Country Strategic Plan 2024–2029 with the World Food Programme aims to enhance food security, providing further support for agricultural development, including the oil palm sector.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Guinea
  1. 5.1.1. Annual dynamics of production in Guinea in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guinea in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production palm kernel or babassu oil and fractions in Guinea

In kind, 2017-2020, t

From 2017 to 2020, Guinea ranked as the 27th largest global producer of palm kernel or babassu oil and fractions.

Top producers of palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

World map of production of palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

In 2020, Guinea produced 4 876 tonnes of palm kernel or babassu oil and fractions, showing relative stability compared to 2019. The most significant change occurred in 2018, with both the largest decline and increase recorded at 0.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	(0.0%)	(0.0%)	(0.0%)

Source: SHEV.io

Exports palm kernel or babassu oil and fractions from Guinea

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Export volumes reached their lowest point in 2019 at 27.2 tonnes, then peaked in 2018 at 139.0 tonnes, representing a 5.1-fold difference between these extremes. In 2020, exports stood at 92.8 tonnes, marking a substantial 240.7% increase from the previous year. The most significant decline of 80.4% was recorded in 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	53.1%	(80.4%)	240.7%	0.7%

Source: SHEV.io

Between 2017 and 2020, Côte d'Ivoire and the United States served as the primary markets for Guinea's exports in kind, together accounting for 86.1% of total flows, while other destinations held smaller shares.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The data indicates irregular changes, reflecting a volatile market environment. Export values hit their lowest point in 2017, then climbed to their maximum in 2020, showing a 4.8-fold amplitude between these years. In 2020, Guinea's palm kernel or babassu oil and fractions exports reached 103.5 thousand US dollars, which is 269.4% higher than in 2019. The largest decline of 17.0% was recorded in 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	55.5%	(17.0%)	269.4%	68.3%

Source: SHEV.io

From 2017 to 2020, the United States and Côte d'Ivoire together absorbed 80.3% of Guinea's total export value for palm kernel or babassu oil and fractions, with the remaining volume distributed among smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports palm kernel or babassu oil and fractions to Guinea

Imports in kind, t

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During the 2017–2020 period, two countries—Indonesia and Malaysia—accounted for the majority of imports in kind, with a combined share of 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Malaysia and Indonesia clearly dominated as suppliers of palm kernel or babassu oil and fractions to Guinea, jointly representing 100.0% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io