Earlier Report Observations
The palm kernel or babassu oil market in Guinea-Bissau showed remarkable stability from 2018 to 2023, with total market volume hovering around 1 000 tonnes annually. Domestic production consistently supplied 1 000 tonnes each year through 2022, forming the market's steady foundation.
A single departure from this pattern occurred in 2020 when market volume expanded to 1 100 tonnes, driven entirely by an import of 100 tonnes. The market reverted to its baseline level of 1 000 tonnes in the subsequent two years, ending the period at 998 tonnes in 2023, which reflects ongoing market equilibrium.
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, t
- 6.1.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau 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, $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
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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-Bissau in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau 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, $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
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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, t
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 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 palm kernel or babassu oil and fractions in Guinea-Bissau
In kind, 2017-2020, t
Top producers of palm kernel or babassu oil and fractions, 2017-2020
World map of production of palm kernel or babassu oil and fractions, 2017-2020
In 2020, Guinea-Bissau produced 1,000 tonnes of palm kernel or babassu oil and fractions, showing only a slight variation from the previous year. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.
Annual dynamics of production in Guinea-Bissau in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | - | - | - | - |
Exports palm kernel or babassu oil and fractions from Guinea-Bissau
Market study data indicate that Guinea-Bissau did not export any palm kernel or babassu oil and fractions from 2017 to 2020.
Imports palm kernel or babassu oil and fractions to Guinea-Bissau
Imports in kind, t
The market displayed an unstable trend over this period. Imports reached their lowest point in 2018 and peaked in 2020, with a 10,000-fold difference between these years. In 2020, Guinea-Bissau's imports of palm kernel or babassu oil and fractions totaled 100.0 tonnes, marking a dramatic 98.8% decrease compared to the previous year.
Annual dynamics of product's imports to Guinea-Bissau in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (98.8%) | n/a | n/a | 400.0% |
From 2017 to 2020, the import market structure was highly concentrated, with Indonesia accounting for 99.2% of total imports in kind.
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
Market behavior was volatile during these years. Imports fell to their lowest point in 2018 and peaked in 2020, showing a variation of 9,891 times. In 2020, Guinea-Bissau's import value for palm kernel or babassu oil and fractions was 72,500 US dollars, reflecting a sharp 99.0% contraction compared to 2019.
Annual dynamics of product's imports to Guinea-Bissau in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (99.0%) | n/a | n/a | 362.2% |
Between 2017 and 2020, the import structure in value terms was dominated by a single market: Indonesia, which held a 99.0% share 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
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