Earlier Report Observations
From 2018 to 2020, Guinea's production of palm nuts and kernels increased from 860 thousand tons to over 887 thousand tons. This growth was primarily supported by the rapid expansion of areas planted with improved Ténéra palm varieties, introduced through industrial projects and state initiatives to meet rising demand. International development projects like AgriFARM, aimed at boosting sustainable farm incomes, further contributed to the sector's expansion during this period.
Production slightly dipped in 2021 to 883 thousand tons before stabilizing around 886 thousand tons in 2022 and 2023. Continued efforts by authorities and donors to structure the value chain, including the diffusion of improved planting material and better extraction techniques, helped maintain output. However, factors such as land pressure from mining and other crops, along with price surges in 2023 linked to palm flowering phases, introduced volatility without significantly altering overall production levels.
In 2024, the sector remained focused on modernizing infrastructure and strengthening local production to reduce import dependence, with ongoing commercial exchanges between Guinea and Malaysia highlighting efforts to enhance trade relations and processing capabilities.
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, K 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, K 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, K 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. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, kg
- 6.1.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, kg
- 6.2.2.1. Annual dynamics of product's exports from Guinea in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's exports in kind from Guinea by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Guinea in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Guinea by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Guinea, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Guinea by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, kg
- 7.1.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, kg
- 7.2.2.1. Annual dynamics of product's imports to Guinea in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's imports in kind to Guinea by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Guinea in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Guinea by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Guinea, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Guinea by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 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 palm nuts and kernels in Guinea
In kind, 2017-2020, K t
From 2017 to 2020, Guinea was one of the world's leading producers of palm nuts and kernels, ranking 18th globally by production volume.
Top producers of palm nuts and kernels, 2017-2020
World map of production of palm nuts and kernels, 2017-2020
Guinea's production of palm nuts and kernels grew for the third consecutive year. In 2020, the country produced 887.5 thousand tons, marking a 2.7% increase from 2019. Over the period from 2017 to 2020, production rose by 4%, which translates to an annualized growth rate of 1.3%.
Annual dynamics of production in Guinea in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 0.8% | 0.4% | 2.7% | 1.3% |
Exports palm nuts and kernels from Guinea
Exports in kind, kg
In 2020, Guinea exported 582 kilograms of palm nuts and kernels, representing a significant 95.3% increase compared to 2019.
Annual dynamics of product's exports from Guinea in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 95.3% | - |
Between 2017 and 2020, Cambodia and France were the primary markets for Guinea's palm nuts and kernels exports in kind, together accounting for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Guinea in kind, 2017-2020
Exports in value, K $ US
In 2020, the value of palm nuts and kernels exports from Guinea reached 26.9 thousand US dollars, a 15.6% decrease year-over-year. From 2018 to 2020, exports declined by 15.4%, with a compound annual growth rate of -5.4%. The highest export value was recorded in 2019 at 31.8 thousand US dollars, while the largest annual increase occurred in 2019 with a 0.2% rise.
Annual dynamics of product's exports from Guinea in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 0.2% | (15.6%) | - |
During 2017–2020, nearly all of Guinea's palm nuts and kernels exports in value terms were directed to Cambodia, which accounted for 99.3% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Guinea in value, 2017-2020
Imports palm nuts and kernels to Guinea
Imports in kind, kg
Guinea's imports of palm nuts and kernels increased for the second consecutive year. In 2020, imports totaled 53 118 kilograms, remaining nearly unchanged from 2019.
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 | 0.1% | 0.1% | - |
From 2017 to 2020, Sierra Leone was the main source of palm nuts and kernels imports to Guinea, consistently representing 99.9% of total imports in kind.
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, K $ US
The value of palm nuts and kernels imports to Guinea rose for the second year in a row. In 2020, import value reached 457.5 thousand US dollars, a 2.1% increase from the previous year. Over the period from 2018 to 2020, imports grew by 3.5%, with a compound annual growth rate of 1.2%.
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 | 1.4% | 2.1% | - |
Between 2017 and 2020, palm nuts and kernels imports to Guinea were primarily sourced from Sierra Leone, which accounted for 98.4% of total imports in value terms.
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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