Market research

Palm oil and fractions market in Guinea-Bissau

$Palm oil and fractions market in Guinea-Bissau$

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

The palm oil market in Guinea-Bissau showed considerable volatility from 2018 to 2023. Market volume jumped from 6 001 tons to 8 821 tons in 2019, then entered a prolonged downturn, bottoming out at 5 807 tons in 2022. The trend reversed in 2023, with consumption climbing back to 7 148 tons.

Domestic production remained stable near 5 950 tons throughout the period, implying that market swings were primarily driven by changes in import volumes. Imports peaked at 2 909 tons in 2019, fell sharply, and then recovered to 1 328 tons in 2023, mirroring the overall market trajectory.

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-Bissau
  1. 5.1.1. Annual dynamics of production in Guinea-Bissau in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Guinea-Bissau 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Guinea-Bissau in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Guinea-Bissau by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Guinea-Bissau, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Guinea-Bissau by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Guinea-Bissau in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Guinea-Bissau by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Guinea-Bissau in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Guinea-Bissau by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Guinea-Bissau, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Guinea-Bissau by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Guinea-Bissau in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Guinea-Bissau by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Guinea-Bissau in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Guinea-Bissau by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Guinea-Bissau, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Guinea-Bissau 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 oil and fractions in Guinea-Bissau

In kind, 2017-2020, t

Top producers of palm oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

In 2019, Guinea-Bissau produced 5 925 tonnes of palm oil and fractions, marking the lowest output in recent years. Production remained stable in 2020 at 5 943 tonnes, showing no significant change from the previous year. The largest decline occurred in 2019 with a decrease of 1.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	(1.2%)	0.3%	(0.3%)

Source: SHEV.io

Exports palm oil and fractions from Guinea-Bissau

Exports in kind, t

In 2020, Guinea-Bissau exported 14 tonnes of palm oil and fractions, maintaining a relatively stable level compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	0.5%	-

Source: SHEV.io

From 2017 to 2020, Cabo Verde was the exclusive destination for Guinea-Bissau's palm oil and fractions exports, consistently representing 100.0% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of palm oil and fractions exported from Guinea-Bissau reached 9 thousand US dollars, reflecting a gradual increase of 7.0% from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	7.0%	-

Source: SHEV.io

Between 2017 and 2020, virtually all exports of palm oil and fractions from Guinea-Bissau in value terms were directed to Cabo Verde, which accounted for 100.0% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports palm oil and fractions to Guinea-Bissau

Imports in kind, t

The import market for palm oil and fractions in Guinea-Bissau showed significant volatility during this period. In 2018, imports reached their lowest point at just 1 tonne. The following year, 2019, saw imports peak at 2 909 tonnes, representing an extraordinary increase of 323,148.9% from the previous year. By 2020, imports declined sharply to approximately 824 tonnes, a decrease of 71.7% compared to 2019. The largest decline occurred in 2018 with a drop of 98.8%.

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%)	323 148.9%	(71.7%)	119.3%

Source: SHEV.io

From 2017 to 2020, Malaysia and Indonesia were the primary sources for Guinea-Bissau's palm oil and fractions imports, together accounting for 84.2% of total import volumes, with the remaining share distributed among other markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The import market exhibited considerable volatility during these years. In 2018, import value bottomed out at 1 thousand US dollars. The following year, 2019, saw imports peak at 2 034 thousand US dollars, representing a dramatic increase of 288,332.6% from 2018. By 2020, import value declined to 587 thousand US dollars, a decrease of 71.2% compared to 2019. The largest decline occurred in 2018 with a drop of 97.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(97.7%)	288 332.6%	(71.2%)	168.8%

Source: SHEV.io

Between 2017 and 2020, three key markets—Malaysia, Indonesia, and Senegal—collectively accounted for 93.7% of the total import value of palm oil and fractions to Guinea-Bissau.

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

Source: SHEV.io

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

Source: SHEV.io