Earlier Report Observations
The market for pig fat in Guinea-Bissau showed considerable volatility from 2018 to 2023. Volume began at 253.4 thousand tons in 2018, then fell by 14% to 218.1 thousand tons in 2019. A sharp rebound followed, with the market expanding by 20% in 2020 to reach 261.4 thousand tons.
Growth continued into 2021, lifting the market to its peak of 289.8 thousand tons. After this high, the market experienced a mild downward adjustment, declining by 2.2% in 2022 and a further 1.4% in 2023, stabilizing around 279 thousand tons.
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, kg
- 6.1.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, kg
- 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, kg
- 6.2.2.1. Annual dynamics of product's imports to Guinea-Bissau in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Guinea-Bissau by countries, 2018-2024, kg
- 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, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 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 pig fat free of lean meat and poultry fat in Guinea-Bissau
In kind, 2017-2020, t
Top producers of pig fat free of lean meat and poultry fat, 2017-2020
World map of production of pig fat free of lean meat and poultry fat, 2017-2020
After two consecutive years of decline, Guinea-Bissau's production of pig fat free of lean meat and poultry fat rebounded in 2020. That year, the country produced 261.1 tonnes, marking a significant 20.0% increase compared to 2019. Looking at the broader 2017-2020 period, overall production fell by 11%, with a compound annual growth rate of -3.8%. The lowest production level was recorded in 2019 at 217.5 tonnes, while the steepest annual decline occurred in 2018 at 14.8%.
Annual dynamics of production in Guinea-Bissau in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (14.8%) | (12.9%) | 20.0% | (3.8%) |
Exports pig fat free of lean meat and poultry fat from Guinea-Bissau
According to industry analysis, Guinea-Bissau did not export any pig fat free of lean meat and poultry fat between 2017 and 2020.
Imports pig fat free of lean meat and poultry fat to Guinea-Bissau
Imports in kind, kg
Import volumes showed considerable volatility during the observed period. The lowest point was in 2017, while imports peaked in 2018, creating a 16-fold difference between these two years. In 2020, deliveries to Guinea-Bissau totaled 278 kg, representing a 51.1% decrease from the previous year. The highest import volume was recorded in 2018 at 3 600 kg. The most substantial annual decline occurred in 2019 at 84.2%, while the largest increase took place in 2018 with a remarkable 1 500.0% surge.
Annual dynamics of product's imports to Guinea-Bissau in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 500.0% | (84.2%) | (51.1%) | 7.3% |
From 2017 to 2020, Guinea-Bissau's imports of pig fat free of lean meat and poultry fat were almost entirely sourced from Portugal, which accounted for 100.0% of the total volume.
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
Import values exhibited significant volatility throughout the period. The lowest value was recorded in 2017, while the peak occurred in 2019, with values varying by 4.8 times between these years. In 2020, cross-border shipments reached 2 458 US dollars, reflecting a notable 14.3% decline from the previous year. The maximum import value was 2 867 US dollars in 2019, which also saw the largest annual increase at 136.6%.
Annual dynamics of product's imports to Guinea-Bissau in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 101.8% | 136.6% | (14.3%) | 60.0% |
Throughout the 2017-2020 period, Portugal remained the nearly exclusive supplier of pig fat free of lean meat and poultry fat to Guinea-Bissau, accounting for 100.0% of total import value.
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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