Wheat and meslin flour and cereals market in Guinea

Earlier Report Observations

Between 2018 and 2023, Guinea's market for wheat and meslin flour and cereals saw fluctuating volumes, starting at 174.5 thousand tonnes and reaching 197.4 thousand tonnes by the end of the period. The initial increase in 2019 coincided with the launch of the AgriFARM project, a multi-year initiative to strengthen family farming resilience and improve cereal commercialization in targeted prefectures.

From 2020 onward, state measures to subsidize basic foodstuffs, including wheat flour, helped stabilize consumer prices and were renewed annually. The establishment of the Agricultural Development Fund (FODA) provided technical and financial support to local agricultural promoters. In 2022, the government introduced a price benchmark system (mercuriale) to enhance market regulation, while FODA secured additional funding through an IMF rapid credit facility aimed at the agricultural sector.

A significant market expansion occurred in 2023, with volume jumping 20.5% to 197.4 thousand tonnes. This surge was supported by the renewal of subsidy protocols, a 9% decline in rice imports that likely boosted demand for wheat flour as a substitute, and ongoing efforts to structure agricultural domains through identification panels. The first General States of Agriculture and Livestock also convened to address sector-wide challenges, reinforcing the cereal value chain.

Production wheat and meslin flour and cereals in Guinea

In kind, 2017-2020, K t

Top producers of wheat and meslin flour and cereals, 2017-2020

World map of production of wheat and meslin flour and cereals, 2017-2020

Guinea's production of wheat and meslin flour and cereals declined after two years of growth. In 2020, the country produced 189.4 thousand tons, marking a slight decrease of 0.6% from 2019. Over the 2017-2020 period, production rose by 22.2%, with an average annual growth rate of 6.9%. The peak was reached in 2019 at 190.5 thousand tons, while the largest annual increase occurred in 2018 at 11.6%.

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

Exports wheat and meslin flour and cereals from Guinea

Exports in kind, t

The market exhibited volatility during the observed period. Exports peaked in 2019 and fell to their lowest point in 2020, with a 110-fold difference between these years. In 2020, Guinea's shipments of wheat and meslin flour and cereals abroad totaled 1 ton, reflecting a sharp drop of 99.1% compared to 2019. The maximum value was recorded in 2019 at 148 tons, with the largest increase also occurring that year at 2,254.7%.

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

From 2017 to 2020, Gambia remained the primary destination for Guinea's wheat and meslin flour and cereals exports, accounting for 70.8% of total exports in kind, while the rest was distributed among other countries.

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

The market showed signs of volatility over the observed period. A 12.2-fold variation was observed between the peak in 2019 and the low in 2020. In 2020, Guinea exported 2.3 thousand US dollars worth of wheat and meslin flour and cereals, representing a dramatic reduction of 91.8% from the previous year. The maximum value was recorded in 2019 at 28.1 thousand US dollars, with the largest increase also occurring that year at 149.8%.

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

From 2017 to 2020, Gambia (28.1% of exports in value terms), Malaysia (25.7%), and the United States (22.3%) remained the principal buyers of wheat and meslin flour and cereals from Guinea, jointly accounting for 76.1% of total exports in value terms.

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

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

Imports wheat and meslin flour and cereals to Guinea

Imports in kind, t

There were noticeable fluctuations in market performance during the period. The highest import volume was recorded in 2017, while the lowest occurred in 2019, with a peak-to-trough ratio of 4.9 times. In 2020, Guinea's imports of wheat and meslin flour and cereals reached 653 tons, corresponding to a steep gain of 100.6% versus the previous year. The minimum value was recorded in 2019 at 325 tons, with the largest decline also occurring that year at 78.6%.

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

Throughout 2017–2020, Turkey (37.7% of imports in kind), Belgium (17.4%), and Senegal (12.9%) remained the key partners for imports in kind, together accounting for 68.1% of total flows.

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

In 2020, Guinea's imports of wheat and meslin flour and cereals stood at 322.6 thousand US dollars, showing an uptick of 54.7% compared to the previous year. Between 2017 and 2020, imports decreased by 43.1%, equating to an annualized rate of 17.1%. The minimum value was recorded in 2019 at 208.5 thousand US dollars, while the maximum was in 2018 at 614.5 thousand US dollars. The largest decline occurred in 2019 at 66.1%.

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

From 2017 to 2020, Turkey (29.4% of imports in value terms), Sierra Leone (20.4%), and Belgium (16.0%) were the principal destinations for imports in value terms, jointly accounting for 65.8% of total flows.

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

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