What is the price of cashew nuts per kilogram/pound in Guinea today?
The retail price range for Guinea cashew nuts is between US$ 2.94 and US$ 5.88 per kilogram or between US$ 1.33 and US$ 2.67 per pound(lb). Click here to see today's exact prices of cashew nuts in Guinea
The retail price range in Guinean Franc for cashew nuts is between XOF 1,838.25 and XOF 3,676.50 per kilogram or between XOF 833.67 and XOF 1,667.35 per pound(lb) in Conakry and Guéckédou (Guékédou).
Wholesale prices
In 2024, the approximate wholesale price range for Guinea cashew nuts is between US$ 2.06 and US$ 4.12 per kilogram or between US$ 0.93 and US$ 1.87 per pound(lb).
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Guinea Cashew Nuts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cashew Nuts from Guinea over the last five years has been quite volatile. In 2016, the price was at its highest at 43.78 US $ per kg, followed by a sharp decline to 37.9 US $ per kg in 2015. The price then rose to 53.16 US $ per kg in 2014, before dropping to 9.15 US $ per kg in 2013 and 4.8 US $ per kg in 2012. The price was at its lowest in 2011 at 10.29 US $ per kg, and in 2010 at 3.64 US $ per kg. For the years 2017, 2018, 2019, 2020 and 2021, the export price per kilogram of Cashew Nuts from Guinea was 0.00 US $ per kg. Based on this data, it is difficult to predict the prices for 2023 and 2024.The Guinea cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, shelled (HS code 080132)
- Fresh or dried cashew nuts, in shell (HS code 080131)
Guinea Cashew Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cashew Nuts into Guinea over the last five years has been quite volatile. In 2012, the price was 4.80 US dollars per kg, which increased to 9.15 US dollars per kg in 2013. This was followed by a sharp increase to 53.16 US dollars per kg in 2014. However, the price dropped to 37.90 US dollars per kg in 2015 and then increased to 43.78 US dollars per kg in 2016. Since then, the import price has been zero for the last five years. Based on this trend, it is likely that the import price of Cashew Nuts into Guinea will remain at zero for the next two years, i.e. 2023 and 2024.Export values for Guinea cashew nuts
The total values in export for cashew nuts in Guinea were US$ 28,717, US$ 162,131, US$ 41,705 and US$ 45,592 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Guinea: Coconuts, Brazil Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of cashew nuts in other countries across Africa: Algeria cashew nuts, Angola cashew nuts, Botswana cashew nuts, Burundi cashew nuts, Cameroon cashew nuts, Cape Verde cashew nuts, Central African Republic cashew nuts, Comoros cashew nuts, DRC Congo cashew nuts & Benin cashew nuts.
Guinea cashew nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Guinea sold 42,595 tonnes of cashew nuts. In 2019 alone, the interest in Guinea cashew nuts (nuts category) has improved, changing by 64.555 % compared to the year 2018. Between 2017 and 2019, cashew nuts' exports reduced by -45.72% netting the exporter US$45.59m for the year 2019. Guinea's cashew nuts exports are categorised as:
- Fresh or dried cashew nuts, in shell (HS code 080131)
- Fresh or dried cashew nuts, shelled (HS code 080132)
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Guinea cashew nuts export values
In 2019, Guinea sold cashew nuts valued at 45.59m USD, a surge of 9.32% from 2018's total cashew nuts export of 41.705m USD. The yearly growth in value of Guinea cashew nuts between 2017 to 2018 was -74.277 per cent.
The yearly variation in the quantity of Guinea's cashew nuts exports between 2017 and 2019 was -45.72 per cent in comparison to a variation of 64.555% in the period between 2018 and 2019.
Export markets for Guinea cashew nuts ( in '000$ )
Guinea's leading export markets for cashew nuts are Sweden, Russia, Belgium, United Arab Emirates (UAE) and Italy.
Guinea brought in 61 tonnes of cashew nuts in 2019.
Production
The production of cashew nuts in Guinea was 42,658 tonnes in 2019 and is estimated to change by an average of -14.68%. The country had approximately 26,328.00 hectares under cashew nuts cultivation.