What is the price of kola nuts per kilogram/pound in Guinea today?
The retail price range for Guinea kola nuts is between US$ 9.50 and US$ 27.56 per kilogram or between US$ 4.31 and US$ 12.50 per pound(lb). Click here to see today's exact prices of kola nuts in Guinea
The retail price range in Guinean Franc for kola nuts is between XOF 5,938.75 and XOF 17,222.38 per kilogram or between XOF 2,693.31 and XOF 7,810.60 per pound(lb) in Conakry and Guéckédou (Guékédou).
Wholesale prices
In 2024, the approximate wholesale price range for Guinea kola nuts is between US$ 6.65 and US$ 19.29 per kilogram or between US$ 3.02 and US$ 8.75 per pound(lb).
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Guinea Kola Nuts Export Prices - Historical, Trends and Prediction
The export price of Kola Nuts from Guinea has remained relatively stable over the past five years. In 2013, the price per kilogram was 87.00 US dollars. This price has remained consistent over the years, with only a slight decrease to 86.90 US dollars in 2014. Prices then increased slightly to 87.20 US dollars in 2015, before dropping back to 86.90 US dollars in 2016. Prices then increased again to 87.10 US dollars in 2017, before dropping back to 86.90 US dollars in 2018. Based on this trend, it is likely that the export price of Kola Nuts from Guinea will remain around 87.00 US dollars in 2023 and 2024.The Guinea kola nuts exports are categorised as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
Guinea Kola Nuts Import Prices - Historical, Trends and Prediction
The import price of Kola Nuts into Guinea over the last five years has been quite consistent. In 2013, the price per kilogram was 87.00 US dollars. This price remained steady in 2014 and 2015, at 87.00 US dollars and 86.00 US dollars respectively. In 2016, the price dropped slightly to 85.00 US dollars, before increasing again in 2017 to 86.00 US dollars. The price has remained at 86.00 US dollars in 2018. Looking ahead, it is likely that the import price of Kola Nuts into Guinea will remain steady in the coming years. We predict that the price per kilogram in 2023 will be 86.00 US dollars, and in 2024 will be 87.00 US dollars.Export values for Guinea kola nuts
The total values in export for kola nuts in Guinea were US$ 18, US$ 133, US$ 269 and US$ 262 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, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Areca (Betel) Nut.
See prices of kola nuts in other countries across Africa: Algeria kola nuts, Angola kola nuts, Botswana kola nuts, Burundi kola nuts, Cameroon kola nuts, Cape Verde kola nuts, Central African Republic kola nuts, Comoros kola nuts, DRC Congo kola nuts & Benin kola nuts.
Guinea kola nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Guinea exported 1,352 tonnes of kola nuts. Across 2019 alone, the market for Guinea kola nuts (nuts category) has reduced, changing by -36.015 % compared to the year 2018. Between 2017 and 2019, kola nuts' exports went up by 21.26 pc bringing the country US$0.26m for the year 2019. Guinea's kola nuts exports are categorised as:
- Fresh or dried kola nuts "Cola spp.", whether or not shelled or peeled (HS code 080270)
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Guinea kola nuts export values
In 2019, Guinea supplied kola nuts worth 0.26m USD, a reduction of -3.35% from 2018's total kola nuts export of 0.269m USD. The yearly change in value of Guinea kola nuts between 2017 to 2018 was 102.256%.
The annual change in the amount of Guinea's kola nuts exports between 2017 and 2019 was 21.26 percent when compared to a variation of -36.015% in the growth rate between 2018 and 2019.
Guinea's portion of the world's total kola nuts' exports in 2019 was less than 1%. The country is ranked position 13 in world exports of kola nuts.
Export markets for Guinea kola nuts ( in '000$ )
Guinea's best performing destinations for kola nuts are US, United Kingdom (UK), Ivory Coast (Côte d'Ivoire
), Germany and France.
Import/Export Trends
Guinea is a net exporter of kola nuts. The annual growth of Guinea kola nuts in value between 2015 to 2019 was 66%, per year, while annual growth in quantity through the same period was 43%, per annum.
Guinea purchased 13 tonnes of kola nuts in 2019.