What is the price of nuts per kilogram/pound in Guinea today?
The retail price range for Guinea nuts is between US$ 2.85 and US$ 7.61 per kilogram or between US$ 1.29 and US$ 3.45 per pound(lb). Click here to see today's exact prices of nuts in Guinea
The retail price range in Guinean Franc for nuts is between XOF 1,783.69 and XOF 4,756.50 per kilogram or between XOF 808.93 and XOF 2,157.14 per pound(lb) in Conakry and Guéckédou (Guékédou).
Wholesale prices
In 2024, the approximate wholesale price range for Guinea nuts is between US$ 2.00 and US$ 5.33 per kilogram or between US$ 0.91 and US$ 2.42 per pound(lb).
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Guinea Nuts Export Prices - Historical, Trends and Prediction
The export price of Nuts from Guinea over the last five years has been quite varied. In 2016, the price per kilogram was 0.21 US dollars, followed by a significant drop to 0.00 US dollars in 2017 and 2018. In 2019 and 2020, the price remained at 0.00 US dollars. However, in 2021, the price rose to 3.53 US dollars per kilogram. Looking ahead, it is difficult to predict the exact prices for 2023 and 2024, but it is likely that the prices will remain relatively stable.The nuts exports from Guinea are classified as:
- Nuts, fresh or dried, whether or not shelled or peeled (excluding coconuts, Brazil nuts, cashew nuts, almonds, hazelnuts, filberts, walnuts, chestnuts, pistachios, macadamia nuts, kola nuts and areca nuts) (HS code 080290)
Guinea Nuts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Nuts into Guinea over the last five years has been quite volatile. In 2012, the price was 0.66 US dollars per kg. This increased significantly to 6.00 US dollars per kg in 2013. The price then rose to 13.64 US dollars per kg in 2014 before dropping to 3.53 US dollars per kg in 2015. In 2016, the price dropped to 0.21 US dollars per kg before dropping to 0.00 US dollars per kg in 2017, 2018, 2019, 2020 and 2021. Based on this data, it is likely that the import price per kilogram of Nuts into Guinea will remain at 0.00 US dollars per kg in 2023 and 2024.Export values for Guinea nuts
The total values in export for nuts in Guinea were US$ 129, US$ 7, US$ 13 and US$ 7 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 & Kola Nuts.
See prices of nuts in other countries across Africa: Algeria nuts, Angola nuts, Botswana nuts, Burundi nuts, Cameroon nuts, Cape Verde nuts, Central African Republic nuts, Comoros nuts, DRC Congo nuts & Benin nuts.
Guinea nuts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Guinea sold 50 tonnes of nuts. For the year 2019 alone, the demand for Guinea nuts (nuts category) has shrunk, changing by -36.709 pc compared to the year 2018. Between 2017 and 2019, nuts' exports grew by 66.67 percent bringing the nation US$0.01m for the year 2019. Guinea's nuts exports are categorised as:
- Nuts, fresh or dried, whether or not shelled or peeled (excluding coconuts, Brazil nuts, cashew nuts, almonds, hazelnuts, filberts, walnuts, chestnuts, pistachios, macadamia nuts, kola nuts and areca nuts) (HS code 080290)
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Guinea nuts export values
In 2019, Guinea supplied nuts with a value of 0.01m USD, a contraction of -23.08% from 2018's total nuts export of 0.013m USD. The annual reduction in value of Guinea nuts between 2017 to 2018 was 85.714 pc.
The per year variation in the volume of Guinea's nuts exports between 2017 and 2019 was 66.67 pc when compared to a variation of -36.709% in the growth rate between 2018 and 2019.
Guinea's portion of the world's total nuts' exports in 2019 was 1%. The country is ranked position 11 in world exports of nuts.
Export markets for Guinea nuts ( in '000$ )
Guinea's top export markets for nuts are Moldova, US, India, Vietnam and Mali.
Import/Export Trends
Guinea is a net exporter of nuts. The annual growth of Guinea nuts in value between 2015 to 2019 was 17%, per annum, while annual growth in quantity through the same period was 8%, per annum.
Guinea purchased 2 tonnes of nuts in 2019.
Production
The production of nuts in Guinea was 31 tonnes in 2019 and is projected to change by an average of -3.12%. The country had an estimated 11.00 hectares under nuts cultivation.