What is the price of peanut (groundnuts) per kilogram/pound in Guinea today?
The retail price range for Guinea peanut (groundnuts) is between US$ 0.96 and US$ 2.88 per kilogram or between US$ 0.44 and US$ 1.31 per pound(lb). Click here to see today's exact prices of peanut (groundnuts) in Guinea
The retail price range in Guinean Franc for peanut (groundnuts) is between XOF 599.94 and XOF 1,799.81 per kilogram or between XOF 272.08 and XOF 816.24 per pound(lb) in Conakry and Guéckédou (Guékédou).
Wholesale prices
In 2024, the approximate wholesale price range for Guinea peanut (groundnuts) is between US$ 0.67 and US$ 2.02 per kilogram or between US$ 0.30 and US$ 0.91 per pound(lb).
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Guinea Peanut (groundnuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Peanut (Groundnuts) from Guinea over the last five years has been quite volatile. In 2016, the export price was 1.44 US $ per kg, which was the highest in the last five years. However, in the following years, the export price dropped to 0.00 US $ per kg in 2017, 2018, 2019, 2020, and 2021. The export price was 0.06 US $ per kg in 2010, 0.00 US $ per kg in 2011 and 2012, and 0.05 US $ per kg in 2014. Based on this data, it is difficult to predict the export price for 2023 and 2024.Guinea Peanut (groundnuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Peanut (Groundnuts) into Guinea over the last five years has been quite volatile. In 2012, the price was 0.01 US$ per kg, however, in 2013, the price dropped to 0.00 US$ per kg. In 2014, the price rose to 0.05 US$ per kg, but again dropped to 0.00 US$ per kg in 2015. In 2016, the price rose significantly to 1.44 US$ per kg, but again dropped to 0.00 US$ per kg in 2017 and has remained at 0.00 US$ per kg since then. Based on the data, it is likely that the import price per kilogram of Peanut (Groundnuts) into Guinea will remain at 0.00 US$ per kg in 2023 and 2024.Export values for Guinea peanut (groundnuts)
The total values in export for peanut (groundnuts) in Guinea were US$ 13, US$ 490, US$ 401 and US$ 34 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts and Oil Seeds category in Guinea: Pine nuts, Pecans, Chia seeds & Hemp seeds.
See prices of peanut (groundnuts) in other countries across Africa: Algeria peanut (groundnuts), Angola peanut (groundnuts), Botswana peanut (groundnuts), Burundi peanut (groundnuts), Cameroon peanut (groundnuts), Cape Verde peanut (groundnuts), Central African Republic peanut (groundnuts), Comoros peanut (groundnuts), DRC Congo peanut (groundnuts) & Benin peanut (groundnuts).
Guinea peanut (groundnuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Guinea shipped 35 tonnes of peanut (groundnuts). In 2019 alone, the market for Guinea peanut (groundnuts) (nuts and oil seeds category) has reduced, changing by -81.959 % compared to the year 2018. Between 2017 and 2019, peanut (groundnuts)'s exports reduced by -80.87% netting the exporter US$0.03m for the year 2019. Guinea's peanut (groundnuts) exports are classified as:
- Groundnuts, prepared or preserved (excluding preserved with sugar) (HS code 200811)
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Guinea peanut (groundnuts) export values
In 2019, Guinea supplied peanut (groundnuts) costing 0.03m USD, a reduction of -92.52% from 2018's total peanut (groundnuts) export of 0.401m USD. The annual change in value of Guinea peanut (groundnuts) between 2017 to 2018 was -18.163%.
The per year variation in the amount of Guinea's peanut (groundnuts) exports between 2017 and 2019 was -80.87% when compared to a variation of -81.959% in the growth rate between 2018 and 2019.
Export markets for Guinea peanut (groundnuts) ( in '000$ )
Guinea procured 18 tonnes of peanut (groundnuts) in 2019.
Production
The production of peanut (groundnuts) in Guinea was 957,662 tonnes in 2019 and is projected to change by an average of 24.35%. The country had approximately 911,993.00 hectares under peanut (groundnuts) cultivation.