Report Update Apr 1, 2024

Guinea-Bissau - Fonio - Market Analysis, Forecast, Size, Trends and Insights

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Guinea-Bissau: Fonio Market 2020

Fonio Market Size in Guinea-Bissau

The revenue of the fonio market in Guinea-Bissau amounted to $X in 2018, jumping by X% against the previous year. In general, the total market indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the fonio market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Fonio Production in Guinea-Bissau

In value terms, fonio production amounted to $X in 2018 estimated in export prices. Over the period under review, fonio production continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, fonio production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Average yield of fonio in Guinea-Bissau stood at X kg per ha in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the fonio yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the fonio yield attained its peak figure level in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of fonio production in Guinea-Bissau totaled X ha, going up by X% against the previous year. Overall, the total harvested area indicated buoyant growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when harvested area increased by X% against the previous year. The global fonio harvested area peaked at X ha in 2014; however, from 2015 to 2018, harvested area failed to regain its momentum.

Fonio Exports

Exports by Country

The UK (X tons) and Mali (X tons) were the major exporters of fonio in 2018, accounting for approx. X% and X% of total exports, respectively. Hungary (X tons) ranks next in terms of the total exports with a X% share, followed by Burkina Faso (X%) and Peru (X%). The Netherlands (X tons) and Guinea (X tons) occupied a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Burkina Faso, while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the largest fonio supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by Hungary ($X), with a X% share of global exports. It was followed by Mali, with a X% share.

In the UK, fonio exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (-X% per year) and Mali (+X% per year).

Export Prices by Country

The fonio export price in Guinea-Bissau stood at $X per ton in 2018, remaining constant against the previous year. Overall, the fonio export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Guinea, while the other leaders experienced more modest paces of growth.

Fonio Imports

Imports by Country

In 2018, the Netherlands (X tons) represented the major importer of fonio, comprising X% of total imports. The UK (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Congo (X%). The following importers - Malaysia (X tons), Spain (X tons), France (X tons) and Poland (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported fonio into Guinea-Bissau, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

In the Netherlands, fonio imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Spain (-X% per year).

Import Prices by Country

In 2018, the fonio import price in Guinea-Bissau amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the fonio import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Congo ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

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This report provides an in-depth analysis of the fonio market in Guinea-Bissau. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 94 - Fonio

Country coverage:

Guinea-Bissau

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Guinea-Bissau
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023