Guinea-Bissau: Milk Market 2020

Milk Market Size in Guinea-Bissau

The revenue of the milk market in Guinea-Bissau amounted to $X in 2018, approximately mirroring the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, the milk market attained its peak level of $X. From 2012 to 2018, the growth of the milk market failed to regain its momentum.

Milk Production in Guinea-Bissau

In value terms, milk production amounted to $X in 2018 estimated in export prices. Overall, milk production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. In that year, milk production reached its peak level of $X. From 2012 to 2018, milk production growth failed to regain its momentum.

In 2018, the average yield of milk in Guinea-Bissau totaled X kg per head, standing approx. at the previous year. In general, the milk yield continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2011 when yield increased by X% year-to-year. Over the period under review, the milk yield reached its peak figure level at X kg per head in 2007; however, from 2008 to 2018, yield failed to regain its momentum.

In 2018, the amount of producing animals in Guinea-Bissau totaled X heads, increasing by X% against the previous year. This number increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the number of producing animals increased by X% year-to-year. Over the period under review, this number attained its maximum level in 2018 and is expected to retain its growth in the near future.

Milk Exports

Exports from Guinea-Bissau

Milk exports from Guinea-Bissau amounted to X kg in 2018, coming down by -X% against the previous year. Over the period under review, milk exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2016 with a decrease of -X% year-to-year. Over the period under review, milk exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, milk exports amounted to $X in 2018. In general, milk exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 with a decrease of -X% against the previous year. Guinea-Bissau exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Germany (X tons), followed by the Netherlands (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Belgium (X tons), Austria (X tons) and Poland (X tons) represented the main exporters of milk, together achieving X% of total exports. The following exporters - Latvia (X tons), Hungary (X tons), Slovenia (X tons) and Luxembourg (X tons) - together made up X% 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by France, Poland, the UK, the Czech Republic, Austria, Hungary, Latvia, Luxembourg, Slovenia and Guinea-Bissau, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The milk export price in Guinea-Bissau stood at $X per ton in 2018, falling by -X% against the previous year. In general, the milk export price, however, continues to indicate a significant expansion. The pace of growth was the most pronounced in 2011 when the export price increased by X% against the previous year. In that year, the export prices for milk reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for milk remained at a lower figure.

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

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

Milk Imports

Imports into Guinea-Bissau

Milk imports into Guinea-Bissau totaled X tons in 2018, reducing by -X% against the previous year. Overall, milk imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, milk imports reached their peak of X tons. From 2012 to 2018, the growth of milk imports remained at a lower figure.

In value terms, milk imports stood at $X in 2018. Overall, milk imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, milk imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), the Netherlands (X tons), Ireland (X tons) and China (X tons) were the major importers of milk, together constituting X% of total imports. Lithuania (X tons), France (X tons), the UK (X tons), Russia (X tons), Croatia (X tons) and Austria (X tons) took a relatively small share 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 China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest milk importing markets into Guinea-Bissau were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. China, France, the Netherlands, Ireland, the UK, Lithuania, Russia, Austria, Croatia and Guinea-Bissau lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the milk import price in Guinea-Bissau amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the milk import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the import prices for milk reached their peak figure at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform