Peach And Nectarine Market Overview in Guinea
In value terms, peach and nectarine production fell slightly to $ in 2019 estimated in export prices. Overall, production showed a slight slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by % y-o-y. Guinea production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
The average yield of peaches and nectarines in Guinea was estimated at kg per ha in 2019, remaining constant against the previous year. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the harvested area of peaches and nectarines in Guinea totaled ha, remaining constant against 2018 figures. In general, the harvested area recorded a relatively flat trend pattern.
The size of the peach and nectarine market in Guinea contracted slightly to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a significant expansion. The pace of growth was the most pronounced in 2008 with an increase of % against the previous year. Guinea consumption peaked at $ in 2018, and then contracted slightly in the following year.