Market research

Castor oil and fractions market in Africa

$Castor oil and fractions market in Africa$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Africa" region includes following countries:

Algeria

Libya

Morocco

Sudan

Western Sahara

Tunisia

Egypt

Cabo Verde

Benin

Gambia

Ghana

Guinea

Côte d'Ivoire

Liberia

Mali

Mauritania

Niger

Nigeria

Guinea-Bissau

Saint Helena, Ascension and Tristan da Cunha

Senegal

Sierra Leone

Togo

Burkina Faso

British Indian Ocean Territory

Burundi

Comoros

Mayotte

Ethiopia

Eritrea

French Southern Territories

Djibouti

Kenya

Madagascar

Malawi

Mauritius

Mozambique

Reunion

Rwanda

Seychelles

Somalia

Zimbabwe

South Sudan

Uganda

Tanzania

Zambia

Angola

Cameroon

Central African Republic

Chad

Congo

Democratic Republic of the Congo

Equatorial Guinea

Gabon

Sao Tome and Principe

Botswana

Lesotho

Namibia

South Africa

Eswatini

Earlier Report Observations

The African castor oil market volume showed significant variability from 2018 to 2023, starting at 43 107 t in 2018 before declining sharply the following year. After a partial recovery in 2020, the market contracted again in 2021, then expanded to 40 101 t in 2022, only to fall back to 37 474 t in 2023.

Domestic production followed a similar volatile pattern, dropping from 37 052 t in 2018 to a low of 32 745 t in 2019 before gradually recovering to 35 167 t by 2023. Imports fluctuated between 4 899 t and 8 277 t during the period, while exports remained minimal until 2023, when a surge to 5 970 t substantially reduced the available market volume.

Preliminary data for 2024 indicates a continued rise in imports to 10 944 t and exports to 7 471 t, suggesting further shifts in trade flows that will influence the market size.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Africa
  1. 5.1.1. Annual dynamics of production in Africa in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production castor oil and fractions in Africa

In kind, 2017-2020, t

Top producers of castor oil and fractions, 2017-2020

Source: SHEV.io

World map of production of castor oil and fractions, 2017-2020

Source: SHEV.io

In 2020, Africa produced 32 959 tonnes of castor oil and fractions, marking a slight increase of 0.7% compared to the previous year. Over the period from 2017 to 2020, production decreased by 7.9%, with a compound annual growth rate of 2.7%. The lowest production level was recorded in 2019 at 32 745 tonnes, while the highest was in 2018 at 37 052 tonnes. The most significant decline occurred in 2019, dropping by 11.6%, whereas the largest increase was in 2018, rising by 3.5%.

Annual dynamics of production in Africa in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.5%	(11.6%)	0.7%	(2.7%)

Source: SHEV.io

Exports castor oil and fractions from Africa

Exports in kind, t

The market exhibited volatility during the observed period. Africa exported 86 tonnes of castor oil and fractions in 2020, which represents a 38.9% decrease compared to the previous year. The highest export volume was recorded in 2018 at 337 tonnes, while the largest decline occurred in 2019, falling by 58.3%. The most substantial increase was in 2018, surging by 712.7%. From 2017 to 2018, the export values showed a peak-to-trough amplitude of 8.1 times.

Annual dynamics of product's exports from Africa in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	712.7%	(58.3%)	(38.9%)	27.5%

Source: SHEV.io

From 2017 to 2020, Thailand, Croatia, and Kuwait were the top buyers of castor oil and fractions from Africa, accounting for 57.6%, 4.6%, and 4.5% of exports in kind, respectively. Together, these three countries represented 66.6% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Africa in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. In 2020, Africa's export value of castor oil and fractions was recorded at 212 thousand US dollars, reflecting a substantial rise of 24.5% year-over-year. The highest export value was in 2018 at 1 531 thousand US dollars, while the largest decline occurred in 2019, dropping by 88.9%. The most significant increase was in 2018, soaring by 1 261.3%. Exports peaked in 2018 and bottomed in 2017, with a difference of 13.6 times between these years.

Annual dynamics of product's exports from Africa in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 261.3%	(88.9%)	24.5%	23.4%

Source: SHEV.io

Between 2017 and 2020, Thailand, France, and Croatia were the principal buyers of castor oil and fractions from Africa in value terms, accounting for 66.9%, 3.4%, and 3.1% of exports, respectively. Collectively, these three countries made up 73.4% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Africa in value, 2017-2020

Source: SHEV.io

Imports castor oil and fractions to Africa

Imports in kind, t

In 2020, Africa's import volume of castor oil and fractions amounted to 5 813 tonnes, indicating a robust increase of 14.6% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 2.6%, with a compound annual growth rate of 0.9%. The lowest import volume was recorded in 2019 at 5 072 tonnes, while the highest was in 2018 at 6 392 tonnes. The largest decline occurred in 2019, falling by 20.6%.

Annual dynamics of product's imports to Africa in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.1%	(20.6%)	14.6%	(0.9%)

Source: SHEV.io

From 2017 to 2020, India accounted for 72.9% of total imports in kind, with the remaining imports distributed among a broad group of smaller countries.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Africa in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Africa imported 9 300 thousand US dollars worth of castor oil and fractions, showing minimal change compared to the previous year. Between 2017 and 2020, imports decreased by 9%, equating to an annualized rate of 3.1%. The lowest import value was recorded in 2018 at 8 760 thousand US dollars. The largest decline occurred in 2018, dropping by 14.2%, while the most significant increase was in 2019, rising by 6.2%.

Annual dynamics of product's imports to Africa in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.2%)	6.2%	(0.1%)	(3.1%)

Source: SHEV.io

Over the period from 2017 to 2020, India was the primary source for imports in value terms, accounting for 74.5% of total flows. Other markets contributed to a long tail of smaller partners.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Africa in value, 2017-2020

Source: SHEV.io