Market research

Castor oil and fractions market in Angola

$Castor oil and fractions market in Angola$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2020, the castor oil market in Angola expanded from 921 tonnes to 956 tonnes. This growth occurred despite agricultural policies that limited the increase in domestic production of oilseeds like castor, maintaining reliance on imports. The broader economy, anchored by the significant oil and gas sector, provided general stability for the market of vegetable oils and derivatives.

A sharp drop in imports to 5.4 tonnes in 2021, driven by increased sea freight costs and container shortages from Asia, reduced the total market volume to 941 tonnes. Recovery followed in 2022, with the market reaching 952 tonnes, supported by growing global demand for castor oil derivatives and supply constraints from climatic issues in India, a major producer. By 2023, the market stabilized at 948 tonnes as the initiation of ENI's large-scale project to cultivate castor on 150,000 hectares began to bolster local production capacity.

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 Angola
  1. 5.1.1. Annual dynamics of production in Angola in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Angola in value, 2018-2023, $ US
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, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Angola in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Angola by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Angola in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Angola by countries, 2018-2024, $ 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 Angola, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Angola 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Angola in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Angola by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Angola in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Angola by countries, 2018-2024, $ 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 Angola, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Angola by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production castor oil and fractions in Angola

In kind, 2017-2020, t

From 2017 to 2020, Angola ranked 10th globally in the production of castor oil and fractions.

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

Angola's production of castor oil and fractions grew for the second year in a row. In 2020, the country produced 933.9 tonnes, marking a 1.0% increase compared to the previous year. The lowest production level was recorded in 2018 at 918.0 tonnes, with the largest decline that year being 0.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.2%)	0.7%	1.0%	0.5%

Source: SHEV.io

Exports castor oil and fractions from Angola

According to compiled industry data, Angola did not export any castor oil and fractions between 2017 and 2020.

Imports castor oil and fractions to Angola

Imports in kind, kg

The market showed an unstable trend over this period. Imports reached their lowest point in 2017 and peaked in 2019, with a 9.2-fold difference between these years. In 2020, Angola imported 22 198 kg of castor oil and fractions, a decrease of 10.0% from the previous year. The highest import volume was recorded in 2019 at 24 654 kg, with the largest increase that year being 690.6%.

Annual dynamics of product's imports to Angola in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.8%	690.6%	(10.0%)	102.6%

Source: SHEV.io

From 2017 to 2020, China and Portugal were the main suppliers of castor oil and fractions to Angola, together accounting for 86.6% of total imports by volume, while other countries made up the rest.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

Market performance experienced noticeable fluctuations during this timeframe. Imports hit a low in 2019 and a high in 2017, varying by a factor of 5.1. In 2020, Angola's imports of castor oil and fractions amounted to 25 528 US dollars, representing a sharp increase of 68.6% from 2019. The minimum value was recorded in 2019 at 15 138 US dollars, with the largest decline occurring in 2018 at 70.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(70.6%)	(33.2%)	68.6%	(30.8%)

Source: SHEV.io

Between 2017 and 2020, Portugal was the leading supplier in value terms for castor oil and fractions to Angola, holding a 74.4% share of total imports, with the remainder distributed among other partners.

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

Source: SHEV.io

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

Source: SHEV.io