Market research

Castor oil and fractions market in SADC

$Castor oil and fractions market in SADC$

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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"SADC" region includes following countries:

Angola

Botswana

Comoros

Democratic Republic of the Congo

Eswatini

Lesotho

Madagascar

Malawi

Mauritius

Mozambique

Namibia

Seychelles

South Africa

Tanzania

Zambia

Zimbabwe

Earlier Report Observations

The castor oil market in the SADC region contracted significantly from 36,232 t in 2018 to 31,942 t in 2019. Over the following four years, market volume stabilized, fluctuating within a narrow band between 32,400 t and 32,800 t.

This stabilization coincided with domestic production leveling off at approximately 31,000 t annually after a similar initial decline. Import volumes, a key supply component, generally ranged between 1,600 t and 1,800 t during this period.

In the broader market context for 2024, global industry drivers include rising demand for sustainable, bio-based raw materials for use in cosmetics, lubricants, and biofuels, as well as supply chain considerations linked to climate patterns in major producing nations.

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 SADC
  1. 5.1.1. Annual dynamics of production in SADC 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 Angola in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Angola 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 Angola in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Angola 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 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, t
    1. 6.2.2.1. Annual dynamics of product's imports to Angola in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Angola 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 Angola in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Angola 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 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. 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 Angola in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Angola 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 Angola in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Angola 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 Angola, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Angola 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 Angola in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Angola 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 Angola in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Angola 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 Angola, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Angola 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 SADC

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, SADC produced 30 834 tonnes of castor oil and fractions, marking a 1.7% increase from 2019. However, looking at the broader period from 2017 to 2020, production actually declined by 8.4%, which translates to an average annual decrease of 2.9%. The lowest production level was recorded in 2019 at 30 328 tonnes, while the peak occurred in 2018 with 34 511 tonnes. The most significant drop happened in 2019, when production fell by 12.1%, whereas the largest increase was seen in 2018 with a 2.6% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.6%	(12.1%)	1.7%	(2.9%)

Source: SHEV.io

Exports castor oil and fractions from SADC

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Exports reached their highest point in 2018 at 288 tonnes, then plummeted to just 10 tonnes in 2020—a staggering 29-fold difference. This 2020 figure represents a dramatic 93.3% drop compared to 2019. The most substantial increase occurred in 2018, with exports surging by 668.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	668.7%	(48.2%)	(93.3%)	(35.5%)

Source: SHEV.io

From 2017 to 2020, Thailand was the largest buyer of castor oil and fractions from SADC, accounting for 66.1% of exports in kind. Sudan followed with 3.9%, and France with 3.6%. Together, these three countries made up 73.6% of SADC's total exports in kind during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Export values peaked in 2018 at 1 422 thousand US dollars, while the lowest volume was recorded in 2017—a top-to-bottom ratio of 13.3 times. In 2020, SADC's exports of castor oil and fractions amounted to 147 thousand US dollars, reflecting a moderate 5.1% decrease from the previous year. The most significant decline occurred in 2019 with an 89.1% drop, whereas the largest increase was in 2018, soaring by 1,232.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 232.8%	(89.1%)	(5.1%)	11.3%

Source: SHEV.io

Between 2017 and 2020, Thailand dominated SADC's exports of castor oil and fractions in value terms, holding a 74.0% share of total flows. The remaining exports were distributed among various other trading partners.

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

Source: SHEV.io

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

Source: SHEV.io

Imports castor oil and fractions to SADC

Imports in kind, t

Castor oil and fractions deliveries to SADC declined for the third consecutive year. In 2020, imports totaled 1 580 tonnes, which is 10.4% lower than in 2019. Over the period from 2017 to 2020, imports decreased by 24.7%, equating to an average annual decline of 9.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(4.2%)	(12.2%)	(10.4%)	(9.0%)

Source: SHEV.io

From 2017 to 2020, imports in kind of castor oil and fractions to SADC were almost entirely dependent on India, which accounted for 95.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Cross-border shipments of castor oil and fractions to SADC declined for the third year in a row. In 2020, SADC imported 2 348 thousand US dollars worth of castor oil and fractions, reflecting a steep 26.0% reduction compared to the previous year. Between 2017 and 2020, imports fell by 32.5%, which averages out to an annualized decrease of 12.3%.

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