Market research

Coconut oil and fractions market in Africa

$Coconut oil and fractions market in Africa$

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 coconut oil market volume declined steadily from 116,150 t in 2018 to 98,469 t in 2021, reflecting a multi-year contraction. This trend reversed in 2022 with consumption rising to 105,250 t, before settling at 104,313 t in 2023, indicating a period of stabilization after the recovery.

Market dynamics during this period were accompanied by regional developments. In 2021, the severe drop in Kenyan tourism revenue led some businesses to diversify into coconut oil manufacturing, introducing new producers. Later, by 2024, national policies in Kenya and Ghana emphasized increasing local coconut output and processing, while stricter European Union regulations on vegetable oil imports began affecting export-oriented production standards across the continent.

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, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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 coconut oil and fractions in Africa

In kind, 2017-2020, K t

Top producers of coconut oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

In Africa, coconut oil and fractions production reached 93.9 thousand tons in 2020, showing a gradual decline of 4.7% compared to the previous year. Over the 2017-2020 period, production decreased by 2.9%, with a compound annual growth rate of 1.0%. The highest production level was recorded in 2019 at 98.6 thousand tons, while the largest year-on-year increase occurred in 2018 at 1.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.8%	0.0%	(4.7%)	(1.0%)

Source: SHEV.io

Exports coconut oil and fractions from Africa

Exports in kind, t

Africa's exports of coconut oil and fractions have grown for the second consecutive year. In 2020, exports reached 10 011 tons, representing a 25.4% increase compared to 2019. Over the 2017-2020 period, exports rose by 35.6%, with a compound annual growth rate of 10.7%. The lowest export volume was recorded in 2018 at 6 647 tons, which also marked the largest decline of 10.0% that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.0%)	20.1%	25.4%	10.7%

Source: SHEV.io

Between 2017 and 2020, Africa's coconut oil and fractions exports were distributed across a diverse range of markets. Switzerland accounted for 19.7% of export volume, Spain for 12.0%, and the Netherlands for 6.9%, collectively representing 38.6% of total exports. The remaining 61.4% was spread among numerous smaller destinations.

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

Following two years of decline, Africa's coconut oil and fractions exports have rebounded. In 2020, export value reached 14 023 thousand US dollars, marking a significant 36.8% increase from the previous year. Over the 2017-2020 period, exports grew by 7%, with a compound annual growth rate of 2.3%. The lowest export value was recorded in 2019 at 10 251 thousand US dollars, which also saw the largest decline of 18.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.6%)	(18.9%)	36.8%	2.3%

Source: SHEV.io

From 2017 to 2020, Africa's coconut oil and fractions export value was relatively evenly distributed across markets. Switzerland accounted for 23.6% of export value, Spain for 9.7%, and the Netherlands for 5.8%, collectively representing 39.1% of total export flows.

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 coconut oil and fractions to Africa

Imports in kind, t

Africa imported 20 692 tons of coconut oil and fractions in 2020, reflecting a 2.1% increase compared to the previous year. Over the 2017-2020 period, imports decreased by 6.5%, with a compound annual growth rate of 2.2%. The lowest import volume was recorded in 2019 at 20 264 tons, while the highest was in 2018 at 24 252 tons. The largest decline occurred in 2019 at 16.4%, while the largest increase was in 2018 at 9.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.5%	(16.4%)	2.1%	(2.2%)

Source: SHEV.io

Between 2017 and 2020, Indonesia, Malaysia, and Singapore remained Africa's primary suppliers of coconut oil and fractions. Indonesia accounted for 41.3% of import volume, Malaysia for 31.0%, and Singapore for 6.6%, collectively representing 78.9% of total imports.

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's coconut oil and fractions import value reached 27 955 thousand US dollars, showing a significant 16.7% increase compared to the previous year. Over the 2017-2020 period, imports decreased by 22%, with a compound annual growth rate of 7.9%. The lowest import value was recorded in 2019 at 23 961 thousand US dollars, while the highest was in 2018 at 36 544 thousand US dollars. The largest decline occurred in 2019 at 34.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.0%	(34.4%)	16.7%	(7.9%)

Source: SHEV.io

From 2017 to 2020, Indonesia, Malaysia, and the Philippines were the principal sources of Africa's coconut oil and fractions imports by value. Indonesia accounted for 40.6% of import value, Malaysia for 35.8%, and the Philippines for 3.8%, collectively representing 80.1% of total import flows.

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