Market research

Coconut oilcake market in Ghana

Release date: Mar 29, 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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Earlier Report Observations

The market for coconut oilcake in Ghana underwent a significant shift in 2019, moving from a higher volume to a stable, lower level. Market size stood at 4 213 tons in 2018 but fell to 3 499 tons the following year, a reduction of roughly 17%. This new level established a baseline for the subsequent period.

From 2020 to 2023, the market volume fluctuated narrowly between 3 471 and 3 500 tons annually. Domestic production remained fixed at 3 500 tons each year after the 2019 adjustment, forming the core of supply as international trade played a negligible role in the market's composition during these years.

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 Ghana
  1. 5.1.1. Annual dynamics of production in Ghana in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Ghana 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 oilcake in Ghana

In kind, 2017-2020, t

Between 2017 and 2020, Ghana ranked 21st globally in coconut oilcake production.

Top producers of coconut oilcake, 2017-2020

Source: SHEV.io

World map of production of coconut oilcake, 2017-2020

Source: SHEV.io

In 2020, Ghana produced 3 500 tonnes of coconut oilcake, remaining virtually unchanged from the previous year. Over the 2017-2020 period, production decreased by 21.1%, with a compound annual growth rate of -7.6%. The lowest production level was recorded in 2019 at 3 500 tonnes, which also saw the largest annual decline of 16.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.1%)	(16.9%)	-	(7.6%)

Source: SHEV.io

Exports coconut oilcake from Ghana

Exports in kind, kg

In 2019, Ghana exported 1 080 kilograms of coconut oilcake, showing only marginal fluctuations compared to the previous year. From 2017 to 2019, exports decreased by 41.4%, corresponding to a compound annual growth rate of -16.3%.

Annual dynamics of product's exports from Ghana in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Trinidad and Tobago and the United States together accounted for 84.6% of Ghana's total coconut oilcake exports by volume, with other countries forming a diversified but less significant portion.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

In 2019, Ghana's coconut oilcake exports were valued at 1 312 US dollars, staying almost flat compared to the previous year. Between 2017 and 2019, export value decreased by 26.7%, equating to an annualized decline of 9.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Ghana's coconut oilcake exports in value terms were largely concentrated on Trinidad and Tobago, which accounted for 76.8% of total flows, with other countries making up the remaining 23.2%.

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

Source: SHEV.io

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

Source: SHEV.io

Imports coconut oilcake to Ghana

Imports in kind, kg

In 2018, Ghana imported 1 398 kilograms of coconut oilcake, representing a 105.1% increase compared to 2017.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	105.1%	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, Germany (46.9% of import volume), the United Arab Emirates (23.8%), and the United Kingdom (19.7%) dominated Ghana's coconut oilcake import structure by volume, together accounting for 90.4% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2018, Ghana imported coconut oilcake worth 2 438 US dollars, marking a sharp rise of 256.8% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	256.8%	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Germany (57.9% of import value), South Africa (16.9%), and the United Kingdom (14.5%) were the primary suppliers of coconut oilcake to Ghana, jointly accounting for 89.3% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io