Coconut, palm kernel or babassu oil and fractions market in Mozambique

Earlier Report Observations

From 2018 to 2019, the market volume for coconut, palm kernel, or babassu oil and fractions in Mozambique expanded from 29 258 tonnes to 29 881 tonnes. This growth was driven by government policies mandating the fortification of edible oils to reduce chronic malnutrition, alongside rising consumer awareness of the health and beauty benefits of coconut oil, which increased demand across various industries.

The market then contracted to 27 100 tonnes in 2020 and further to 23 915 tonnes in 2021. In 2020, authorities in Maputo province ensured supply stability and price controls for essential goods including edible oils. The following year, frequent price increases for edible oil in the Maputo market, influenced by higher purchase costs and speculation, significantly reduced consumer demand, leading to the sharp drop in market volume.

A recovery began in 2022, with the market reaching 25 726 tonnes, followed by stabilization at 25 717 tonnes in 2023. The government reinforced its target to end edible oil imports by 2024, supporting local production through tax incentives and financing. Simultaneously, local industry invested in certified natural and organic coconut oil production in regions like Inhambane, adding value to the domestic supply chain and supporting market growth.

Production coconut, palm kernel or babassu oil and fractions in Mozambique

In kind, 2017-2020, t

Between 2017 and 2020, Mozambique ranked 19th globally in the production of coconut, palm kernel, or babassu oil and fractions.

Top producers of coconut, palm kernel or babassu oil and fractions, 2017-2020

World map of production of coconut, palm kernel or babassu oil and fractions, 2017-2020

In 2020, Mozambique produced 27 700 tonnes of coconut, palm kernel, or babassu oil and fractions, marking a 10.4% decrease from 2019. Production peaked in 2019 at 30 900 tonnes, which saw the largest annual increase of 2.3%. Over the entire 2017-2020 period, production declined by 8.3%, averaging an annualized rate of 2.8%.

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

Exports coconut, palm kernel or babassu oil and fractions from Mozambique

Exports in kind, t

In 2020, Mozambique exported 611 tonnes of coconut, palm kernel, or babassu oil and fractions, a sharp 41.5% drop from the previous year. The largest decline occurred in 2018 at 42.9%, while 2019 saw the biggest increase of 10.7%. From 2017 to 2020, exports fell by 63%, with an annualized rate of 28.2%.

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

From 2017 to 2020, South Africa and Switzerland were the primary destinations for Mozambique's exports of coconut, palm kernel, or babassu oil and fractions in volume terms, with other markets playing a smaller role individually.

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

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

Exports in value, K $ US

Mozambique's exports of coconut, palm kernel, or babassu oil and fractions in value terms declined for the third year in a row in 2020, totaling 519 thousand US dollars, a 30.2% reduction from 2019. Over the 2017-2020 period, exports decreased by 77.3%, with a compound annual growth rate of -39.0%.

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

Between 2017 and 2020, South Africa and Switzerland dominated Mozambique's export partner structure in value terms, with other countries collectively making up the remainder.

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

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

Imports coconut, palm kernel or babassu oil and fractions to Mozambique

Imports in kind, t

Mozambique's imports of coconut, palm kernel, or babassu oil and fractions in volume terms showed significant fluctuations from 2017 to 2020. Imports hit a low of 1 tonne in 2018, which saw the largest decline of 100.0%, and reached 11 tonnes in 2020, a 58.3% decrease from 2019. The largest increase occurred in 2019 at 1 987.8%. The difference between the peak in 2017 and the trough in 2018 was 2 055-fold.

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

From 2017 to 2020, Malaysia was the dominant source for Mozambique's imports of coconut, palm kernel, or babassu oil and fractions in volume terms, consistently representing 98.5% of total flows.

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

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

Imports in value, K $ US

Mozambique's imports of coconut, palm kernel, or babassu oil and fractions in value terms were volatile between 2017 and 2020. Imports fell to a low of 6 thousand US dollars in 2018, with the largest decline of 99.7%, and rose to 44 thousand US dollars in 2020, a 52.1% increase from 2019. The largest increase was in 2019 at 361.3%. The peak in 2017 was 365 times higher than the trough in 2018.

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

Between 2017 and 2020, Malaysia was overwhelmingly the main source for Mozambique's imports of coconut, palm kernel, or babassu oil and fractions in value terms, accounting for 96.5% of total flows.

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

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