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

Earlier Report Observations

From 2018 to 2023, Togo's production of coconut, palm kernel, or babassu oil and fractions rose steadily from 16 062 t to 17 825 t, with the domestic market size growing in parallel from 16 229 t to 17 825 t. This expansion occurred alongside a sharp decline in imports, which fell from 288 t to nearly zero, indicating the market's increasing reliance on local output.

The market's growth was supported in 2022 by the entry of new local manufacturers, such as the soap brand Roz Coco, which began artisanal cold-process production using vegetable oils including coconut oil. This created additional demand for raw materials, encouraging local oil producers to sustain and slightly increase their output during that year.

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

In kind, 2017-2020, t

Between 2017 and 2020, Togo ranked 27th globally in production volume for coconut, palm kernel, or babassu oil and fractions, placing it among the world's leading producers.

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

Togo's production of coconut, palm kernel, or babassu oil and fractions grew for the third consecutive year. In 2020, the country produced 16 915 tonnes, marking a 4.2% increase from 2019. Over the period from 2017 to 2020, production rose by 8.8%, which translates to an average annual growth rate of 2.9%.

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

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

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. The lowest export volume was recorded in 2018 at 121 tonnes, while the highest occurred in 2019 at 254 tonnes, resulting in a peak-to-trough ratio of 2.1 times. In 2020, Togo's exports of coconut, palm kernel, or babassu oil and fractions stood at 207 tonnes, reflecting a significant year-on-year drop of 18.5%. The largest increase was recorded in 2019, with a surge of 109.8%.

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

From 2017 to 2020, the main destinations for Togo's exports of coconut, palm kernel, or babassu oil and fractions in kind were Niger, accounting for 41.6% of exports, India with 28.8%, and Burkina Faso at 16.8%. Together, these three countries represented 87.3% of total export flows.

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

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

Exports in value, K $ US

After a two-year decline, Togo's export value of coconut, palm kernel, or babassu oil and fractions increased. In 2020, exports were recorded at 120.1 thousand US dollars, showing a substantial uptick of 12.4% compared to the previous year. However, over the period from 2017 to 2020, exports decreased by 67.7%, with a compound annual growth rate of -31.4%. The lowest value was recorded in 2019 at 106.8 thousand US dollars, and the largest decline occurred in 2018, with a drop of 66.6%.

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

Between 2017 and 2020, the United States, Burkina Faso, and India were the primary destinations for Togo's exports of coconut, palm kernel, or babassu oil and fractions in value terms. The United States accounted for 44.6% of exports, Burkina Faso for 16.8%, and India for 15.9%, collectively absorbing 77.4% of total export value.

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

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

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

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Imports peaked in 2017 and reached their lowest point in 2020, with a 10.7-fold difference between these years. In 2020, Togo imported 155 tonnes of coconut, palm kernel, or babassu oil and fractions, down by 50.5% year-on-year. The largest decline was recorded in 2018 at 82.7%, while the largest increase occurred in 2019, with a rise of 9.0%.

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

From 2017 to 2020, Indonesia, Malaysia, and Burkina Faso were the leading sources for Togo's imports of coconut, palm kernel, or babassu oil and fractions in kind. Indonesia accounted for 41.4% of imports, Malaysia for 37.5%, and Burkina Faso for 8.1%, together making up 87.0% of total import flows.

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

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

Imports in value, K $ US

Togo's imports of coconut, palm kernel, or babassu oil and fractions in value terms declined for the third consecutive year. In 2020, imports totaled 148.3 thousand US dollars, which is 48.2% less than the previous year. Over the period from 2017 to 2020, imports decreased by 84.3%, equating to an average annual decline of 46.1%.

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

Throughout 2017 to 2020, Malaysia, Burkina Faso, and Ghana played the leading roles in Togo's imports of coconut, palm kernel, or babassu oil and fractions in value terms. Malaysia accounted for 39.6% of imports, Burkina Faso for 23.2%, and Ghana for 16.3%, jointly representing 79.1% of total import flows.

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

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