Market research

Corn oil and fractions market in Sub-Saharan Africa

$Corn oil and fractions market in Sub-Saharan Africa$

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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"Sub-Saharan Africa" region includes following countries:

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 market for corn oil and fractions in Sub-Saharan Africa showed steady growth from 2018 to 2020, with volume rising from 169 thousand tons to 173 thousand tons. This upward trend was followed by a contraction in 2021, when the market size fell to 165 thousand tons. A strong recovery occurred in 2022, with volume jumping to 181 thousand tons, marking the highest point in the period.

In 2023, the market stabilized at 180 thousand tons. During this time, key developments in Tanzania, a major regional producer, supported the underlying supply base. The government invested in subsidized agricultural inputs, including fertilizers, boosting maize harvests. Simultaneously, the National Food Reserve Agency adopted a more commercial approach, securing supply contracts for maize with neighboring countries and international organizations. These actions increased the availability of corn, the primary raw material for oil production.

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 Sub-Saharan Africa
  1. 5.1.1. Annual dynamics of production in Sub-Saharan 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 Cabo Verde in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Cabo Verde 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 corn oil and fractions in Sub-Saharan Africa

In kind, 2017-2020, K t

Top producers of corn oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Sub-Saharan Africa's corn oil and fractions production has increased for the third consecutive year. In 2020, the region produced 173.3 thousand tonnes, marking a year-on-year growth of 3.3%. Over the period from 2017 to 2020, production rose by 8.2%, with a compound annual growth rate of 2.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.0%	3.7%	3.3%	2.7%

Source: SHEV.io

Exports corn oil and fractions from Sub-Saharan Africa

Exports in kind, t

The market exhibited significant volatility during these years. Exports reached their lowest point in 2019 at 109 tonnes, then surged to a peak of 6 328 tonnes in 2020—a staggering 58-fold increase. This represents a dramatic year-on-year growth of 5,684.7% from 2019 to 2020. The largest decline occurred in 2018, with a drop of 91.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(91.5%)	(67.5%)	5 684.7%	17.2%

Source: SHEV.io

From 2017 to 2020, Israel, the United Arab Emirates, and Saudi Arabia were the leading destinations for corn oil and fractions exports from Sub-Saharan Africa. Israel accounted for 28.0% of exports in kind, the United Arab Emirates for 21.0%, and Saudi Arabia for 10.5%. Together, these three countries represented 59.5% of total export flows.

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

Source: SHEV.io

World map of product's exports from Sub-Saharan Africa in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The data shows irregular fluctuations, pointing to a volatile market environment. Exports hit a low in 2019 at 298 thousand US dollars, then climbed sharply to a peak of 8 552 thousand US dollars in 2020—a 29-fold increase. This surge represented a year-on-year growth of 2,769.8% from 2019 to 2020. The largest decline was recorded in 2018 at 91.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(91.1%)	(32.4%)	2 769.8%	20.1%

Source: SHEV.io

Between 2017 and 2020, Israel, the United Arab Emirates, and Saudi Arabia consistently remained the top destinations for corn oil and fractions exports in value terms. Israel held 26.8% of export value, the United Arab Emirates 20.9%, and Saudi Arabia 11.2%. Collectively, these three markets accounted for 58.9% 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 Sub-Saharan Africa in value, 2017-2020

Source: SHEV.io

Imports corn oil and fractions to Sub-Saharan Africa

Imports in kind, t

In 2020, Sub-Saharan Africa imported 5 841 tonnes of corn oil and fractions, showing a sharp year-on-year increase of 26.1%. Imports peaked in 2018 at 7 573 tonnes, then fell to a low of 4 632 tonnes in 2019—a decline of 38.8%. The largest increase occurred in 2018, with a rise of 28.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.4%	(38.8%)	26.1%	(0.3%)

Source: SHEV.io

From 2017 to 2020, Argentina, Egypt, and Brazil formed the primary cluster of markets for corn oil and fractions imports into Sub-Saharan Africa. Argentina contributed 41.5% of imports in kind, Egypt 18.7%, and Brazil 10.2%. Together, these three countries made up 70.4% of total import flows.

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

Source: SHEV.io

World map of product's imports to Sub-Saharan Africa in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Sub-Saharan Africa's corn oil and fractions imports amounted to 3 889 thousand US dollars, reflecting a moderate year-on-year increase of 9.8%. Over the period from 2017 to 2020, imports decreased by 40.8%, with a compound annual growth rate of -16.0%. Imports reached a high in 2018 at 6 972 thousand US dollars, then dropped to a low of 3 541 thousand US dollars in 2019—a decline of 49.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.1%	(49.2%)	9.8%	(16.0%)

Source: SHEV.io

During 2017–2020, Argentina, Egypt, and Brazil led the structure of corn oil and fractions imports in value terms. Argentina accounted for 40.5% of import value, Egypt for 19.8%, and Brazil for 12.3%. Combined, these three markets represented 72.6% 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 Sub-Saharan Africa in value, 2017-2020

Source: SHEV.io