Earlier Report Observations
The market volume for corn oil and fractions in Zimbabwe declined steadily from 14 848 metric tons in 2018 to 12 531 metric tons in 2023, a total reduction of approximately 16%. Production, which accounted for virtually all domestic supply, fell each year over this period, while imports and exports remained minimal.
The contraction in 2023 was primarily driven by a severe El Niño drought that reduced maize harvests, limiting raw material availability for oil extraction. At the same time, imports of alternative edible oils such as palm oil from Mozambique increased, reflecting competitive pressures within the broader vegetable oil market.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Zimbabwe
- 5.1.1. Annual dynamics of production in Zimbabwe in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Zimbabwe in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Zimbabwe
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Zimbabwe in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Zimbabwe by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Zimbabwe in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Zimbabwe by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Zimbabwe, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Zimbabwe by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Zimbabwe in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Zimbabwe by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Zimbabwe in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Zimbabwe by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Zimbabwe, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Zimbabwe by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production corn oil and fractions in Zimbabwe
In kind, 2017-2020, t
On a global scale, Zimbabwe ranked as the 24th largest producer of corn oil and fractions during the period from 2017 to 2020.
Top producers of corn oil and fractions, 2017-2020
World map of production of corn oil and fractions, 2017-2020
Zimbabwe's production of corn oil and fractions declined for the second consecutive year. In 2020, the country produced 13 930 tonnes, marking a 6.1% decrease compared to 2019. Over the four-year span from 2017 to 2020, production fell by 5.2%, which translates to an average annual decline of 1.8%. The highest production level was recorded in 2018 at 14 848 tonnes, with that year also seeing the largest increase of 1.0%.
Annual dynamics of production in Zimbabwe in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.0% | (0.1%) | (6.1%) | (1.8%) |
Exports corn oil and fractions from Zimbabwe
Based on desk-based market analysis, Zimbabwe did not export any corn oil and fractions from 2017 to 2020.
Imports corn oil and fractions to Zimbabwe
Imports in kind, kg
The data shows irregular changes, pointing to a volatile market environment. Imports hit their lowest point in 2018 and then peaked in 2019, with a dramatic 102-fold swing between these two years. In 2020, Zimbabwe's imports of corn oil and fractions amounted to 2 363 kilograms, representing a 53.5% year-over-year decline. The maximum import volume was recorded in 2019 at 5 081 kilograms, which also saw the largest increase of 10 062.0%.
Annual dynamics of product's imports to Zimbabwe in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 10 062.0% | (53.5%) | - |
From 2017 to 2020, South Africa was the dominant source for Zimbabwe's imports of corn oil and fractions in kind, accounting for 89.2% of total flows, while other markets made up the remainder.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Zimbabwe in kind, 2017-2020
Imports in value, $ US
The data indicates irregular changes, reflecting a volatile market environment. Imports reached their lowest point in 2018 and peaked in 2019, with a 36-fold difference between these years. In 2020, cross-border shipments of corn oil and fractions to Zimbabwe totaled 3 614 US dollars, showing a 49.3% year-over-year decrease. The highest value was recorded in 2019 at 7 129 US dollars, which also experienced the largest increase of 3 464.0%.
Annual dynamics of product's imports to Zimbabwe in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 3 464.0% | (49.3%) | - |
Throughout the period from 2017 to 2020, South Africa dominated Zimbabwe's imports of corn oil and fractions in value terms, consistently representing 98.0% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Zimbabwe in value, 2017-2020
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