Cottonseed oil and fractions market in Senegal

Earlier Report Observations

The cottonseed oil market in Senegal began the period with a volume of 2,253 t in 2018, supported by a state policy favoring the cotton sector through the National Federation of Cotton Producers and the Society for the Development of Textile Fibers, which structured cotton production and trade, providing a base for cotton oil. The market then contracted to 1,801 t in 2019, a year marked by the adoption of a new Petroleum Code and local content law in the hydrocarbons sector, which could have introduced adjustments affecting related oil activities. A recovery followed in 2020, with market volume rising to 2,258 t, coinciding with the implementation of the Gas Code and regulations on best available techniques for chemical industrial installations, potentially influencing production conditions for industrial oils.

From 2021 onward, the market entered a phase of gradual decline. The volume decreased to 2,005 t in 2021, a movement aligned with successive amendments to international Codex Alimentarius standards for vegetable oils, including cotton oil, which influenced quality and labeling requirements, and the introduction of strict ministerial orders on the environmental management of used oils. The downward trend continued to 1,900 t in 2022, driven by decrees and orders that strengthened environmental and industrial regulations for chemical and oleaginous installations, impacting oil production and processing. By 2023, the market volume slightly decreased to 1,876 t, a stabilization influenced by a reported 1.1% decline in Senegal's domestic cotton production for the season, which affected the availability of cotton seeds for oil processing.

Production cottonseed oil and fractions in Senegal

In kind, 2017-2020, t

Top producers of cottonseed oil and fractions, 2017-2020

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

In 2020, Senegal produced 2,200 tonnes of cottonseed oil and fractions, marking a 22.2% increase from the previous year. Over the 2017-2020 period, production grew by 37.5%, with an average annual growth rate of 11.2%. The most significant production decline occurred in 2019, at 10.0%, while the largest increase was recorded in 2018, at 25.0%.

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

Exports cottonseed oil and fractions from Senegal

Exports in kind, t

In 2018, Senegal exported 381.2 tonnes of cottonseed oil and fractions, representing a dramatic increase of 1,334.8% compared to 2017.

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

From 2017 to 2020, nearly all of Senegal's cottonseed oil and fractions exports in kind went to Gambia, which accounted for 93.5% of total flows.

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

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

Exports in value, K $ US

In 2018, Senegal's cottonseed oil and fractions exports reached 210.8 thousand US dollars, showing a sharp year-on-year rise of 674.3%.

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

Between 2017 and 2020, Gambia and Guinea were the primary markets for Senegal's cottonseed oil and fractions exports in value terms, together comprising 100.0% of total flows.

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

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

Imports cottonseed oil and fractions to Senegal

Imports in kind, t

The market exhibited significant volatility during this period. Imports reached their lowest point in 2019 at 1.2 tonnes and peaked in 2018 at 633.7 tonnes, a difference of 547 times. In 2020, imported volumes amounted to 58.2 tonnes, up by 4,929.0% from the previous year. The largest decline occurred in 2019, at 99.8%, while the largest increase was recorded in 2018, at 21,024.8%.

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

From 2017 to 2020, Mali dominated Senegal's cottonseed oil and fractions imports in kind, capturing 91.0% of total flows.

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

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

Imports in value, K $ US

The data shows irregular changes, pointing to a volatile market environment. The lowest value was recorded in 2017, while the highest occurred in 2018 at 303.7 thousand US dollars, with a peak-to-trough ratio of 314 times. In 2020, import volumes reached 32.2 thousand US dollars, indicating a steep rise of 1,201.7% from the year before. The largest decline was in 2019, at 99.2%, and the largest increase was in 2018, at 31,272.9%.

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

Between 2017 and 2020, Mali and France were the dominant players in Senegal's cottonseed oil and fractions imports in value terms, together accounting for 99.1% of total flows.

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

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