Market research

Groundnut oil and fractions market in Africa

$Groundnut oil and fractions market in Africa$

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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"Africa" region includes following countries:

Algeria

Libya

Morocco

Sudan

Western Sahara

Tunisia

Egypt

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 South African groundnut oil market faced production constraints in the late 2010s due to severe droughts in 2015-2016, which reduced groundnut yields and increased reliance on imports. Industry support from the Oil & Protein Seeds Development Trust, through research and information initiatives, helped stabilize the sector. Market volume dipped to 1 391 thousand tons in 2019 before recovering to 1 450 thousand tons in 2020.

Production and market volume grew steadily from 2020 onward, reaching 1 530 thousand tons in 2022. This expansion was primarily driven by the war in Ukraine, which disrupted global cooking oil supplies and prompted a strategic push for indigenous oilseed production, including groundnut oil. Global supply chain disruptions further incentivized local market development.

In 2023, market volume declined to 1 460 thousand tons. During this period, the National Agricultural Marketing Council's market access program aimed to integrate smallholder farmers into the value chain, while consumer preferences increasingly favored health-conscious and ethically produced food oils. Rising cooking oil prices and sustained demand for healthy alternatives continued to influence the market into 2024.

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

In kind, 2017-2020, K t

Top producers of groundnut oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Africa's production of groundnut oil and fractions has grown for the third year in a row. In 2020, the continent produced 1 492 K t, marking a 1.7% increase from 2019. Looking at the period from 2017 to 2020, production rose by 8.8%, with an average annual growth rate of 2.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.5%	0.3%	1.7%	2.8%

Source: SHEV.io

Exports groundnut oil and fractions from Africa

Exports in kind, t

Export volumes showed significant fluctuations during this period. In 2018, exports hit their lowest point at 38 231 t, then surged to a peak of 82 299 t in 2019—a 115.3% increase. By 2020, cross-border shipments of groundnut oil and fractions from Africa dropped sharply to 45 451 t, a 44.8% decline from the previous year. Overall, exports varied by a factor of 2.2 between the low in 2018 and the high in 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(29.6%)	115.3%	(44.8%)	(5.8%)

Source: SHEV.io

From 2017 to 2020, the main destinations for Africa's groundnut oil and fractions exports were China, Italy, and the Netherlands. China accounted for 56.7% of exports in kind, Italy for 11.1%, and the Netherlands for 9.2%. Together, these three countries made up 77.0% of total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, Africa's groundnut oil and fractions exports were valued at 68 633 K $ US, down 27.5% from 2019. The lowest value was recorded in 2018 at 57 084 K $ US, while the highest was in 2019 at 94 678 K $ US—a 65.9% increase from the previous year. Over the 2017–2020 period, exports decreased by 5.8%, with an annualized decline of 2.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(21.7%)	65.9%	(27.5%)	(2.0%)

Source: SHEV.io

Between 2017 and 2020, China, Italy, and the Netherlands remained the top buyers of groundnut oil and fractions from Africa in value terms. China's share was 59.5%, Italy's was 10.7%, and the Netherlands' was 9.2%. Combined, these countries represented 79.5% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports groundnut oil and fractions to Africa

Imports in kind, t

Imports of groundnut oil and fractions into Africa fell for the third consecutive year. In 2020, imports stood at 3 338 t, a 49.1% drop from 2019. Over the 2017–2020 period, imports declined by 85.4%, with an average annual decrease of 47.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(46.3%)	(46.4%)	(49.1%)	(47.3%)

Source: SHEV.io

From 2017 to 2020, Malaysia, Indonesia, and Singapore were the leading sources of groundnut oil and fractions imports into Africa. Malaysia contributed 43.0% of imports in kind, Indonesia 18.1%, and Singapore 4.4%. Together, these three markets accounted for 65.4% of total import volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The value of groundnut oil and fractions imports into Africa decreased for the third year in a row. In 2020, imports were valued at 2 404 K $ US, reflecting a 17.1% reduction compared to the previous year. Between 2017 and 2020, imports fell by 80.7%, with an annualized decline of 42.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(45.9%)	(57.0%)	(17.1%)	(42.2%)

Source: SHEV.io

During 2017–2020, Malaysia, Indonesia, and Turkey were the largest contributors to Africa's groundnut oil and fractions imports in value terms. Malaysia accounted for 33.5%, Indonesia for 15.8%, and Turkey for 4.9%. Collectively, these three countries made up 54.2% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io