Earlier Report Observations
Angola's production of groundnut oil showed notable volatility between 2018 and 2023. Output began at 28 071 т in 2018, dipped slightly to 27 054 т in 2019, then climbed to 30 133 т by 2021. A significant contraction to 26 582 т followed in 2022, before a robust recovery to 31 666 т in 2023. The 19% surge in 2023 was primarily driven by a 4% expansion in domestic peanut harvests that year, which increased the raw material available for oil processing.
Broader market developments provided supporting context. The 2022 National Grain Production Promotion Plan, which included peanuts, was launched to elevate agricultural output. In 2021, the publication of a local content list for the petroleum sector aimed to boost Angolan company participation in related industries. Within the reported period, the Rafinole refinery commenced operations with dedicated capacity for producing and storing vegetable oils, including local brands, marking a step toward greater supply chain autonomy.
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 Angola
- 5.1.1. Annual dynamics of production in Angola in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Angola 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 Angola
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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, t
- 6.1.2.1. Annual dynamics of product's imports to Angola in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Angola by countries, 2018-2024, t
- 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, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Angola in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Angola by countries, 2018-2024, K $ 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/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Angola, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Angola by countries, 2018-2024, $ US/t
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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, t
- 6.2.2.1. Annual dynamics of product's imports to Angola in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Angola by countries, 2018-2024, t
- 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, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Angola in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Angola by countries, 2018-2024, K $ 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/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Angola, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Angola by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Angola in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Angola by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Angola in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Angola by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Angola, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Angola by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Angola in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Angola by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Angola in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Angola by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Angola, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Angola by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production groundnut oil and fractions in Angola
In kind, 2017-2020, t
Between 2017 and 2020, Angola ranked 22nd globally in the production of groundnut oil and fractions.
Top producers of groundnut oil and fractions, 2017-2020
World map of production of groundnut oil and fractions, 2017-2020
Angola's production of groundnut oil and fractions declined for two consecutive years before rebounding in 2020. That year, the country produced 28 677 tonnes, marking a modest increase of 6.0% compared to 2019. The lowest production level was recorded in 2019 at 27 054 tonnes, which also saw the largest decline of 3.6%.
Annual dynamics of production in Angola in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.3%) | (3.6%) | 6.0% | 0.6% |
Exports groundnut oil and fractions from Angola
Exports in kind, t
In 2020, Angola exported 1.1 tonnes of groundnut oil and fractions, a sharp decrease of 59.5% from 2019.
Annual dynamics of product's exports from Angola in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (59.5%) | - |
From 2017 to 2020, the Democratic Republic of the Congo and Congo were the primary export destinations for groundnut oil and fractions from Angola, together accounting for 97.0% of total export volumes. The remaining share was distributed among other markets.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Angola in kind, 2017-2020
Exports in value, K $ US
Angola's exports of groundnut oil and fractions in 2020 amounted to 1.0 thousand US dollars, reflecting a significant drop of 59.3% compared to 2019.
Annual dynamics of product's exports from Angola in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (59.3%) | - |
Throughout the 2017–2020 period, the Democratic Republic of the Congo and Congo continued to be the main buyers of Angolan groundnut oil and fractions in value terms, jointly representing 98.1% of total export value. Other countries made up the remainder.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Angola in value, 2017-2020
Imports groundnut oil and fractions to Angola
Imports in kind, t
Import volumes of groundnut oil and fractions into Angola showed an unstable trend from 2017 to 2020. The lowest point was in 2017, followed by a peak in 2018, representing a 20-fold increase between these years. In 2020, imports totaled 27.9 tonnes, a steep decline of 91.9% from 2019. The highest import volume was recorded in 2018 at 361.6 tonnes, which also saw the largest increase of 1 882.6%.
Annual dynamics of product's imports to Angola in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1 882.6% | (5.0%) | (91.9%) | 15.2% |
Between 2017 and 2020, Portugal and Indonesia dominated Angola's imports of groundnut oil and fractions in volume terms, jointly accounting for 82.1% of total imports. Other countries held much smaller shares.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Angola in kind, 2017-2020
Imports in value, K $ US
The value of Angola's imports of groundnut oil and fractions exhibited irregular changes, indicating a volatile market. Imports reached their lowest point in 2020 and peaked in 2018, with a 33-fold difference between these years. In 2020, import value stood at 19.1 thousand US dollars, a dramatic fall of 93.8% from the previous year. The maximum value was recorded in 2018 at 638.6 thousand US dollars, which also experienced the largest increase of 426.5%.
Annual dynamics of product's imports to Angola in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 426.5% | (51.9%) | (93.8%) | (46.0%) |
From 2017 to 2020, Portugal, Indonesia, and China were the principal suppliers of groundnut oil and fractions to Angola in value terms. Portugal accounted for 50.7% of imports, Indonesia for 25.5%, and China for 13.0%, together making up 89.2% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Angola in value, 2017-2020
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