Market research

Groundnut oil and fractions market in Burkina Faso

$Groundnut oil and fractions market in Burkina Faso$

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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Earlier Report Observations

The market for groundnut oil in Burkina Faso experienced considerable volatility between 2018 and 2023. Production volume fell sharply from 49 000 t in 2018 to 18 000 t in 2019, before recovering to 28 700 t in 2020. A subsequent decline brought production to 21 700 t in 2021, followed by stabilization at 23 698 t in 2022.

The sector saw supportive developments from 2021 onward. Seed financing for agri-food startups through the I&P Accélération au Sahel program provided a foundation for long-term industry development. The update of the national oil mill web platform in 2022 aimed to enhance market transparency and information management. A significant production rebound to 30 308 t occurred in 2023, primarily driven by the modernization of oil extraction techniques, which increased yield and profitability, and by quality improvement programs for peanuts, including the use of Aflasafe BF01 to combat aflatoxins. Continued investment inflows further supported this growth.

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 Burkina Faso
  1. 5.1.1. Annual dynamics of production in Burkina Faso in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Burkina Faso in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, 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, 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Burkina Faso in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Burkina Faso by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Burkina Faso in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Burkina Faso by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Burkina Faso, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Burkina Faso by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Burkina Faso in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Burkina Faso by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Burkina Faso in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Burkina Faso by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Burkina Faso, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Burkina Faso by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Burkina Faso in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Burkina Faso by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Burkina Faso in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Burkina Faso by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Burkina Faso, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Burkina Faso by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Burkina Faso in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Burkina Faso by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Burkina Faso in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Burkina Faso by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Burkina Faso, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Burkina Faso 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, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, $ 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 Burkina Faso

In kind, 2017-2020, t

Burkina Faso was among the world's top producers of groundnut oil and fractions from 2017 to 2020, ranking 19th globally by production volume.

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

In 2020, Burkina Faso produced 28 700 tonnes of groundnut oil and fractions, representing a sharp increase of 59.4% compared to 2019. Over the 2017-2020 period, production decreased by 31.7%, with a compound annual growth rate of -11.9%. The lowest production was recorded in 2019 at 18 000 tonnes, while the highest was in 2018 at 49 000 tonnes. The most significant decline occurred in 2019, when production fell by 63.3%.

Annual dynamics of production in Burkina Faso in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.7%	(63.3%)	59.4%	(11.9%)

Source: SHEV.io

Exports groundnut oil and fractions from Burkina Faso

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Export volumes varied significantly, with a 13-fold difference between the low in 2019 and the high in 2020. In 2020, Burkina Faso exported 0.5 tonnes of groundnut oil and fractions, which was up by 1 195.0% from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	1 195.0%	33.0%

Source: SHEV.io

From 2017 to 2020, exports in kind were heavily concentrated on Belgium, which accounted for 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

The market exhibited an unstable trend throughout this period. Export values reached their lowest point in 2019 and peaked in 2020, with a 25-fold variation between these years. In 2020, Burkina Faso's groundnut oil and fractions exports amounted to 1 714 US dollars, marking a sharp rise of 2 410.1% compared to 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	2 410.1%	113.7%

Source: SHEV.io

During 2017-2020, Belgium was the almost exclusive buyer of groundnut oil and fractions from Burkina Faso, accounting for 100.0% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports groundnut oil and fractions to Burkina Faso

Imports in kind, t

Volatility characterized the market behavior during these years. Import volumes reached their lowest point in 2018 and peaked in 2019, with a 6.6-fold difference between these years. In 2020, Burkina Faso imported 34.0 tonnes of groundnut oil and fractions, down by 66.4% from the prior year. The minimum volume was recorded in 2018 at 15.5 tonnes, while the maximum was in 2019 at 101.3 tonnes. The largest increase occurred in 2019, when imports surged by 555.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(10.2%)	555.6%	(66.4%)	25.5%

Source: SHEV.io

From 2017 to 2020, Indonesia (60.3% of imports in kind), China (12.5%), and Niger (9.7%) stood out as the main sources for imports in kind, together representing 82.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

The market showed signs of volatility over the observed period. Import values fell to their lowest in 2018 and rose to their highest in 2019, with a 10.3-fold amplitude between these years. In 2020, Burkina Faso imported 8 567 US dollars worth of groundnut oil and fractions, indicating a steep decline of 42.6% compared to 2019. The minimum value was recorded in 2018 at 1 452 US dollars, while the maximum was in 2019 at 14 934 US dollars. The largest decline occurred in 2018, when values dropped by 63.8%, and the largest increase was in 2019, with a rise of 928.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(63.8%)	928.3%	(42.6%)	28.7%

Source: SHEV.io

Throughout 2017-2020, Indonesia (51.5% of imports in value terms), China (16.2%), and France (11.0%) formed the core group of markets for imports in value terms, together accounting for 78.8% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io