Market research

Groundnut oil and fractions market in Cameroon

$Groundnut oil and fractions market in Cameroon$

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 Cameroonian groundnut oil market grew steadily from 59 370 t in 2018 to 65 311 t in 2020. This expansion was primarily driven by the entry of new local SMEs like Mbiang Oil, which emphasized 'Made in Cameroon' production and leveraged online sales platforms. In 2020, a temporary suspension of vegetable oil exports by Cameroonian customs helped retain more supply domestically, supporting market volume despite ongoing climatic challenges and variable peanut prices that affected raw material availability.

After peaking in 2020, the market volume gradually contracted to 63 800 t by 2022 and remained stable at that level in 2023, marking a period of consolidation.

In 2024, floods in northern production basins impacted peanut availability, although increased supply in some regions led to lower local prices, continuing the influence of climatic and agricultural factors on the sector.

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 Cameroon
  1. 5.1.1. Annual dynamics of production in Cameroon in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Cameroon 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. 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 Cameroon in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Cameroon 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 Cameroon in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cameroon 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 Cameroon, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Cameroon 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 Cameroon in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Cameroon 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 Cameroon in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cameroon 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 Cameroon, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Cameroon 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 Cameroon in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Cameroon 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 Cameroon in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cameroon 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 Cameroon, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Cameroon 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 Cameroon in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Cameroon 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 Cameroon in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cameroon 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 Cameroon, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Cameroon 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 Cameroon

In kind, 2017-2020, t

Cameroon was among the world's leading producers of groundnut oil and fractions from 2017 to 2020, ranking 12th globally by production volume during this period.

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

Cameroon's production of groundnut oil and fractions increased for the second consecutive year in 2020, reaching 65 300 tonnes. This represented a year-over-year growth of 3.5%. Over the 2017-2020 period, production rose by 2.6%, with a compound annual growth rate of 0.9%. The lowest production level was recorded in 2018 at 59 485 tonnes, marking a decline of 6.5% that year. In contrast, 2019 saw the largest increase of 6.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.5%)	6.1%	3.5%	0.9%

Source: SHEV.io

Exports groundnut oil and fractions from Cameroon

Exports in kind, t

In 2020, Cameroon exported 4.9 tonnes of groundnut oil and fractions, a level that remained broadly stable compared to the previous year. Over the 2018-2020 period, exports decreased by 96%, with a compound annual growth rate of -65.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Cameroon's groundnut oil and fractions exports were primarily directed towards Gabon, which accounted for 96.2% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of groundnut oil and fractions exported from Cameroon reached 12.9 thousand US dollars, remaining flat compared to the previous year. Over the 2018-2020 period, export values decreased by 93.6%, with a compound annual growth rate of -60.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During 2017-2020, Gabon effectively dominated Cameroon's groundnut oil and fractions exports in value terms, capturing 94.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports groundnut oil and fractions to Cameroon

Imports in kind, t

The import market showed an unstable trend throughout the period. Imports peaked in 2017 and reached their lowest point in 2019 at 2.3 tonnes, representing a 70.5% decline that year. The difference between these years was a 9.2-fold change. In 2020, Cameroon imported 16.0 tonnes of groundnut oil and fractions, which was 588.7% higher than the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(63.1%)	(70.5%)	588.7%	(9.1%)

Source: SHEV.io

From 2017 to 2020, the key partners for Cameroon's groundnut oil and fractions imports by volume were Equatorial Guinea with 29.8%, Nigeria with 21.1%, and the United States with 14.6%. Together, these three countries accounted for 65.4% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The import market exhibited volatility throughout the timeframe. Imports reached their lowest value in 2019 at 3.6 thousand US dollars, a decline of 74.8% that year, and peaked in 2020, creating an 11.2-fold gap between these two years. In 2020, the value of groundnut oil and fractions imported by Cameroon amounted to 40.9 thousand US dollars, marking a sharp year-over-year increase of 1,021.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(62.1%)	(74.8%)	1 021.7%	2.3%

Source: SHEV.io

In the 2017-2020 period, the principal suppliers of groundnut oil and fractions to Cameroon by value were Equatorial Guinea with 36.3%, the United States with 18.8%, and Nigeria with 11.2%. Collectively, these three countries represented 66.3% 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 Cameroon in value, 2017-2020

Source: SHEV.io