Earlier Report Observations
The market for groundnut oil and fractions in Congo saw its volume grow from 2 532 t in 2018 to a peak of 2 828 t in 2020, driven by increasing domestic production and a significant, though temporary, rise in imports. After this high point, the market entered a phase of gradual contraction, declining to 2 719 t by 2023.
The downturn from 2021 onward was influenced by external trade disruptions, notably the war in Ukraine which severely impacted import-dependent supply chains. This conflict caused prices for imported oil to more than double and reduced the availability of foreign-sourced product, contributing to the market's shrinkage. Concurrently, the local sector was reinforced by the entry of a new player, Eco Oil, which launched a processing plant in Kayes with an annual capacity of 40 million liters, sourcing peanuts from Congolese farmers to support domestic output.
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 Congo
- 5.1.1. Annual dynamics of production in Congo in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Congo 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 Congo
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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 Congo in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Congo 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, $ US
- 6.1.3.1. Annual dynamics of product's imports to Congo in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Congo by countries, 2018-2024, $ 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 Congo, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Congo 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 Congo in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Congo 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, $ US
- 6.2.3.1. Annual dynamics of product's imports to Congo in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Congo by countries, 2018-2024, $ 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 Congo, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Congo 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 Congo in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Congo 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, $ US
- 7.1.3.1. Annual dynamics of product's exports from Congo in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Congo by countries, 2018-2024, $ 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 Congo, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Congo 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 Congo in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Congo 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, $ US
- 7.2.3.1. Annual dynamics of product's exports from Congo in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Congo by countries, 2018-2024, $ 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 Congo, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Congo 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, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, $ 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 Congo
In kind, 2017-2020, t
Top producers of groundnut oil and fractions, 2017-2020
World map of production of groundnut oil and fractions, 2017-2020
Groundnut oil and fractions production in Congo increased for the second consecutive year. In 2020, Congo produced 2 741 tonnes of groundnut oil and fractions, which remained relatively stable compared to the previous year. Over the period from 2017 to 2020, production grew by 7.6%, with a compound annual growth rate of 2.5%. The lowest production level was recorded in 2018 at 2 526 tonnes, which saw a decline of 0.8%. The largest increase occurred in 2019, with production rising by 8.4%.
Annual dynamics of production in Congo in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.8%) | 8.4% | 0.1% | 2.5% |
Exports groundnut oil and fractions from Congo
Exports in kind, t
The market exhibited significant volatility during these years. Exports reached their lowest point in 2018 and peaked in 2019, with a 480-fold difference between these two years. In 2020, Congo's exports of groundnut oil and fractions totalled 30.5 tonnes, marking a sharp decline of 59.2% compared to 2019. The highest export volume was recorded in 2019 at 74.8 tonnes, which represented an extraordinary increase of 47 851.9% from the previous year.
Annual dynamics of product's exports from Congo in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 47 851.9% | (59.2%) | - |
From 2017 to 2020, 93.0% of Congo's total exports of groundnut oil and fractions in kind were directed to the Democratic Republic of the Congo, making this market overwhelmingly dominant.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Congo in kind, 2017-2020
Exports in value, K $ US
The market showed signs of volatility over the observed period. Import levels fluctuated significantly, with a 502-fold difference between the high in 2019 and the low in 2018. In 2020, groundnut oil and fractions shipments from Congo to abroad amounted to 17.7 thousand US dollars, showing a sharp decrease of 49.6% year-on-year. The maximum value was recorded in 2019 at 35.2 thousand US dollars, which saw a dramatic increase of 50 066.2% from the previous year.
Annual dynamics of product's exports from Congo in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 50 066.2% | (49.6%) | - |
Throughout 2017 to 2020, the Democratic Republic of the Congo was the key partner for Congo's exports in value terms, accounting for 90.4% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Congo in value, 2017-2020
Imports groundnut oil and fractions to Congo
Imports in kind, t
The market exhibited an unstable trend throughout the timeframe. The period from 2017 to 2018 saw a peak-to-trough amplitude of 132 times. In 2020, Congo imported approximately 117.7 tonnes of groundnut oil and fractions, showing an abrupt uptick of 1 212.5% year-on-year. The minimum value was recorded in 2018 at 5.9 tonnes, which experienced a decline of 99.2%.
Annual dynamics of product's imports to Congo in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (99.2%) | 52.2% | 1 212.5% | (46.7%) |
Over 2017 to 2020, Malaysia was the primary source for Congo's imports in kind, accounting for 84.7% of total flows, while other markets formed a long tail of smaller partners.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Congo in kind, 2017-2020
Imports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. The highest value was noted in 2017, while the lowest occurred in 2018, with a peak-to-trough ratio of 18 times. In 2020, cross-border shipments of groundnut oil and fractions to Congo totalled 39.0 thousand US dollars, reflecting a dramatic rise of 94.8% compared to the previous year. The minimum value was recorded in 2018 at 17.2 thousand US dollars, which saw a decline of 94.5%.
Annual dynamics of product's imports to Congo in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (94.5%) | 16.5% | 94.8% | (49.9%) |
From 2017 to 2020, Malaysia accounted for 77.0% of Congo's total imports in value terms, and the remaining flows were distributed among a broad group of smaller countries.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Congo in value, 2017-2020
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