Earlier Report Observations
The Zambian groundnut oil market experienced significant volatility in volume between 2018 and 2023. The initial period was shaped by the entry of a new private player, New Rotation Zambia (NRZ), which purchased over 630 metric tonnes of shelled groundnuts in 2018. This initiative created a fresh marketing channel for farmers, incentivizing groundnut cultivation among smallholders and supporting production at 4 581 tonnes that year.
Following a decline in 2019 and 2020, production began to recover in 2021. A sharp surge to 6 428 tonnes in 2022 coincided with reported price increases for groundnuts and sunflower by 23.47% to 34.79%. These higher commodity prices directly encouraged farmers to expand output, demonstrating how raw material cost fluctuations can drive production volumes.
The market volume receded to 5 162 tonnes in 2023, returning closer to 2021 levels. Throughout the period, broader agricultural policies and market access conditions continued to influence the production dynamics for groundnut oil.
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 Zambia
- 5.1.1. Annual dynamics of production in Zambia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Zambia 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 Zambia
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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, kg
- 6.1.2.1. Annual dynamics of product's imports to Zambia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Zambia by countries, 2018-2024, kg
- 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 Zambia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Zambia 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 Zambia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Zambia 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, kg
- 6.2.2.1. Annual dynamics of product's imports to Zambia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Zambia by countries, 2018-2024, kg
- 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 Zambia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Zambia 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 Zambia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Zambia 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, kg
- 7.1.2.1. Annual dynamics of product's exports from Zambia in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Zambia by countries, 2018-2024, kg
- 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 Zambia in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Zambia 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 Zambia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Zambia 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, kg
- 7.2.2.1. Annual dynamics of product's exports from Zambia in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Zambia by countries, 2018-2024, kg
- 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 Zambia in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Zambia 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 Zambia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Zambia 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, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 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 Zambia
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
Zambia's groundnut oil and fractions production declined for the second consecutive year. In 2020, production reached 2 850 tonnes, marking a 4.3% decrease compared to the previous year. Over the 2017-2020 period, production fell by 34.1%, with an average annual decline of 13.0%. The highest production level was recorded in 2018 at 4 581 tonnes. The most significant production drop occurred in 2019 with a 35.0% decrease, while the largest increase was observed in 2018 with a 5.9% rise.
Annual dynamics of production in Zambia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.9% | (35.0%) | (4.3%) | (13.0%) |
Exports groundnut oil and fractions from Zambia
Exports in kind, kg
In 2020, Zambia's groundnut oil and fractions exports amounted to 164 kilograms, showing minimal change from the previous year. Between 2018 and 2020, exports decreased by 95.1%, representing an average annual decline of 63.5%.
Annual dynamics of product's exports from Zambia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, South Africa received 95.4% of Zambia's total groundnut oil and fractions exports in volume terms, establishing itself as the overwhelmingly dominant market.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Zambia in kind, 2017-2020
Exports in value, $ US
In 2020, Zambia's groundnut oil and fractions export value reached 369 US dollars, showing little change from 2019. Between 2018 and 2020, export value decreased by 94.6%, equivalent to an average annual decline of 62.3%.
Annual dynamics of product's exports from Zambia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017-2020 period, South Africa dominated Zambia's groundnut oil and fractions export structure in value terms, accounting for 94.9% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Zambia in value, 2017-2020
Imports groundnut oil and fractions to Zambia
Imports in kind, kg
The data reveals irregular changes, indicating a volatile market environment. Import volumes varied significantly, with a 14.3-fold difference between the high in 2017 and the low in 2018. In 2020, Zambia's groundnut oil and fractions import volume reached 627 kilograms, representing a 90.7% decrease from the previous year. The lowest import volume was recorded in 2018 at 568 kilograms. The most substantial decline occurred in 2018 with a 93.0% drop, while the largest increase was observed in 2019 with a 1 090.7% surge.
Annual dynamics of product's imports to Zambia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (93.0%) | 1 090.7% | (90.7%) | (57.4%) |
From 2017 to 2020, South Africa and Malawi were the dominant sources for Zambia's groundnut oil and fractions imports in volume terms, jointly accounting for 97.3% of total import flows, with the remaining volume distributed among smaller markets.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Zambia in kind, 2017-2020
Imports in value, $ US
The market exhibited an unstable trend throughout the timeframe. Import values showed a 15-fold variation between the maximum in 2017 and the minimum in 2018. In 2020, Zambia's groundnut oil and fractions import value reached 1 404 US dollars, down by 88.9% from the previous year. The lowest import value was recorded in 2018 at 1 108 US dollars. The most significant decline occurred in 2018 with a 93.3% decrease, while the largest increase was observed in 2019 with a 1 043.8% rise.
Annual dynamics of product's imports to Zambia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (93.3%) | 1 043.8% | (88.9%) | (56.1%) |
During the 2017-2020 period, South Africa and Malawi jointly accounted for 97.2% of Zambia's total groundnut oil and fractions import value, with the remaining value distributed across smaller markets.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Zambia in value, 2017-2020
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