Earlier Report Observations
Zimbabwe's groundnut oil market volume contracted from 10 100 t in 2018 to 7 900 t in 2021, representing a cumulative drop of over 20%. The decline was interrupted in 2022 when production and market size recovered to 8 700 t, a level maintained through 2023.
Throughout the period, peanut oil prices in Zimbabwe remained remarkably stable, hovering around $1.00 per kg from 2017 to 2024. This price consistency suggests an absence of major cost shocks or demand spikes that could have altered market dynamics significantly.
Regional trade patterns introduced competitive pressures, notably with Mozambique exporting palm oil to Zimbabwe. While groundnut oil imports were negligible, the inflow of alternative edible oils likely influenced consumer choices and market conditions for domestic producers.
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 Zimbabwe
- 5.1.1. Annual dynamics of production in Zimbabwe in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Zimbabwe 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 Zimbabwe
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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 Zimbabwe in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Zimbabwe 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 Zimbabwe in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Zimbabwe 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 Zimbabwe, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Zimbabwe 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 Zimbabwe in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Zimbabwe 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 Zimbabwe in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Zimbabwe 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 Zimbabwe, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Zimbabwe 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 Zimbabwe in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Zimbabwe 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 Zimbabwe in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's exports in value from Zimbabwe 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 Zimbabwe, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Zimbabwe 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 Zimbabwe in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Zimbabwe 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 Zimbabwe in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's exports in value from Zimbabwe 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 Zimbabwe, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Zimbabwe 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 Zimbabwe
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
Zimbabwe's groundnut oil and fractions production declined for the second year in a row. In 2020, the country produced 8 800 tonnes, marking a 9.3% year-on-year decrease. Looking at the period from 2017 to 2020, production overall grew by 20.5%, with an average annual growth rate of 6.4%. The peak was reached in 2018 at 10 100 tonnes, which also saw the largest annual increase of 38.4%.
Annual dynamics of production in Zimbabwe in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.4% | (4.0%) | (9.3%) | 6.4% |
Exports groundnut oil and fractions from Zimbabwe
Exports in kind, kg
Annual dynamics of product's exports from Zimbabwe 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, Zimbabwe's exports of groundnut oil and fractions in kind were almost entirely directed to Zambia, which accounted for 100.0% of the total export volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Zimbabwe in kind, 2017-2020
Exports in value, $ US
Annual dynamics of product's exports from Zimbabwe 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, Zambia dominated Zimbabwe's exports of groundnut oil and fractions in value terms, holding a 100.0% share of the total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Zimbabwe in value, 2017-2020
Imports groundnut oil and fractions to Zimbabwe
Imports in kind, kg
In 2020, Zimbabwe's imports of groundnut oil and fractions in kind totaled 5 753 kilograms, showing a significant increase of 1 093.6% compared to the previous year.
Annual dynamics of product's imports to Zimbabwe in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 1 093.6% | - |
Throughout 2017–2020, Zambia was the primary source for Zimbabwe's imports of groundnut oil and fractions in kind, with an 87.0% share of total imports, while other markets made up the remaining portion.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Zimbabwe in kind, 2017-2020
Imports in value, $ US
In 2020, the value of Zimbabwe's imports of groundnut oil and fractions reached 4 635 US dollars, reflecting a sharp rise of 1 542.0% from 2019.
Annual dynamics of product's imports to Zimbabwe in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 1 542.0% | - |
From 2017 to 2020, Zambia led Zimbabwe's imports of groundnut oil and fractions in value terms, capturing 86.1% of the total import value, with the rest distributed among other trading partners.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Zimbabwe in value, 2017-2020
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