Market research

Groundnutoil-cake market in Central America

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

The market for groundnut oil-cake in Central America expanded from 45 646 t in 2018 to 49 733 t in 2019, driven by the region's strong export orientation toward key Asian markets like Japan and Indonesia, which boosted production. Continued innovation in healthier oilseed-based food formulations further supported demand for these by-products.

Market volume contracted to 37 190 t by 2021, influenced by the COVID-19 pandemic's disruption to supply chains and a sharp rise in exports, which reached 4 871 t in 2020, reducing domestic availability. The introduction of stricter quality regulations for oils and fats in 2021 also temporarily affected production as processors adapted to new safety standards.

A recovery followed, with the market reaching 42 063 t in 2022 and stabilizing around 42 130 t in 2023. This rebound was underpinned by ongoing product innovation and the growing emphasis on sustainable waste management and circular economy practices, which sustained demand for oil-cake as a valuable by-product.

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 Central America
  1. 5.1.1. Annual dynamics of production in Central America in kind, 2018-2023, t
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 Belize in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize 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 Belize in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/kg
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 Belize in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize 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 Belize in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/kg
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 Belize in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize 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 Belize in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/kg
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 Belize in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize 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 Belize in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/kg
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 groundnutoil-cake in Central America

In kind, 2017-2020, t

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

World map of production of groundnutoil-cake, 2017-2020

Source: SHEV.io

In 2020, Central America produced 39 888 tonnes of groundnut oil-cake, marking a modest decline of 9.2% from the previous year. Production reached its lowest point in 2018 at 37 356 tonnes, while the peak was recorded in 2019 with 43 917 tonnes, representing a significant 17.6% increase that year. Over the period from 2017 to 2020, overall production grew by 5%, translating to an average annual growth rate of 1.6%.

Annual dynamics of production in Central America in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.6%)	17.6%	(9.2%)	1.6%

Source: SHEV.io

Exports groundnutoil-cake from Central America

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Export volumes hit their lowest point in 2018 at 57 tonnes, with a dramatic 99.3% decline that year, while they peaked in 2017, creating a top-to-bottom ratio of 152 times. In 2020, groundnut oil-cake exports from Central America amounted to 4 871 tonnes, reflecting an extraordinary surge of 7,556.4% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.3%)	10.9%	7 556.4%	(17.7%)

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2020, groundnut oil-cake exports from Central America totaled 2 688 thousand US dollars, showing a 10.0% increase from the previous year. The maximum value was recorded in 2018 at 4 307 thousand US dollars, with a 29.8% rise that year, while the minimum occurred in 2019 at 2 443 thousand US dollars, marking a substantial 43.3% decline. From 2017 to 2020, overall exports fell by 19%, equivalent to an annualized decrease of 6.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.8%	(43.3%)	10.0%	(6.8%)

Source: SHEV.io

Between 2017 and 2020, the United Kingdom held the leading position in groundnut oil-cake exports from Central America in value terms, accounting for 0.6% of the total.

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

Source: SHEV.io

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

Source: SHEV.io

Imports groundnutoil-cake to Central America

Imports in kind, t

Groundnut oil-cake imports into Central America declined for the third consecutive year. In 2020, imports stood at 5 361 tonnes, representing an 8.8% decrease compared to 2019. Over the 2017-2020 period, imports dropped by 44.3%, with a compound annual growth rate (CAGR) of -17.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.3%)	(29.6%)	(8.8%)	(17.7%)

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, groundnut oil-cake imports into Central America reached 2 963 thousand US dollars, up by 13.4% from the previous year. The maximum value was recorded in 2018 at 4 733 thousand US dollars, with a 29.3% increase that year, while the minimum occurred in 2019 at 2 612 thousand US dollars, reflecting a sharp 44.8% decline. From 2017 to 2020, overall imports decreased by 19%, equating to an annualized reduction of 6.8%.

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