Market research

Groundnutoil-cake market in Ghana

Release date: Mar 29, 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 market for groundnut oil cake in Ghana showed volatile volume movement from 2018 to 2023. After starting at 99.8 thousand tons in 2018, the market contracted to 88.8 thousand tons in 2019 and fell sharply to 66.4 thousand tons in 2020. A robust recovery followed, with volume rising to 95.9 thousand tons in 2021, then growing to 111.6 thousand tons in 2022 and reaching 114.3 thousand tons in 2023.

Key developments by 2024 included sustained demand from the expanding dairy and poultry sectors, which used more groundnut cake as a protein-rich animal feed. Technological advancements in oil extraction and processing improved yields, while new sustainable peanut farming initiatives by major international players entered the market. Government promotion of sustainable agriculture and fair trade practices also provided support, alongside growing consumer preference for natural and cold-pressed oil products influencing the supply chain.

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 Ghana
  1. 5.1.1. Annual dynamics of production in Ghana in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Ghana 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, K 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, K 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 Ghana in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Ghana 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, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, $ 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 Ghana, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Ghana 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 Ghana in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Ghana 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, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, $ 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 Ghana, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Ghana 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 Ghana in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Ghana 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, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, $ 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 Ghana, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Ghana 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 Ghana in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Ghana 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, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, $ 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 Ghana, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Ghana 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, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, $ 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 Ghana

In kind, 2017-2020, t

From 2017 to 2020, Ghana ranked 9th globally in groundnut oil-cake production.

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Groundnut oil-cake production in Ghana fell for the second year in a row. In 2020, Ghana produced 66 428 tonnes, a 25.0% decrease from the previous year. Between 2017 and 2020, production dropped by 19.7%, averaging a 7.1% annual decline. The highest output was in 2018 at 99 784 tonnes, which also saw the biggest increase of 20.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.6%	(11.2%)	(25.0%)	(7.1%)

Source: SHEV.io

Exports groundnutoil-cake from Ghana

Exports in kind, t

Annual dynamics of product's exports from Ghana 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, exports in kind were almost entirely directed to the United States, making up 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, $ US

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

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

Source: SHEV.io

During 2017–2020, the United States dominated Ghana's groundnut oil-cake exports in value terms, accounting for 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports groundnutoil-cake to Ghana

Imports in kind, t

In 2020, Ghana's groundnut oil-cake imports totaled 20.2 tonnes, a sharp 90.1% drop from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(90.1%)	-

Source: SHEV.io

Between 2017 and 2020, Senegal and Côte d'Ivoire were the main sources for imports in kind, together representing 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2020, Ghana's groundnut oil-cake import value was $4 741, marking a steep 87.0% decline from the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(87.0%)	-

Source: SHEV.io

From 2017 to 2020, imports in value terms were highly concentrated on Senegal and Côte d'Ivoire, which together held 91.0% of total flows, with other partners making up the remainder.

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

Source: SHEV.io

World map of product's imports to Ghana in value, 2017-2020

Source: SHEV.io