Market research

Groundnutoil-cake market in Senegal

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 Senegalese groundnut oil-cake market expanded from 211.5 thousand tons in 2018 to 220.8 thousand tons in 2019. This growth was driven by a 95.1% increase in groundnut collections, which boosted crude oil production by 54.7% and directly lifted oil-cake output by 59.9%, supported by the dominant state-owned processor Sonacos and protective import tariffs.

Market volume contracted sharply to 169.7 thousand tons in 2020. A recovery to 184.9 thousand tons followed in 2021, supported by the ongoing economic emphasis on local groundnut processing and policy recommendations to limit oil imports in favor of domestic production.

Volume grew further to 197.2 thousand tons in 2022 but fell to 170.2 thousand tons in 2023. The 2023 decline was linked to a national groundnut harvest of only around 800 000 tons, far below the targeted 1.7 million tons, which constrained raw material supply despite a 20% larger government budget for the agricultural campaign.

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 Senegal
  1. 5.1.1. Annual dynamics of production in Senegal in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Senegal 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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Senegal in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Senegal by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Senegal in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Senegal by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Senegal, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Senegal by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Senegal in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Senegal by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Senegal in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Senegal by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Senegal, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Senegal by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Senegal in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Senegal by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Senegal in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Senegal by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Senegal, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Senegal by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Senegal in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Senegal by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Senegal in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Senegal by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Senegal, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Senegal by countries, 2018-2024, $ US/t
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 Senegal

In kind, 2017-2020, K t

From 2017 to 2020, Senegal ranked fifth globally in the production of groundnut oil-cake.

Top producers of groundnutoil-cake, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

The market exhibited volatility during the observed period. Production reached its lowest point in 2017, then peaked in 2019, with a 1.9-fold difference between these years. In 2020, Senegal produced 169.7 thousand tonnes of groundnut oil-cake, marking a 23.5% decline from the previous year. The highest production level was recorded in 2019 at 221.7 thousand tonnes, while the largest year-on-year increase occurred in 2018, at 78.5%.

Annual dynamics of production in Senegal in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	78.5%	4.6%	(23.5%)	12.6%

Source: SHEV.io

Exports groundnutoil-cake from Senegal

Exports in kind, t

The export market showed volatility over the period. Exports peaked in 2017 and fell to their lowest point in 2020, with a 66-fold variation between these years. In 2020, Senegal exported 34 tonnes of groundnut oil-cake, a sharp decrease of 96.4% compared to 2019. The largest increase was recorded in 2019, at 76.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(76.2%)	76.8%	(96.4%)	(75.2%)

Source: SHEV.io

From 2017 to 2020, the geographical structure of exports in kind was dominated by Mali, which accounted for 81.4% of total flows. Other trading partners held relatively minor shares.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

There were noticeable fluctuations in the export market during this period. Export values reached their maximum in 2017 and dropped to a minimum in 2020, with a 50-fold shift. In 2020, Senegal exported 13.9 thousand US dollars worth of groundnut oil-cake, reflecting a sudden decline of 93.2% from 2019. The largest increase occurred in 2019, at 5.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(72.2%)	5.6%	(93.2%)	(72.8%)

Source: SHEV.io

Over the 2017–2020 period, Mali consistently represented 85.4% of total exports in value terms, indicating a high concentration on this market. The remaining share was distributed among other countries.

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

Source: SHEV.io

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

Source: SHEV.io