Market research

Palm-kernel oilcake 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

From 2018 to 2023, Senegal's palm-kernel oilcake market volume showed considerable shifts, starting at 4 368 tons in 2018 before dipping to 3 933 tons in 2019. A sharp increase to 6 205 tons occurred in 2020, with the market peaking at 9 750 tons in 2021. This growth was entirely driven by the initiation and subsequent rise of imports, as domestic production held steady around 3 933 tons. The following two years saw a reduction in market size to 8 388 tons in 2022 and 7 179 tons in 2023, corresponding to a decline in import volumes.

The market operated within a framework shaped by long-standing policies, including the liberalization of peanut product imports and exports initiated in 1998 and a specific tax on fats enacted in 2002. More direct influences emerged in 2021 with a law capping prices for refined palm oil, tightening price regulation across the edible oils sector. In 2022, government support for the poultry industry via the removal of VAT on inputs like oilcake aimed to stimulate demand for oilseed meals.

A significant drop in domestic peanut output to around 800 000 tons in 2023 affected the availability of peanut cake, potentially altering demand dynamics for all oilseed meals. Policy responses included increased public funding for the agricultural campaign and the introduction of a double taxation scheme to bolster national peanut oil production. Into 2024, further measures such as fixed maximum prices for palm oil in Dakar and guaranteed floor prices for peanut procurement continued to define the market environment.

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, 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, 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 Senegal in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Senegal 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 Senegal in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Senegal 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Senegal, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Senegal by countries, 2018-2024, $ US/t
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 Senegal in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Senegal 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 Senegal in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Senegal 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Senegal, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Senegal by countries, 2018-2024, $ US/t
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 Senegal in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Senegal 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 Senegal in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Senegal 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Senegal, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Senegal by countries, 2018-2024, $ US/t
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 Senegal in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Senegal 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 Senegal in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Senegal 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Senegal, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from 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 palm-kernel oilcake in Senegal

In kind, 2017-2020, t

Senegal was among the world's leading producers of palm-kernel oilcake from 2017 to 2020, ranking 28th globally by production volume.

Top producers of palm-kernel oilcake, 2017-2020

Source: SHEV.io

World map of production of palm-kernel oilcake, 2017-2020

Source: SHEV.io

In 2020, Senegal produced 3 933 tonnes of palm-kernel oilcake, maintaining the same level as in 2019. Over the 2017-2020 period, production declined by 7.8%, which translates to an average annual decrease of 2.7%. Production peaked in 2018 at 4 368 tonnes, with the largest year-on-year increase of 2.4% occurring that same year. The most significant drop was recorded in 2019, when production fell by 10.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	(10.0%)	(0.0%)	(2.7%)

Source: SHEV.io

Exports palm-kernel oilcake from Senegal

Exports in kind, t

Annual dynamics of product's exports from Senegal 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, Guinea-Bissau was the primary and nearly exclusive market for Senegal's palm-kernel oilcake exports in kind, representing 100.0% of total shipments.

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

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

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

Source: SHEV.io

Throughout the 2017-2020 period, Guinea-Bissau dominated Senegal's palm-kernel oilcake exports in value terms, consistently 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 Senegal in value, 2017-2020

Source: SHEV.io

Imports palm-kernel oilcake to Senegal

Imports in kind, t

Senegal imported 2 289 tonnes of palm-kernel oilcake in 2020, showing little change from the 2019 level. Between 2017 and 2020, imports surged by 1 044.4%, with a compound annual growth rate of 125.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	125.4%

Source: SHEV.io

From 2017 to 2020, Senegal's imports of palm-kernel oilcake in kind were highly concentrated, with Côte d'Ivoire alone supplying 100.0% of total shipments.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2020, Senegal's palm-kernel oilcake imports were valued at 426.1 thousand US dollars, remaining broadly stable compared to 2019. Over the 2017-2020 period, import value increased by 1 427.8%, with a compound annual growth rate of 148.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	148.1%

Source: SHEV.io

Between 2017 and 2020, palm-kernel oilcake imports to Senegal came almost exclusively from Côte d'Ivoire, which accounted for 100.0% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io