Market research

Palm kernel or babassu oil and fractions market in Sub-Saharan Africa

$Palm kernel or babassu oil and fractions market in Sub-Saharan Africa$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Sub-Saharan Africa" region includes following countries:

Cabo Verde

Benin

Gambia

Ghana

Guinea

Côte d'Ivoire

Liberia

Mali

Mauritania

Niger

Nigeria

Guinea-Bissau

Saint Helena, Ascension and Tristan da Cunha

Senegal

Sierra Leone

Togo

Burkina Faso

British Indian Ocean Territory

Burundi

Comoros

Mayotte

Ethiopia

Eritrea

French Southern Territories

Djibouti

Kenya

Madagascar

Malawi

Mauritius

Mozambique

Reunion

Rwanda

Seychelles

Somalia

Zimbabwe

South Sudan

Uganda

Tanzania

Zambia

Angola

Cameroon

Central African Republic

Chad

Congo

Democratic Republic of the Congo

Equatorial Guinea

Gabon

Sao Tome and Principe

Botswana

Lesotho

Namibia

South Africa

Eswatini

Earlier Report Observations

The market for palm kernel or babassu oil in Sub-Saharan Africa grew from 385 thousand tons in 2018 to 460 thousand tons in 2023. This expansion was steady, with the market adding over 20 thousand tons annually after 2020, following more modest gains in the preceding years.

Domestic production served as the main contributor to market growth, increasing from 348 thousand tons to 437 thousand tons over the period. Output rose each year, with significant jumps of 32 thousand tons in 2021 and 22 thousand tons in 2022.

International trade flows influenced the market's trajectory. Imports generally declined from 69 thousand tons to 58 thousand tons, though they fell sharply to 44 thousand tons in 2022. Exports dropped to a low of 20 thousand tons in 2020 before stabilizing near 35-36 thousand tons, which tempered the net outflow of supply and supported domestic availability.

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 Sub-Saharan Africa
  1. 5.1.1. Annual dynamics of production in Sub-Saharan Africa in kind, 2018-2023, K t
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 Cabo Verde in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Cabo Verde 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 Cabo Verde in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Cabo Verde 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 Cabo Verde in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cabo Verde 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 Cabo Verde, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Cabo Verde 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 or babassu oil and fractions in Sub-Saharan Africa

In kind, 2017-2020, K t

Top producers of palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

World map of production of palm kernel or babassu oil and fractions, 2017-2020

Source: SHEV.io

Sub-Saharan Africa's production of palm kernel or babassu oil and fractions has increased for the third year in a row. In 2020, the region produced 371.5 thousand tonnes, marking a slight uptick of 1.1% compared to 2019. Looking at the period from 2017 to 2020, production grew by 10.3%, with an average annual growth rate of 3.3%.

Annual dynamics of production in Sub-Saharan Africa in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.3%	5.7%	1.1%	3.3%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the output of palm kernel or babassu oil and fractions in Sub-Saharan Africa was valued at 295.8 million US dollars, reflecting a slight decline of 0.8% from the previous year. Over the 2017-2020 period, production value decreased by 24.5%, with an average annual decline of 8.9%. The lowest value was recorded in 2018 at 292.4 million US dollars. The largest drop occurred in 2018, with a 25.4% decrease, while the biggest increase was in 2019, at 2.0%.

Annual dynamics of production in Sub-Saharan Africa in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.4%)	2.0%	(0.8%)	(8.9%)

Source: SHEV.io

Exports palm kernel or babassu oil and fractions from Sub-Saharan Africa

Exports in kind, t

Export volumes of palm kernel or babassu oil and fractions from Sub-Saharan Africa have declined for the second consecutive year. In 2020, exports totaled 20 372 tonnes, down by 12.9% compared to 2019. Over the 2017-2020 period, exports decreased by 22%, with an average annual decline of 8.0%. The peak was in 2018 at 32 823 tonnes. The largest decline occurred in 2019, with a 28.8% drop, while the biggest increase was in 2018, at 25.6%.

Annual dynamics of product's exports from Sub-Saharan Africa in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.6%	(28.8%)	(12.9%)	(8.0%)

Source: SHEV.io

From 2017 to 2020, the Netherlands, Italy, and Spain were consistently the main destinations for exports in kind, accounting for 32.3%, 17.1%, and 9.5% of total flows, respectively. Together, these three countries represented 58.9% of all exports.

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

Source: SHEV.io

World map of product's exports from Sub-Saharan Africa in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Cross-border shipments of palm kernel or babassu oil and fractions from Sub-Saharan Africa have declined for the third year in a row. In 2020, exports were valued at 16 221 thousand US dollars, which is 14.4% lower than in 2019. Between 2017 and 2020, exports decreased by 46.6%, equating to an average annual decline of 18.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.3%)	(31.3%)	(14.4%)	(18.9%)

Source: SHEV.io

From 2017 to 2020, the Netherlands, Italy, and Spain remained the primary destinations for exports in value terms, accounting for 37.1%, 15.1%, and 9.7% of total flows, respectively. Combined, these three countries made up 61.9% of all export value.

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

Source: SHEV.io

World map of product's exports from Sub-Saharan Africa in value, 2017-2020

Source: SHEV.io

Imports palm kernel or babassu oil and fractions to Sub-Saharan Africa

Imports in kind, t

Imports of palm kernel or babassu oil and fractions into Sub-Saharan Africa have declined for the second consecutive year. In 2020, imports amounted to 57 290 tonnes, representing a limited loss of 6.9% compared to 2019. Over the 2017-2020 period, imports increased by 3.2%, with an average annual growth rate of 1.1%. The highest volume was recorded in 2018 at 69 447 tonnes. The largest decline occurred in 2019, with an 11.4% drop, while the biggest increase was in 2018, at 25.1%.

Annual dynamics of product's imports to Sub-Saharan Africa in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.1%	(11.4%)	(6.9%)	1.1%

Source: SHEV.io

From 2017 to 2020, Indonesia and Malaysia were the two leading sources for imports in kind, together accounting for 92.8% of total palm kernel or babassu oil and fractions imported into Sub-Saharan Africa.

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

Source: SHEV.io

World map of product's imports to Sub-Saharan Africa in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year decline, imports of palm kernel or babassu oil and fractions into Sub-Saharan Africa increased in 2020. Imports amounted to 46 802 thousand US dollars, equivalent to a slight rise of 2.8% compared to 2019. Between 2017 and 2020, imports decreased by 34.6%, with an average annual decline of 13.2%. The lowest value was recorded in 2019 at 45 508 thousand US dollars. The largest decline occurred in 2019, with a 30.1% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.0%)	(30.1%)	2.8%	(13.2%)

Source: SHEV.io

Over the 2017-2020 period, Indonesia consistently accounted for 70.9% of total imports in value terms, indicating a high concentration on this market, while the remaining share was distributed among other countries.

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

Source: SHEV.io

World map of product's imports to Sub-Saharan Africa in value, 2017-2020

Source: SHEV.io