Market research

Palm oil and fractions market in Gambia

$Palm oil and fractions market in Gambia$

Release date: Mar 28, 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 palm oil market in Gambia contracted from 6,739 metric tons in 2018 to 4,220 metric tons in 2021, driven by a sustained annual decrease in consumer demand of 5% since 2017. This decline in consumption led to a sharp fall in imports, which dropped from 2,539 tons to just 48 tons over the same period, while domestic production remained steady at around 4,150 tons.

Market volume began to recover after 2021, reaching 5,109 tons in 2023 as imports rebounded to 947 tons. By 2024, imports surged to 3,619 tons, influenced by global supply tightness in Indonesia due to adverse weather and high input costs, which affected availability and prices worldwide. The European Union's Deforestation Regulation introduced new compliance requirements for palm oil imports, potentially shaping future trade flows.

Gambia's import sources diversified in 2023, with palm oil arriving from Indonesia, Guinea, Sierra Leone, Liberia, and Ghana. Imports accounted for 2.3% of the country's total import value, highlighting the product's significance in the national economy.

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 Gambia
  1. 5.1.1. Annual dynamics of production in Gambia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Gambia 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 Gambia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Gambia 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 Gambia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Gambia 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 Gambia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Gambia 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 Gambia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Gambia 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 Gambia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Gambia 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 Gambia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Gambia 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 Gambia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Gambia 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 Gambia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Gambia 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 Gambia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Gambia 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 Gambia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Gambia 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 Gambia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Gambia 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 Gambia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Gambia 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 oil and fractions in Gambia

In kind, 2017-2020, t

Top producers of palm oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

In 2019, Gambia produced 4,150 tonnes of palm oil and fractions, which was the lowest level recorded during this period. Production then increased slightly in 2020 to 4,151 tonnes, showing minimal change from the previous year. The most significant production decline occurred in 2019 at 1.2%, while 2018 saw essentially no change with a 0.0% increase.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	(1.2%)	0.0%	(0.4%)

Source: SHEV.io

Exports palm oil and fractions from Gambia

Exports in kind, t

Gambia's palm oil and fractions exports reached 12 tonnes in 2020, representing a sharp decline of 28.7% compared to 2019. Over the 2017-2020 period, exports decreased by 10.2%, with a compound annual growth rate of -3.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(28.7%)	(3.5%)

Source: SHEV.io

From 2017 through 2020, Gambia's palm oil and fractions exports were almost exclusively directed to the United States, which accounted for 100% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Export values showed considerable volatility throughout the period. In 2019, exports reached their highest point, then dropped significantly in 2020 to just 1,700 US dollars, representing a 75.4% decrease from the previous year. The difference between the 2019 peak and 2020 low was substantial, with a 4.1-fold variation.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(75.4%)	(11.8%)

Source: SHEV.io

During 2017-2020, the United States was virtually the sole destination for Gambia's palm oil and fractions exports, purchasing 100% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports palm oil and fractions to Gambia

Imports in kind, t

Import volumes displayed significant volatility during this period. In 2018, imports peaked at 2,539 tonnes, then declined sharply to 281 tonnes in 2020, representing a 59.9% decrease from 2019. The difference between the 2018 maximum and 2020 minimum was substantial, with a 9-fold variation. The most significant decline occurred in 2019 at 72.4%, while 2018 saw the largest increase at 20.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	20.5%	(72.4%)	(59.9%)	(48.9%)

Source: SHEV.io

From 2017 to 2020, Guinea dominated Gambia's palm oil and fractions imports, accounting for 84.1% of total import volumes. The remaining imports were distributed among numerous other countries, each with relatively small individual shares.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Import values exhibited considerable volatility throughout the observed period. In 2018, imports reached their peak at 320,900 US dollars, then dropped to 33,900 US dollars in 2020, representing a 61.7% decrease from 2019. The difference between the 2018 high and 2020 low was substantial, with a 9.5-fold gap. The most significant decline occurred in 2019 at 72.4%, while 2018 saw the largest increase at 30.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	30.4%	(72.4%)	(61.7%)	(48.3%)

Source: SHEV.io

Throughout 2017-2020, Guinea accounted for 81.2% of Gambia's total palm oil and fractions import value. The remaining imports were distributed among multiple other countries, each with relatively small individual shares.

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

Source: SHEV.io

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

Source: SHEV.io