Market research

Soybean oil and fractions market in Gabon

$Soybean oil and fractions market in Gabon$

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

From 2018 to 2023, Gabon's soybean oil market displayed considerable volatility. Consumption peaked at 1 087 tons in 2019, then fell for two consecutive years to 925 tons in 2021. A strong rebound followed in 2022, lifting the market to 1 079 tons, before another decline brought it down to 842 tons in 2023.

The rise in 2022 aligned with a period of broader economic growth fueled by high commodity prices, which supported demand for vegetable oils. Meanwhile, domestic production of soybean oil gradually decreased over the period, with imports playing a larger role in supplying the market, especially during high-demand years.

In 2023, the market contraction took place alongside significant sector developments, including the inauguration of the first dedicated soy farming campaign in Woleu-Ntem province and a three-month suspension of duties and taxes on certain price-capped goods. These steps aimed at strengthening local agriculture and reducing costs, though their immediate effect on total market volume was limited.

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 Gabon
  1. 5.1.1. Annual dynamics of production in Gabon in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Gabon 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 Gabon in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Gabon 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 Gabon in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Gabon 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Gabon, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Gabon 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 Gabon in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Gabon 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 Gabon in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Gabon 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Gabon, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Gabon 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 Gabon in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Gabon 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 Gabon in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Gabon 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Gabon, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Gabon 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 Gabon in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Gabon 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 Gabon in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Gabon 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Gabon, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Gabon 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, 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 soybean oil and fractions in Gabon

In kind, 2017-2020, t

Top producers of soybean oil and fractions, 2017-2020

Source: SHEV.io

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

Source: SHEV.io

Gabon's production of soybean oil and fractions increased after two consecutive years of decline. In 2020, the country produced 940 tonnes, marking a modest 3.0% rise from the previous year. Over the 2017-2020 period, overall production fell by 16.7%, with a compound annual growth rate of -5.9%. The lowest output was recorded in 2019 at 912 tonnes, while the sharpest decline occurred in 2018, dropping by 12.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(12.0%)	(8.1%)	3.0%	(5.9%)

Source: SHEV.io

Exports soybean oil and fractions from Gabon

Exports in kind, t

Annual dynamics of product's exports from Gabon 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, Cameroon was the sole destination for Gabon's exports of soybean oil and fractions in kind, accounting for 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 Gabon in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Gabon 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

During the 2017-2020 period, Gabon's export market in value terms was highly concentrated, with Cameroon responsible for 100.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports soybean oil and fractions to Gabon

Imports in kind, t

Import volumes showed significant volatility over these years. The lowest point was in 2017, followed by a peak in 2019, with a 142-fold difference between these two years. In 2020, Gabon imported 9.0 tonnes of soybean oil and fractions, representing a sharp 94.9% decrease from 2019. The highest import volume was recorded in 2019 at 175.0 tonnes, while the largest year-on-year increase occurred in 2018, surging by 1 335.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1 335.9%	890.0%	(94.9%)	93.9%

Source: SHEV.io

Between 2017 and 2020, imports of soybean oil and fractions to Gabon were overwhelmingly concentrated in Belgium, which accounted for 94.0% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Market performance exhibited notable fluctuations during this period. The lowest value was recorded in 2017, with a peak in 2019, showing a 72-fold variation. In 2020, Gabon's imports of soybean oil and fractions totaled 7.7 thousand US dollars, reflecting a substantial 96.0% reduction from the previous year. The maximum value was reached in 2019 at 194.1 thousand US dollars, and the largest increase occurred in 2019, rising by 819.4%.

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