Market research

Soybean oil and fractions market in Zambia

$Soybean oil and fractions market in Zambia$

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 soybean oil market in Zambia expanded substantially over the 2018–2023 period. Starting from 55 363 metric tons in 2018, market volume increased to 68 409 metric tons in 2019 and further to 85 151 metric tons in 2020.

After a dip to 78 745 metric tons in 2021, the market rebounded sharply to 98 485 metric tons in 2022, the highest level in the period, before easing to 91 272 metric tons in 2023.

Overall, the market volume in 2023 was 65% higher than in 2018, reflecting strong underlying demand despite year-to-year fluctuations.

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 Zambia
  1. 5.1.1. Annual dynamics of production in Zambia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Zambia 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. 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 Zambia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Zambia 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, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Zambia in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Zambia by countries, 2018-2024, M $ 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 Zambia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Zambia 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 Zambia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Zambia 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, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Zambia in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Zambia by countries, 2018-2024, M $ 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 Zambia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Zambia 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 Zambia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Zambia 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, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Zambia in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Zambia by countries, 2018-2024, M $ 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 Zambia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Zambia 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 Zambia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Zambia 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, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Zambia in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Zambia by countries, 2018-2024, M $ 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 Zambia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Zambia 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, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ 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 Zambia

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

In 2020, Zambia produced 41 900 tonnes of soybean oil and fractions, marking a 7.2% increase from the previous year. Between 2017 and 2020, production grew by 16.4%, which translates to an average annual growth rate of 5.2%. The largest decline occurred in 2019, with a 2.0% drop, while the most significant increase was recorded in 2018 at 10.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.8%	(2.0%)	7.2%	5.2%

Source: SHEV.io

Exports soybean oil and fractions from Zambia

Exports in kind, t

Zambia's cross-border shipments of soybean oil and fractions increased for the second consecutive year. In 2020, exports reached 1 947 tonnes, reflecting a sharp year-on-year advance of 62.7%. Between 2017 and 2020, exports rose by 37.9%, equating to an annualized growth rate of 11.3%. The lowest export volume was recorded in 2018 at 962 tonnes, which also saw the largest decline of 31.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(31.9%)	24.4%	62.7%	11.3%

Source: SHEV.io

From 2017 to 2020, the Democratic Republic of the Congo and Zimbabwe were the leading destinations for Zambia's soybean oil and fractions exports, together accounting for 98.5% of total flows. The remaining share was distributed among other countries.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The market showed signs of volatility over the observed period. Zambia's soybean oil and fractions exports reached their lowest point in 2017 and peaked in 2020, with a 1.7-fold variation between these years. In 2020, exports amounted to 1 892 thousand US dollars, reflecting a 71.4% increase compared to the previous year. The largest decline was recorded in 2019 at 14.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.8%	(14.3%)	71.4%	19.7%

Source: SHEV.io

Between 2017 and 2020, the Democratic Republic of the Congo dominated Zambia's soybean oil and fractions exports in value terms, capturing 74.8% of total flows. Other countries collectively accounted for the remaining share.

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

Source: SHEV.io

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

Source: SHEV.io

Imports soybean oil and fractions to Zambia

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. The lowest import volume occurred in 2018, while the highest was reached in 2020, with a peak-to-trough ratio of 2.8 times. In 2020, Zambia imported 45 198 tonnes of soybean oil and fractions, showing a 48.2% year-on-year increase. The minimum value was recorded in 2018 at 16 425 tonnes, which also saw the largest decline of 8.9%. The largest increase was recorded in 2019 at 85.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.9%)	85.7%	48.2%	35.8%

Source: SHEV.io

From 2017 to 2020, South Africa was the key supplier of soybean oil and fractions to Zambia, accounting for 78.0% of total imports in kind. A diversified group of other countries made up the remainder.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Zambia's soybean oil and fractions imports increased for the second consecutive year. In 2020, imports totalled 35 881 thousand US dollars, equivalent to an abrupt improvement of 56.6% compared to 2019. Over the period from 2017 to 2020, imports grew by 131.5%, with a compound annual growth rate of 32.3%. The minimum value was recorded in 2018 at 14 217 thousand US dollars, which also saw the largest decline of 8.3%. The largest increase was recorded in 2019 at 61.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.3%)	61.2%	56.6%	32.3%

Source: SHEV.io

Between 2017 and 2020, South Africa was the key supplier of soybean oil and fractions to Zambia in value terms, taking 78.2% of total imports. A diversified group of other countries accounted for the remainder.

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

Source: SHEV.io

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

Source: SHEV.io