Sunflower or safflower oil and fractions market in Zambia

Earlier Report Observations

The market volume for sunflower or safflower oil and fractions in Zambia contracted from over 17 000 t in 2018 to just above 15 000 t by 2020. A sharp recovery followed in 2021, lifting consumption to nearly 24 000 t, after which the market stabilized in 2022 before reaching 26 072 t in 2023.

Agricultural production faced a nationwide drought during the 2023/2024 farming season, creating headwinds for oilseed crops. Meanwhile, the government's Farmer Input Support Programme remained active, providing seeds and fertilizers to small-scale farmers to support production capacity.

Production sunflower or safflower oil and fractions in Zambia

In kind, 2017-2020, t

Top producers of sunflower or safflower oil and fractions, 2017-2020

World map of production of sunflower or safflower oil and fractions, 2017-2020

Zambia's production of sunflower or safflower oil and fractions increased after two years of contraction. In 2020, the country produced 15 300 tonnes, marking a gradual 7.0% increase from the previous year. However, looking at the period from 2017 to 2020, overall production decreased by 18.2%, with a compound annual growth rate of -6.5%. The lowest production volume was recorded in 2019 at 14 300 tonnes, which also saw the largest decline of 12.8%.

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

In value, 2017-2020, K $ US

After a two-year decline, sunflower or safflower oil and fractions production in Zambia increased in value. In 2020, the output was valued at 16 376 thousand US dollars, showing a strong 14.1% rise from 2019. Over the 2017-2020 period, however, production value decreased by 14.4%, equivalent to an annualized rate of -5.0%. The minimum value was recorded in 2019 at 14 350 thousand US dollars, which experienced the largest decline of 22.7%.

Annual dynamics of production in Zambia in value, 2017-2020, K $ US

Exports sunflower or safflower oil and fractions from Zambia

Exports in kind, t

The export market for sunflower or safflower oil and fractions from Zambia showed an unstable trend during this period. From 2017 to 2019, exports fluctuated significantly, with a peak-to-trough amplitude of 3.1 times. In 2020, Zambia's export volume reached 1 955 tonnes, representing a steep 35.4% drop compared to the previous year. The maximum volume was recorded in 2019 at 3 027 tonnes, which also saw the largest increase of 108.4%.

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

From 2017 to 2020, the Democratic Republic of the Congo was the primary destination for Zambia's sunflower or safflower oil and fractions exports, accounting for 99.2% of total export flows in volume terms.

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

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

Exports in value, K $ US

There were noticeable fluctuations in the export market's performance during this period. Exports peaked in 2019 and hit their lowest point in 2017, with a 3.1-fold difference between these years. In 2020, Zambia's exports of sunflower or safflower oil and fractions were valued at 2 092 thousand US dollars, reflecting a steep 31.1% contraction compared to 2019. The maximum value was recorded in 2019 at 3 038 thousand US dollars, which also experienced the largest increase of 84.6%.

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

Between 2017 and 2020, sunflower or safflower oil and fractions from Zambia were primarily exported to the Democratic Republic of the Congo, which absorbed 99.2% of total exports in value terms.

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

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

Imports sunflower or safflower oil and fractions to Zambia

Imports in kind, t

The import market for sunflower or safflower oil and fractions in Zambia exhibited an unstable trend throughout the timeframe. Imports reached their minimum in 2020 and peaked in 2019, with a top-to-bottom ratio of 2.9 times. In 2020, Zambia imported 1 867 tonnes of sunflower or safflower oil and fractions, constituting an intense 65.9% drop compared to 2019. The maximum volume was recorded in 2019 at 5 424 tonnes, which also saw the largest increase of 124.1%.

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

Throughout 2017-2020, South Africa dominated Zambia's import partner structure for sunflower or safflower oil and fractions in volume terms, with a share of 81.3% of total flows. Other markets had comparatively modest shares.

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

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

Imports in value, K $ US

The import market showed an unstable trend during this period. Imports hit their lowest point in 2020 and peaked in 2019, with a 2.9-fold difference. In 2020, Zambia's imports of sunflower or safflower oil and fractions were recorded at 1 875 thousand US dollars, down by 65.9% versus the previous year. The maximum value was recorded in 2019 at 5 501 thousand US dollars, which also experienced the largest increase of 159.7%.

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

Over the 2017-2020 period, South Africa was the dominant supplier of sunflower or safflower oil and fractions to Zambia, accounting for 79.9% of total imports in value terms. Other countries shared the remaining volume.

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

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