Sunflower, safflower or cottonseed oil and fractions market in Angola

Earlier Report Observations

The market volume for sunflower, safflower or cottonseed oil in Angola contracted from 12.7 thousand tons in 2018 to 6.2 thousand tons in 2021. This decline was primarily driven by a sharp drop in imports, which fell from 8.5 thousand tons to 2.1 thousand tons over the same period. Government policies aimed at import substitution and strengthening the local processing industry encouraged investments in vegetable oil factories. However, domestic production remained stable at around 4.2 thousand tons annually, as many oil factories operated at only 50–70% of installed capacity due to difficulties in securing regular raw material supplies.

From 2021 to 2023, market volume rebounded sharply, reaching 12.8 thousand tons in 2023 as imports surged to 8.7 thousand tons. This recovery coincided with the inauguration of new oil processing plants, such as Rafinole in 2021 with a capacity of 400 tons per day and Refitec in 2022 capable of packaging one million liters daily. These facilities aimed to reduce import dependency by processing various oil types locally, though the increase in imports during these years indicated that domestic production could not fully meet consumption needs despite the expanded industrial base.

Production sunflower, safflower or cottonseed oil and fractions in Angola

In kind, 2017-2020, t

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

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

Angola's production of sunflower, safflower, or cottonseed oil and fractions increased for the second consecutive year. In 2019, production rose by 0.3%, reaching its highest growth rate. However, in 2020, output remained broadly stable at 4 272 tonnes, showing little change from the previous year. The lowest production level was recorded in 2018 at 4 251 tonnes, which also saw the largest decline of 0.2%.

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

Exports sunflower, safflower or cottonseed oil and fractions from Angola

Exports in kind, t

Export volumes showed significant volatility during this period. In 2017, exports hit their lowest point, while in 2019 they peaked at 47 tonnes, representing a dramatic 118-fold increase. By 2020, exports dropped sharply to 13 tonnes, a 72.8% decrease compared to 2019. The largest increase occurred in 2019, with a staggering growth of 3 993.3%.

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

From 2017 to 2020, the Democratic Republic of the Congo was the dominant destination for Angola's exports of sunflower, safflower, or cottonseed oil and fractions, accounting for 96.7% of total shipments.

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

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

Exports in value, K $ US

Export values exhibited notable volatility over the observed years. In 2017, values were at their lowest, while in 2019 they reached a peak of 38 thousand US dollars, marking a 56-fold increase. By 2020, export values fell sharply to 2 thousand US dollars, a 94.4% decline from 2019. The largest increase was recorded in 2019, with growth of 1 423.9%.

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

Between 2017 and 2020, the Democratic Republic of the Congo accounted for 81.8% of Angola's total export value for sunflower, safflower, or cottonseed oil and fractions, with the remainder distributed among various smaller countries.

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

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

Imports sunflower, safflower or cottonseed oil and fractions to Angola

Imports in kind, t

Import volumes were characterized by volatility during these years. In 2017, imports were at their lowest, while in 2018 they peaked at 8 452 tonnes, showing a 6-fold amplitude. By 2020, imports declined to 3 617 tonnes, a 26.5% drop from 2019. The largest increase occurred in 2018, with growth of 501.9%, while the largest decline was in 2019, at 41.8%.

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

From 2017 to 2020, Portugal, Ukraine, and South Africa were the top suppliers of sunflower, safflower, or cottonseed oil and fractions to Angola in volume terms. Portugal accounted for 29.8% of imports, Ukraine for 22.1%, and South Africa for 12.2%, together making up 64.1% of total imports.

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

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

Imports in value, K $ US

Import values displayed considerable volatility. In 2017, values were at their lowest, while in 2018 they reached a high of 15 016 thousand US dollars, representing a 6.3-fold fluctuation. By 2020, import values fell to 4 362 thousand US dollars, a sharp 32.3% decrease from the previous year. The largest increase was in 2018, with growth of 527.1%, and the largest decline was in 2019, at 57.1%.

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

Throughout 2017 to 2020, Portugal, Ukraine, and Turkey were the key markets for Angola's imports in value terms, collectively accounting for 66.6% of total flows.

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

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