Latest Report Update: Jul 29, 2021

Africa - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Africa: Overview of the Market for Fish Fats And Oils 2021

Market Size for Fish Fats And Oils in Africa

The African fish fat and oil market rose significantly to $X in 2020, surging by X% against the previous year. The total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The level of consumption peaked in 2020 and is likely to continue growth in the near future.

Production of Fish Fats And Oils in Africa

In value terms, fish fat and oil production rose significantly to $X in 2020 estimated in export prices. The total production indicated resilient growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the near future.

Production By Country in Africa

The countries with the highest volumes of fish fat and oil production in 2020 were Nigeria (X tonnes), Ethiopia (X tonnes) and Democratic Republic of the Congo (X tonnes), together comprising X% of total production. These countries were followed by Mauritania, Morocco, Egypt, South Africa, Tanzania, Kenya, Sudan, Uganda, Algeria and Somalia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of fish fat and oil production, amongst the key producing countries, was attained by Mauritania, while fish fat and oil production for the other leaders experienced more modest paces of growth.

Exports of Fish Fats And Oils

Exports in Africa

Fish fat and oil exports surged to X tonnes in 2020, jumping by X% compared with the previous year's figure. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2020 and are likely to continue growth in years to come.

In value terms, fish fat and oil exports surged to $X in 2020. Overall, exports recorded buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the near future.

Exports by Country

Mauritania (X tonnes) and Morocco (X tonnes) prevails in fish fat and oil exports structure, together making up X% of total exports. It was distantly followed by South Africa (X tonnes), comprising an X% share of total exports. Gambia (X tonnes) and Mauritius (X tonnes) held a little share of total exports.

From 2007 to 2020, the biggest increases were in Mauritania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mauritania ($X), Morocco ($X) and South Africa ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Mauritania recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the fish fat and oil export price in Africa amounted to $X per tonne, rising by X% against the previous year. Export price indicated a prominent increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fish fat and oil export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the export price increased by X% against the previous year. The level of export peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mauritius ($X per tonne), while Gambia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced more modest paces of growth.

Imports of Fish Fats And Oils

Imports in Africa

In 2020, the amount of fish fats and oils imported in Africa shrank to X tonnes, falling by -X% against 2019 figures. Overall, imports, however, posted a tangible increase. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2019, and then reduced in the following year.

In value terms, fish fat and oil imports expanded sharply to $X in 2020. Total imports indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The level of import peaked in 2020 and is likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of fish fat and oil imports in 2020 were Egypt (X tonnes), Morocco (X tonnes), Mauritius (X tonnes), Ghana (X tonnes), Sudan (X tonnes), Nigeria (X tonnes) and South Africa (X tonnes), together reaching X% of total import. It was distantly followed by Tunisia (X tonnes), making up a X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Tunisia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported fish fats and oils in Africa, comprising X% of total imports. The second position in the ranking was occupied by Morocco ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Egypt totaled +X%. In the other countries, the average annual rates were as follows: Morocco (+X% per year) and Mauritius (+X% per year).

Import Prices by Country

The fish fat and oil import price in Africa stood at $X per tonne in 2020, growing by X% against the previous year. Import price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fish fat and oil import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2011 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Nigeria ($X per tonne), while Sudan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fats and oils in Africa?
+
The countries with the highest volumes of fish fat and oil consumption in 2020 were Nigeria (86K tonnes), Ethiopia (65K tonnes) and Democratic Republic of the Congo (53K tonnes), together comprising 31% of total consumption. Egypt, Tanzania, Kenya, Sudan, South Africa, Uganda, Algeria, Somalia, Mozambique and Madagascar lagged somewhat behind, together comprising a further 42%.
What are the largest producers of fish fats and oils in Africa?
+
The countries with the highest volumes of fish fat and oil production in 2020 were Nigeria (86K tonnes), Ethiopia (65K tonnes) and Democratic Republic of the Congo (53K tonnes), with a combined 27% share of total production. These countries were followed by Mauritania, Morocco, Egypt, South Africa, Tanzania, Kenya, Sudan, Uganda, Algeria and Somalia, which together accounted for a further 45%.
What are the leading suppliers of fish fats and oils in Africa?
+
In value terms, Mauritania ($113M), Morocco ($67M) and South Africa ($14M) constituted the countries with the highest levels of exports in 2020, with a combined 91% share of total exports.
What are the leading importers of fish fats and oils in Africa?
+
In value terms, Egypt ($2.9M) constitutes the largest market for imported fish fats and oils in Africa, comprising 30% of total imports. The second position in the ranking was occupied by Morocco ($1.3M), with a 13% share of total imports. It was followed by Mauritius, with a 13% share.
What is the average export price for fish fats and oils in Africa?
+
The fish fat and oil export price in Africa stood at $2,431 per tonne in 2020, with an increase of 14% against the previous year.
What is the average import price for fish fats and oils in Africa?
+
In 2020, the fish fat and oil import price in Africa amounted to $3,210 per tonne, increasing by 22% against the previous year.

Product coverage:
• Prodcom 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)

This report provides an in-depth analysis of the market for fish fat and oil in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global solid biofuels market.



Thursday, September 9th, 2021 @ 04:00 pm ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 04:00 pm ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data