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Africa - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Vegetable Oils Market Overview 2021

Vegetable Oils Market Size in Africa

The African vegetable oils market shrank to $X in 2019, falling by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Vegetable Oils Production in Africa

In value terms, vegetable oils production reduced to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Production By Country in Africa

The countries with the highest volumes of vegetable oils production in 2019 were Nigeria (X tonnes), Democratic Republic of the Congo (X tonnes) and Ethiopia (X tonnes), with a combined X% share of total production. These countries were followed by South Africa, Uganda, Kenya, Egypt, Tanzania, Sudan, Tunisia, Angola, Somalia and Ghana, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of vegetable oils production, amongst the key producing countries, was attained by Somalia, while vegetable oils production for the other leaders experienced more modest paces of growth.

Vegetable Oils Exports

Exports in Africa

In 2019, shipments abroad of vegetable fats and oils increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in years to come.

In value terms, vegetable oils exports declined to $X in 2019. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, Uganda (X tonnes), Tunisia (X tonnes), South Africa (X tonnes), Rwanda (X tonnes), Zambia (X tonnes), Kenya (X tonnes) and Egypt (X tonnes) represented the main exporter of vegetable fats and oils in Africa, achieving X% of total export.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Zambia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable oils supplying countries in Africa were Uganda ($X), Tunisia ($X) and South Africa ($X), together accounting for X% of total exports. These countries were followed by Rwanda, Zambia, Kenya and Egypt, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The vegetable oils export price in Africa stood at $X per tonne in 2019, falling by -X% against the previous year. Overall, the export price showed a slight curtailment. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Zambia ($X per tonne), while Kenya ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Uganda, while the other leaders experienced a decline in the export price figures.

Vegetable Oils Imports

Imports in Africa

In 2019, after seven years of decline, there was significant growth in supplies from abroad of vegetable fats and oils, when their volume increased by X% to X tonnes. Total imports indicated mild growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, vegetable oils imports dropped to $X in 2019. Overall, imports enjoyed modest growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Algeria (X tonnes), distantly followed by Egypt (X tonnes), Morocco (X tonnes), Ethiopia (X tonnes), Rwanda (X tonnes), Democratic Republic of the Congo (X tonnes), Tanzania (X tonnes) and Senegal (X tonnes) were the main importers of vegetable fats and oils, together committing X% of total imports. The following importers - Nigeria (X tonnes), South Africa (X tonnes), Zimbabwe (X tonnes) and Zambia (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in Zimbabwe, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable oils importing markets in Africa were Algeria ($X), Ethiopia ($X) and Egypt ($X), together accounting for X% of total imports. Morocco, Rwanda, Democratic Republic of the Congo, South Africa, Senegal, Tanzania, Zimbabwe, Nigeria and Zambia lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The vegetable oils import price in Africa stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2018, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Ethiopia ($X per tonne), while Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ethiopia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable fats and oils in Africa?
+
The countries with the highest volumes of vegetable oils consumption in 2019 were Nigeria (181K tonnes), Ethiopia (121K tonnes) and Democratic Republic of the Congo (116K tonnes), together accounting for 26% of total consumption.
What are the largest producers of vegetable fats and oils in Africa?
+
The countries with the highest volumes of vegetable oils production in 2019 were Nigeria (170K tonnes), Democratic Republic of the Congo (97K tonnes) and Ethiopia (96K tonnes), together accounting for 27% of total production. South Africa, Uganda, Kenya, Egypt, Tanzania, Sudan, Tunisia, Angola, Somalia and Ghana lagged somewhat behind, together accounting for a further 39%.
What are the leading suppliers of vegetable fats and oils in Africa?
+
In value terms, Uganda ($16M), Tunisia ($11M) and South Africa ($11M) constituted the countries with the highest levels of exports in 2019, together comprising 51% of total exports. These countries were followed by Rwanda, Zambia, Kenya and Egypt, which together accounted for a further 41%.
What are the leading importers of vegetable fats and oils in Africa?
+
In value terms, Algeria ($67M), Ethiopia ($56M) and Egypt ($54M) were the countries with the highest levels of imports in 2019, with a combined 52% share of total imports. Morocco, Rwanda, Democratic Republic of the Congo, South Africa, Senegal, Tanzania, Zimbabwe, Nigeria and Zambia lagged somewhat behind, together comprising a further 40%.
What is the average export price for vegetable fats and oils in Africa?
+
The vegetable oils export price in Africa stood at $1,008 per tonne in 2019, which is down by -8.2% against the previous year.
What is the average import price for vegetable fats and oils in Africa?
+
In 2019, the vegetable oils import price in Africa amounted to $1,043 per tonne, dropping by -20.2% against the previous year.

Product coverage:
• Prodcom 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the vegetable oils market 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

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