Between 2021 and 2022 the exports of Ground Nut Oil grew by 9.46%, from $718M to $786M. Trade in Ground Nut Oil represent 0.0033% of total world trade. Ground Nut Oil are a part of Animal or vegetable fats, oils, & waxes. They include Ground-nut oil, crude and Refined ground-nut oil not chemically modified.
What happened to groundnut oil in Africa?
Groundnut oil processing in Africa was greatly affected by1970’s groundnuts growth decline due to health concerns of high aflatoxin levels contained in the groundnuts said to cause cancer. Since then Africa has not been producing enough grounds for sustaining the local demand or exporting.
What is groundnut oil processing in Africa?
Groundnut oil processing mainly involves seed preparation, oil pressing and refining. The machinery used in the groundnut oil processing in Africa comprises of the dehulling machine or decorticator, cleaning machine, cooking machine, oil expeller, oil filter press and oil refining machine.
What is the most traded ground nut oil in 2022?
In 2022, the world most traded Ground Nut Oil, disaggragated by their HS6 level were Ground-nut oil, crude ($645M) and Refined ground-nut oil not chemically modified ($141M) This visualization shows the countries that have an important ratio of their trade related to Ground Nut Oil.