| Product Code: ETC6409888 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Benin vegetable oil market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -98.49%. The compound annual growth rate (CAGR) for the period of 2020 to 2024 stood at -17.27%. This sharp decrease could be attributed to factors such as shifts in consumer preferences or changes in trade policies impacting import volumes.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Vegetable Oil Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Vegetable Oil Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Vegetable Oil Market - Industry Life Cycle |
3.4 Benin Vegetable Oil Market - Porter's Five Forces |
3.5 Benin Vegetable Oil Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Benin Vegetable Oil Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Benin Vegetable Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of vegetable oil |
4.2.2 Growing demand for natural and organic food products |
4.2.3 Expansion of retail chains and e-commerce platforms in Benin |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as soybeans, palm oil, and sunflower seeds |
4.3.2 Competition from other cooking oils such as palm oil and coconut oil |
4.3.3 Lack of proper infrastructure for storage and distribution of vegetable oil in rural areas |
5 Benin Vegetable Oil Market Trends |
6 Benin Vegetable Oil Market, By Types |
6.1 Benin Vegetable Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Vegetable Oil Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Benin Vegetable Oil Market Revenues & Volume, By Sunflower Oil, 2022-2032F |
6.1.4 Benin Vegetable Oil Market Revenues & Volume, By Rapeseed (Canola) Oil, 2022-2032F |
6.1.5 Benin Vegetable Oil Market Revenues & Volume, By Soybean Oil, 2022-2032F |
6.2 Benin Vegetable Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Vegetable Oil Market Revenues & Volume, By Food, 2022-2032F |
6.2.3 Benin Vegetable Oil Market Revenues & Volume, By Feed, 2022-2032F |
6.2.4 Benin Vegetable Oil Market Revenues & Volume, By Industrial, 2022-2032F |
7 Benin Vegetable Oil Market Import-Export Trade Statistics |
7.1 Benin Vegetable Oil Market Export to Major Countries |
7.2 Benin Vegetable Oil Market Imports from Major Countries |
8 Benin Vegetable Oil Market Key Performance Indicators |
8.1 Number of new product launches in the vegetable oil market |
8.2 Consumer surveys indicating preference for vegetable oil over other cooking oils |
8.3 Growth in per capita consumption of vegetable oil in Benin |
9 Benin Vegetable Oil Market - Opportunity Assessment |
9.1 Benin Vegetable Oil Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Benin Vegetable Oil Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Benin Vegetable Oil Market - Competitive Landscape |
10.1 Benin Vegetable Oil Market Revenue Share, By Companies, 2025 |
10.2 Benin Vegetable Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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