| Product Code: ETC5668852 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s process oil import market in 2024 saw a significant growth rate of 127.91% compared to the previous year. The top exporting countries to Burkina Faso in 2024 were Côte d`Ivoire, India, Nigeria, Belgium, and Malaysia, indicating a diverse source of imports. The high Herfindahl-Hirschman Index (HHI) concentration suggests a competitive market with a few dominant players. With a remarkable compound annual growth rate (CAGR) of 46.92% from 2020 to 2024, the process oil import sector in Burkina Faso is demonstrating strong growth and potential opportunities for market players.

The process oil market in Burkina Faso deals with oils used in industrial processes, including lubricants, hydraulic fluids, and carrier oils. These oils are essential for various applications, such as enhancing the performance of machinery and improving the quality of finished products. The market is influenced by the demand for high-performance process oils in manufacturing and industrial applications, as well as the need for efficient and reliable lubrication solutions.
The process oil market in Burkina Faso is influenced by the demand for oils used in various industrial applications, including rubber processing, lubricants, and additives. Process oils enhance the performance and properties of products and are essential for many manufacturing processes. The growth of the industrial and automotive sectors supports the market for process oils.
The process oil market in Burkina Faso struggles with high import costs and limited local production capabilities. Process oils, used in various industrial applications, are costly to import. The absence of local production facilities further restricts market growth and affects the availability of these essential materials.
Government policies in Burkina Fasos process oil market support advancements in the chemical and industrial sectors. The government offers incentives for the production and use of process oils, which are used in various applications including manufacturing and processing. Policies aim to enhance local manufacturing capabilities and support technological innovations in process oil technologies.
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 Burkina Faso Process Oil Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Process Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Process Oil Market - Industry Life Cycle |
3.4 Burkina Faso Process Oil Market - Porter's Five Forces |
3.5 Burkina Faso Process Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burkina Faso Process Oil Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Burkina Faso Process Oil Market Revenues & Volume Share, By Production Technology, 2021 & 2031F |
3.8 Burkina Faso Process Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Process Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of using process oil in cooking |
4.2.2 Growth in the food processing industry in Burkina Faso |
4.2.3 Rising disposable income leading to higher consumption of processed food products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in process oil production |
4.3.2 Intense competition from imported process oils |
4.3.3 Lack of advanced technology and infrastructure for efficient production |
5 Burkina Faso Process Oil Market Trends |
6 Burkina Faso Process Oil Market Segmentations |
6.1 Burkina Faso Process Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Process Oil Market Revenues & Volume, By Aromatic, 2021-2031F |
6.1.3 Burkina Faso Process Oil Market Revenues & Volume, By Paraffinic, 2021-2031F |
6.1.4 Burkina Faso Process Oil Market Revenues & Volume, By Naphthenic, 2021-2031F |
6.1.5 Burkina Faso Process Oil Market Revenues & Volume, By Non-carcinogenic, 2021-2031F |
6.2 Burkina Faso Process Oil Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Process Oil Market Revenues & Volume, By Extender Oil, 2021-2031F |
6.2.3 Burkina Faso Process Oil Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.2.4 Burkina Faso Process Oil Market Revenues & Volume, By Solvent, 2021-2031F |
6.2.5 Burkina Faso Process Oil Market Revenues & Volume, By Defoamer, 2021-2031F |
6.3 Burkina Faso Process Oil Market, By Production Technology |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Process Oil Market Revenues & Volume, By Convention Route, 2021-2031F |
6.3.3 Burkina Faso Process Oil Market Revenues & Volume, By Gas to Liquid, 2021-2031F |
6.3.4 Burkina Faso Process Oil Market Revenues & Volume, By Bio-based, 2021-2031F |
6.4 Burkina Faso Process Oil Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Burkina Faso Process Oil Market Revenues & Volume, By Tire & Rubber, 2021-2031F |
6.4.3 Burkina Faso Process Oil Market Revenues & Volume, By Polymer, 2021-2031F |
6.4.4 Burkina Faso Process Oil Market Revenues & Volume, By Personal Care, 2021-2031F |
6.4.5 Burkina Faso Process Oil Market Revenues & Volume, By Textile, 2021-2031F |
6.4.6 Burkina Faso Process Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Burkina Faso Process Oil Market Import-Export Trade Statistics |
7.1 Burkina Faso Process Oil Market Export to Major Countries |
7.2 Burkina Faso Process Oil Market Imports from Major Countries |
8 Burkina Faso Process Oil Market Key Performance Indicators |
8.1 Per capita consumption of process oil in Burkina Faso |
8.2 Number of new product launches in the process oil market |
8.3 Percentage of households using process oil in cooking |
9 Burkina Faso Process Oil Market - Opportunity Assessment |
9.1 Burkina Faso Process Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burkina Faso Process Oil Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Burkina Faso Process Oil Market Opportunity Assessment, By Production Technology, 2021 & 2031F |
9.4 Burkina Faso Process Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Process Oil Market - Competitive Landscape |
10.1 Burkina Faso Process Oil Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Process Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |