| Product Code: ETC5343577 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Gabon`s castor oil import market saw a shift in top exporters, with Taiwan, Areas, nes, France, Mexico, and Belgium leading the way. The Herfindahl-Hirschman Index (HHI) decreased, indicating a move from very high concentration to high concentration in the market. The compound annual growth rate (CAGR) for castor oil imports in Gabon plummeted to -42.47%, while the growth rate stood at -28.47%. These figures suggest a challenging year for the industry, highlighting the need for strategic adjustments and market insights for stakeholders involved in the trade.

Gabon's Castor Oil market is anticipated to experience a high growth rate of 14.63% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

Castor oil, derived from the castor bean, has a wide range of applications in Gabon, including in the cosmetics, pharmaceutical, and automotive industries. The market for castor oil is supported by its use in manufacturing personal care products, as well as in industrial applications such as lubricants and biodiesel production.
Castor oil, used in pharmaceuticals, cosmetics, and industrial applications, is experiencing growth due to its versatile properties and increasing demand for natural and organic products.
The castor oil market in Gabon is constrained by limited local cultivation of castor seeds, resulting in a reliance on imports. High production and transportation costs make the oil expensive for industrial and consumer use. Additionally, low awareness of its applications in cosmetics, pharmaceuticals, and lubricants limits market expansion.
The Gabonese government may support the growth of the castor oil market by implementing agricultural policies that encourage the cultivation of castor beans. Providing farmers with training, technology, and financial incentives could increase domestic supply, driving the growth of the castor oil market. Policies supporting the sustainable and eco-friendly use of castor oil in various industries such as cosmetics, pharmaceuticals, and biodiesel could further enhance market demand.
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 Gabon Castor Oil Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Castor Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Castor Oil Market - Industry Life Cycle |
3.4 Gabon Castor Oil Market - Porter's Five Forces |
3.5 Gabon Castor Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Gabon Castor Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for organic and natural products in various industries |
4.2.2 Growing awareness about the benefits of castor oil for hair and skin care |
4.2.3 Rising use of castor oil in pharmaceuticals and cosmetics industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of castor oil due to variations in crop yields |
4.3.2 Limited availability of high-quality castor seeds for oil production |
4.3.3 Challenges in transportation and logistics for exporting castor oil |
5 Gabon Castor Oil Market Trends |
6 Gabon Castor Oil Market Segmentations |
6.1 Gabon Castor Oil Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Gabon Castor Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.1.3 Gabon Castor Oil Market Revenues & Volume, By Lubricants, 2021-2031F |
6.1.4 Gabon Castor Oil Market Revenues & Volume, By Paints, 2021-2031F |
6.1.5 Gabon Castor Oil Market Revenues & Volume, By Soaps, 2021-2031F |
6.1.6 Gabon Castor Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Gabon Castor Oil Market Import-Export Trade Statistics |
7.1 Gabon Castor Oil Market Export to Major Countries |
7.2 Gabon Castor Oil Market Imports from Major Countries |
8 Gabon Castor Oil Market Key Performance Indicators |
8.1 Average selling price of gabon castor oil |
8.2 Number of new product launches containing gabon castor oil |
8.3 Percentage increase in the use of gabon castor oil in pharmaceuticals and cosmetics |
9 Gabon Castor Oil Market - Opportunity Assessment |
9.1 Gabon Castor Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Gabon Castor Oil Market - Competitive Landscape |
10.1 Gabon Castor Oil Market Revenue Share, By Companies, 2024 |
10.2 Gabon Castor Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |