The production of oil crops in Africa experienced generally positive growth from 2013 to 2023, increasing from 52.978 million metric tons to 67.662 million metric tons. The year-on-year variation highlights periods of both growth and slight declines, with notable increases such as a 5.38% rise in 2017 and a 7.43% rise in 2021. Despite some fluctuations, the five-year compound annual growth rate (CAGR) from 2018 to 2023 stands at 1.87%, indicating steady market expansion.
Future trends (2024-2028) project continued growth, with forecasted production anticipated to rise to 74.263 million metric tons by 2028, driven by a forecasted 5-year CAGR of 1.47%. Key trends to watch include technological advancements in agriculture, climate change impacts, and shifts in global demand for oil crops.
