Market movement
In 2024, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of ground-nut oil trade exhibited significant decline, with global flows reaching $46,676,205 and a three-year compound annual growth rate of -9.7% (five-year: -0.2%). The all-time peak of $107,088,189 was recorded in 1996; the current level is 56% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-10.1% acceleration).
The World Trade Flows Characterization classifies oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of ground-nut oil as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
