South Africa’s oils and fats manufacturing sector is dominated by vegetable oils and fat, and sunflower oil is the most widely consumed vegetable oil in the country. South Africa is a net importer of edible oils, which include sunflower, soybean and palm oil as it does not produce enough to meet demand.
How much oil is produced in South Africa?
In 2010 South Africa crushed about 763 000 tons of oil seed producing approximately 373 000 tons of meal and 261 000 tons of oil which a far cry of the 1 million tonnes of vegetable oil consumed in the country per annum (Global Agricultural Information Network, 2010).
How has vegetable oil demand changed over the past 10 years?
Growth Trends: Vegetable oil demand has increased by an average 3% per annum during the past ten years. In recent years, increasing health awareness and the banting diet, which advocates the consumption of monounsaturated fats such as olive oil and avocado oil, helped to boost demand for healthy edible oils such as olive oil.
What is the value of a new vegetable oil refining order?
The order has a value of approximately SEK 50 million and was booked in the business unit Food Systems of the Food & Water Division. Delivery is scheduled for 2022. The order comprises a complete and automated processing line for vegetable oil refining, including various equipment such as heat exchangers and mixers.