World - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
China and Tanzania Are Leaders in Global Sesame Seed Consumption
IndexBox has just published a new report "World: Sesame Seed - Market Report. Analysis And Forecast To 2025". Here is a summary of the report’s key findings.
Sesame Seed Consumption Is Continuing to Increase
From 2007 to 2016, the global sesame seed market showed an upward trend, reaching X tonnes in 2016. Over the last nine years, the sesame seed market expanded with a CAGR of +X%. The increased global consumption of sesame seeds is mainly due to the heightened demand for the product from the growing Asian and African populations. This increase is being reinforced by the spread of African and Asian cuisine worldwide, following a rise in the number of migrants.
In value terms, the market decreased by X% to $X in 2016 (IndexBox estimates). From 2007 to 2016, the market value was subject to significant fluctuations against changes in prices and crop yield. A significant increase in prices from 2013-2014 was caused by the 2013 decline in sesame seed output in the key producer countries (including Ethiopia, India, China and Nigeria), as a result of the adverse weather conditions. Over the period from 2015-2016, prices returned to their 2012 figure.
China and Tanzania Were Leaders in Global Sesame Seed Consumption
The countries with the highest consumption were Tanzania (X% based on tonnes), China (X%), followed by Sudan (X%), Myanmar, India, Ethiopia and Nigeria (X% each), together comprising almost X% of global consumption. The highest annual rates of growth with regard to sesame seed consumption from 2007 to 2016 were recorded in Tanzania (+X%) and China (+X%). These high rates of growth in Tanzania can be explained by the increased production of sesame oil in the country.
Amongst the leading consuming countries, high levels of per capita consumption were recorded in Tanzania (X kg per year), Sudan (X kg per year) and Myanmar (X kg per year), while the global average per capita consumption of sesame seeds was estimated at X kg/year in 2016. China (X kg per year) and India (X kg per year) recorded the lowest per capita consumption figures in terms of the major consumer countries.
Sesame Seed Consumption Is Projected to Reach X Tonnes in 2025
Sesame seeds are one of the main seed crops in the Asian and African regions, in particular in Tanzania, China, Sudan, Myanmar, India, Ethiopia, and Nigeria etc. They are used in the preparation of traditional dishes and confectionery, as well as in the pharmaceutical and cosmetic industries.
The steady demand for sesame seeds and sesame seed related products is also being generated by the increasingly popular healthy eating trend and the tendency to prefer organic cosmetics and other such products. In addition, the increased popularity of Asian and African sesame seed-based seasonings, marinades and sauces in Europe and North America is also a factor.
It is expected that the consumption of sesame seeds will grow at a rate of +X% per year in the next nine years, which will lead the market to X tonnes in 2025.
The Global Production of Sesame Seeds Peaked at X Tonnes
The production of sesame seeds reached X tonnes in 2016, with a positive dynamic being recorded over the period under review. From 2007-2016, the average annual rates of growth with regard to sesame seed production reached +X%.
Over the period under review, the harvested areas of sesame seeds expanded at an average annual rate of growth of +X%, reaching X ha by 2016.
Sesame seeds mainly grow in Africa and Southern Asia; the crop is acutely sensitive to the prevailing weather conditions. Equally, yield figures remain relatively stable, at X tonne/ha, fluctuating mildly over the period from 2007-2016.
All of the Main Producing Countries Increased Their Output
Tanzania was the key world sesame seed producing country with an output of about X tonnes in 2016, which accounted for X% of the total global output. The other major producers were Sudan (X%), Ethiopia (X%), India (X%), China (X%), Nigeria (X%), Myanmar (X%) and Burkina Faso (X%).
In Tanzania, production increased by +X% annually from 2007 to 2016. The other major producing countries also displayed a notable growth with regard to sesame seed output in physical terms. From 2007-2016, annual rates of growth were especially high in Ethiopia (+X%), Nigeria (+X%) and China (+X%).
Ethiopia, India and Sudan Constituted the Largest Exporters of Sesame Seeds
In 2016, the volume of global exports increased to X tonnes, an increase of X% against the previous year. However, from 2007 to 2016, global sesame seed exports indicated a steady growth, with a CAGR of +X%.
Ethiopia (X% based on tonnes), India (X%) and Sudan (X%) were the main supplier of sesame seeds in the world. Ethiopian (+X percentage points) exports steadily increased, while the share of Indian (-X percentage points) sesame seed exports decreased significantly from 2007 to 2016.
China Was the Main Importer of Sesame Seeds
The volume of global sesame seed imports totalled X tonnes in 2016. The imports dynamic was generally in line with exports: globally, these trade flows complement each other. From 2007 to 2016, global sesame seed imports steadily increased, with a CAGR of +X%
China (X% based on tonnes) was the main consumer of sesame seed imports. With the exception of China, the main importers of sesame seeds were Japan and Turkey (X% each).
While the share of China in terms of global imports of sesame seeds (+X percentage points) increased, the share of Japan (-X percentage points) and Turkey (-X percentage points) decreased from 2007 to 2016.
Do you want to know more about the global sesame seed market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- sesame seed market
- sesame seed prices
- sesame seed industry
- sesame seed sales
- sesame seed import
- sesame seed export
- sesame seed market forecast
- sesame seed price forecast
- key sesame seed producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global sesame seed market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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