Sesame Oil Market

Sesame oil market: discover new statistics powered by an Ai-driven market intelligence tool. Info include exports, imports, market prices, companies, trade, production, market size, and consumption. Here is a split by region, including Africa, China, the U.S., Russia, the U.K., EU, the Middle East, and Latin America. Market dynamics and outlook to 2030 are also provided in the reports.

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Sesame Oil - World's Largest Markets

In value terms, China, Myanmar and Japan appeared to be the countries with the highest levels of market value in 2020, together accounting for 47% of the global market. These countries were followed by India, South Korea, Mexico, Uganda, Nigeria, Turkey, Tanzania, South Sudan, Iran and Saudi Arabia, which together accounted for a further 27%.

Mexico recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while sesame oil market for the other global leaders experienced more modest paces of growth.

Sesame Oil Prices

Sesame Oil - Top Importers

In value terms, the United States ($115M) constitutes the largest market for imported sesame oil worldwide, comprising 34% of global imports. The second position in the ranking was occupied by the UK ($25M), with a 7.3% share of global imports. It was followed by Canada, with a 4.5% share.

From 2018 to 2020, the average annual growth rate of value in the United States stood at +9.2%. In the other countries, the average annual rates were as follows: the UK (+30.8% per year) and Canada (+3.4% per year).

Sesame Oil - Top Exporters

In value terms, Japan ($62M), India ($35M) and Mexico ($26M) were the countries with the highest levels of exports in 2020, together comprising 42% of global exports. These countries were followed by China, Taiwan (Chinese), Singapore, the Netherlands, Germany, the United States, Malaysia, Vietnam and Bangladesh, which together accounted for a further 40%.

Germany saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Sesame Oil - Market Forecast

Driven by increasing demand for sesame oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Sesame Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.

Sesame Oil - Product Coverage

• HS 151550 - Vegetable oils; sesame oil and its fractions, whether or not refined, but not chemically modified