Austria - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Austria - 2023
Contents:
- Sesame Oil Price in Austria (CIF) - 2023
- Sesame Oil Price in Austria (FOB) - 2022
- Sesame Oil Imports in Austria
- Sesame Oil Exports in Austria
Sesame Oil Price in Austria (CIF) - 2023
In August 2023, the average sesame oil import price amounted to $8,726 per ton, jumping by 28% against the previous month. Over the period under review, import price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sesame oil import price decreased by -15.9% against June 2023 indices. The pace of growth appeared the most rapid in November 2022 an increase of 93% m-o-m. Over the period under review, average import prices attained the peak figure at $11,600 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Korea ($13,983 per ton), while the price for Hungary ($4,967 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in Austria (FOB) - 2022
The average sesame oil export price stood at $8,100 per ton in 2022, which is down by -14.7% against the previous year. In general, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs at $9,768 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($12,745 per ton), while the average price for exports to Poland ($5,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.9%), while the prices for the other major destinations experienced a decline.
Sesame Oil Imports in Austria
In 2022, the amount of sesame oil imported into Austria contracted to 319 tons, reducing by -10.6% against 2021. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of 356 tons, and then reduced in the following year.
In value terms, sesame oil imports reduced modestly to $2.5M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of $2.6M, and then fell in the following year.
| Import of Sesame Oil in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 757 | 1,172 | 870 | 1,495 | 25.5% |
| Netherlands | 268 | 263 | 693 | 620 | 32.3% |
| Japan | 190 | 65.3 | 278 | 153 | -7.0% |
| South Korea | 149 | 111 | 108 | 126 | -5.4% |
| Mexico | 171 | 191 | 335 | 20.4 | -50.8% |
| Thailand | 50.6 | 28.1 | 33.5 | N/A | -18.6% |
| Singapore | 83.9 | 47.3 | 58.7 | N/A | -16.4% |
| Others | 144 | 118 | 188 | 65.1 | -23.3% |
| Total | 1,814 | 1,995 | 2,565 | 2,479 | 11.0% |
Top Suppliers of Sesame Oil to Austria in 2022:
- Germany (192.0 tons)
- Netherlands (91.8 tons)
- Japan (17.2 tons)
- South Korea (8.0 tons)
- Mexico (1.9 tons)
Sesame Oil Exports in Austria
For the fourth consecutive year, Austria recorded growth in overseas shipments of sesame oil, which increased by 11% to 190 tons in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sesame oil exports shrank to $1.5M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $1.6M, and then dropped in the following year.
| Export of Sesame Oil in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 272 | 363 | 666 | 653 | 33.9% |
| Russia | 328 | 346 | 447 | 335 | 0.7% |
| Hungary | 53.7 | 71.4 | 95.2 | 114 | 28.5% |
| Romania | 29.3 | 44.7 | 84.0 | 80.2 | 39.9% |
| Poland | 26.6 | 34.4 | 42.2 | 58.4 | 30.0% |
| Italy | 45.8 | 20.1 | 38.2 | 55.3 | 6.5% |
| Japan | 107 | 30.2 | 81.3 | 53.5 | -20.6% |
| Czech Republic | 20.8 | 23.1 | 35.2 | 44.9 | 29.2% |
| Slovenia | 23.9 | 26.4 | 38.0 | 39.3 | 18.0% |
| Switzerland | 33.2 | 25.3 | 36.7 | 23.1 | -11.4% |
| Others | 47.3 | 45.0 | 58.8 | 78.4 | 18.3% |
| Total | 987 | 1,030 | 1,622 | 1,535 | 15.9% |
Top Export Markets for Sesame Oil from Austria in 2022:
- Germany (83.6 tons)
- Russia (41.7 tons)
- Hungary (13.4 tons)
- Romania (10.9 tons)
- Poland (10.2 tons)
- Italy (7.5 tons)
- Czech Republic (5.4 tons)
- Japan (3.4 tons)
- Slovenia (3.1 tons)
- Switzerland (2.1 tons)
This report provides an in-depth analysis of the sesame oil market in Austria. 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.
Product coverage:
- FCL 290 - Oil of Sesame Seed
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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