Italy - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Italy - 2023
Contents:
- Sesame Oil Price in Italy (CIF) - 2023
- Sesame Oil Price in Italy (FOB) - 2023
- Sesame Oil Imports in Italy
- Sesame Oil Exports in Italy
Sesame Oil Price in Italy (CIF) - 2023
The average sesame oil import price stood at $6,536 per ton in August 2023, picking up by 14% against the previous month. Overall, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 107% month-to-month. Over the period under review, average import prices reached the maximum at $11,299 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat 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 France ($14,321 per ton), while the price for India ($5,027 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 China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in Italy (FOB) - 2023
The average sesame oil export price stood at $6,961 per ton in August 2023, which is down by -36.5% against the previous month. In general, export price indicated a modest 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 export price decreased by -37.6% against June 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 53% m-o-m. The export price peaked at $11,198 per ton in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($9,895 per ton), while the average price for exports to France ($3,990 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sesame Oil Imports in Italy
For the fourth consecutive year, Italy recorded growth in supplies from abroad of sesame oil, which increased by 16% to 733 tons in 2022. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sesame oil imports shrank modestly to $3.5M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $3.5M, leveling off in the following year.
| Import of Sesame Oil in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 512 | 753 | 970 | 758 | 14.0% |
| Germany | 625 | 879 | 685 | 709 | 4.3% |
| India | 368 | 390 | 319 | 593 | 17.2% |
| Netherlands | 1,072 | 667 | 804 | 542 | -20.3% |
| Mexico | N/A | N/A | 177 | 314 | 77.4% |
| Japan | 49.4 | 50.8 | 85.7 | 145 | 43.2% |
| Paraguay | N/A | N/A | 70.4 | 88.1 | 25.1% |
| Others | 297 | 190 | 369 | 320 | 2.5% |
| Total | 2,925 | 2,928 | 3,481 | 3,470 | 5.9% |
Top Suppliers of Sesame Oil to Italy in 2022:
- India (206.3 tons)
- Germany (144.9 tons)
- France (143.4 tons)
- Netherlands (86.8 tons)
- Mexico (78.2 tons)
- Japan (20.0 tons)
- Paraguay (18.0 tons)
Sesame Oil Exports in Italy
In 2022, the amount of sesame oil exported from Italy rose rapidly to 306 tons, picking up by 10% compared with the year before. The total export volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 17%. As a result, the exports reached the peak of 312 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sesame oil exports expanded sharply to $2.4M in 2022. The total export value increased at an average annual rate of +13.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sesame Oil in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 426 | 513 | 153 | 451 | 1.9% |
| Netherlands | 81.3 | 322 | 481 | 400 | 70.1% |
| France | 244 | 101 | 120 | 262 | 2.4% |
| Germany | 74.7 | 81.0 | 52.6 | 251 | 49.8% |
| Poland | 39.5 | 161 | 142 | 242 | 83.0% |
| United States | 68.1 | 180 | 378 | 103 | 14.8% |
| Ecuador | 8.1 | N/A | 154 | 98.9 | 130.3% |
| Kuwait | 19.2 | 44.3 | N/A | 60.5 | 46.6% |
| Austria | 15.9 | 15.7 | 8.7 | 42.7 | 39.0% |
| Spain | 24.5 | 71.4 | 71.5 | 37.1 | 14.8% |
| Denmark | 327 | 136 | 220 | 33.7 | -53.1% |
| New Zealand | 18.6 | 54.8 | 9.4 | 31.9 | 19.7% |
| Norway | 58.7 | N/A | 1.7 | N/A | -83.0% |
| Others | 216 | 422 | 336 | 383 | 21.0% |
| Total | 1,621 | 2,101 | 2,128 | 2,397 | 13.9% |
Top Export Markets for Sesame Oil from Italy in 2022:
- United Kingdom (57.2 tons)
- Netherlands (51.6 tons)
- Poland (43.8 tons)
- France (32.9 tons)
- Germany (28.8 tons)
- United States (9.3 tons)
- Ecuador (8.2 tons)
- New Zealand (8.0 tons)
- Spain (7.3 tons)
- Kuwait (7.1 tons)
- Denmark (6.3 tons)
- Austria (5.1 tons)
This report provides an in-depth analysis of the sesame oil market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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