Kuwait - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Kuwait - 2021
Contents:
- Sesame Oil Price in Kuwait (CIF) - 2022
- Sesame Oil Price in Kuwait (FOB) - 2022
- Sesame Oil Imports in Kuwait
- Sesame Oil Exports in Kuwait
Sesame Oil Price in Kuwait (CIF) - 2022
The average sesame oil import price stood at $4,726 per ton in 2022, increasing by 7.5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame oil import price increased by +43.6% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($11,462 per ton), while the price for Syrian Arab Republic ($2,382 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in Kuwait (FOB) - 2022
The average sesame oil export price stood at $6,400 per ton in 2022, rising by 11% against the previous year. In general, the export price, however, saw a perceptible slump. The growth pace was the most rapid in 2015 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,913 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($7,223 per ton), while the average price for exports to Iran totaled $1,114 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+378.2%), while the prices for the other major destinations experienced a decline.
Sesame Oil Imports in Kuwait
After two years of decline, supplies from abroad of sesame oil increased by 6.5% to 139 tons in 2022. Overall, imports, however, saw a sharp descent.
In value terms, sesame oil imports totaled $655K in 2022. In general, imports, however, recorded a deep setback.
| Import of Sesame Oil in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 318 | 261 | 232 | 291 | -2.9% |
| Lebanon | 54.1 | 41.2 | 47.2 | 57.9 | 2.3% |
| France | 46.6 | 27.6 | 24.5 | 40.0 | -5.0% |
| Singapore | 61.4 | 27.6 | 38.0 | 37.0 | -15.5% |
| Jordan | 381 | 199 | 111 | 27.2 | -58.5% |
| Netherlands | 9.3 | 3.5 | 1.1 | 22.9 | 35.0% |
| United Arab Emirates | 25.2 | 4.7 | 16.9 | 17.8 | -10.9% |
| China | 21.3 | 17.0 | 8.4 | 8.1 | -27.6% |
| Others | 125 | 156 | 93.2 | 153 | 7.0% |
| Total | 1,042 | 738 | 572 | 655 | -14.3% |
Top Suppliers of Sesame Oil to Kuwait in 2022:
- India (83.6 tons)
- Singapore (7.1 tons)
- France (5.4 tons)
- Lebanon (5.1 tons)
- Jordan (5.1 tons)
- United Arab Emirates (4.9 tons)
- Netherlands (2.7 tons)
- China (1.5 tons)
Sesame Oil Exports in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of sesame oil, when their volume decreased by -8.3% to 1.2 tons. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of 1.4 tons, and then contracted in the following year.
In value terms, sesame oil exports expanded to $7.9K in 2022. In general, exports recorded a mild descent.
| Export of Sesame Oil in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 6.7 | 7.5 | 7.5 | 7.8 | 5.2% |
| Iran | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Qatar | 1.4 | 0.3 | N/A | N/A | -78.6% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 8.4 | 8.1 | 7.8 | 7.9 | -2.0% |
Top Export Markets for Sesame Oil from Kuwait in 2022:
- Saudi Arabia (1073.0 kg)
- Iran (167.0 kg)
This report provides an in-depth analysis of the sesame oil market in Kuwait. 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:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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
-
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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The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
2976
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer
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Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Japan dominates in the global sesame oil trade. In 2014, Japan exported X thousand tons of sesame oil totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total sesame oil exports
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