Mexico - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Mexico - 2023
Contents:
- Sesame Oil Price in Mexico (FOB) - 2023
- Sesame Oil Price in Mexico (CIF) - 2022
- Sesame Oil Exports in Mexico
- Sesame Oil Imports in Mexico
Sesame Oil Price in Mexico (FOB) - 2023
The average sesame oil export price stood at $5,202 per ton in August 2023, standing approximately at the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 8.7% m-o-m. As a result, the export price reached the peak level of $5,364 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +0.5% per month.
Sesame Oil Price in Mexico (CIF) - 2022
The average sesame oil import price stood at $3,407 per ton in 2022, reducing by -27.1% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2015 an increase of 87%. Over the period under review, average import prices hit record highs at $5,291 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($9,144 per ton), while the price for India ($2,825 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Exports in Mexico
In 2022, after three years of growth, there was significant decline in shipments abroad of sesame oil, when their volume decreased by -21.9% to 5.3K tons. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50%.
In value terms, sesame oil exports dropped to $26M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, the exports attained the peak of $34M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sesame Oil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.9 | 33.9 | 28.4 | 25.8 | 1.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.9 | 33.9 | 28.4 | 25.8 | 1.2% |
Top Export Markets for Sesame Oil from Mexico in 2022:
- United States (5.3K tons)
Sesame Oil Imports in Mexico
Sesame oil imports into Mexico skyrocketed to 528 tons in 2022, with an increase of 107% compared with the previous year. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 420% against the previous year. As a result, imports reached the peak of 1.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sesame oil imports surged to $1.8M in 2022. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 438%. As a result, imports reached the peak of $6.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sesame Oil in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 5,211 | N/A | 1,118 | -53.7% |
| United States | 637 | 223 | 285 | 400 | -14.4% |
| Taiwan (Chinese) | 259 | 594 | 764 | 187 | -10.3% |
| Japan | 206 | 222 | 104 | 79.9 | -27.1% |
| Others | 67.9 | 44.1 | 37.6 | 13.7 | -41.3% |
| Total | 1,170 | 6,294 | 1,191 | 1,798 | 15.4% |
Top Suppliers of Sesame Oil to Mexico in 2022:
- India (395.7 tons)
- United States (77.7 tons)
- Taiwan (Chinese) (43.4 tons)
- Japan (8.7 tons)
This report provides an in-depth analysis of the sesame oil market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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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The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
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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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Global sesame oil imports amounted to X thousand tons in 2015, approximately equating the previous year level.
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In 2015, the country with the largest volume of the sesame oil output was Tanzania (X thousand tons), accounting for X% of global production.
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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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