Pakistan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Pakistan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights

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Sesame Oil Price in Pakistan - 2023

Contents:

  1. Sesame Oil Price in Pakistan (CIF) - 2022
  2. Sesame Oil Price in Pakistan (FOB) - 2022
  3. Sesame Oil Imports in Pakistan
  4. Sesame Oil Exports in Pakistan

Sesame Oil Price in Pakistan (CIF) - 2022

The average sesame oil import price stood at $1,902 per ton in 2022, remaining constant against the previous year. Overall, the import price showed a slight contraction. The pace of growth was the most pronounced in 2020 an increase of 76% against the previous year. As a result, import price reached the peak level of $2,451 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,507 per ton), while the price for India ($753 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Sesame Oil Price in Pakistan (FOB) - 2022

The average sesame oil export price stood at $5,512 per ton in 2022, reducing by -5.1% against the previous year. Overall, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $5,810 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($9,602 per ton), while the average price for exports to Kyrgyzstan ($366 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 Algeria (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Oil Imports in Pakistan

In 2022, after three years of growth, there was significant decline in purchases abroad of sesame oil, when their volume decreased by -39.5% to 37 tons. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 276% against the previous year. As a result, imports reached the peak of 61 tons, and then shrank dramatically in the following year.

In value terms, sesame oil imports shrank remarkably to $70K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 195%. As a result, imports reached the peak of $116K, and then fell dramatically in the following year.

Import of Sesame Oil in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.74.122.919.4125.1%
United Arab Emirates0.31.03.112.6247.6%
Netherlands7.09.720.012.320.7%
Spain0.62.215.66.8124.6%
China4.55.410.86.412.5%
Thailand0.72.67.44.180.3%
India2.43.26.64.018.6%
South Korea1.01.63.42.332.0%
France0.70.81.20.6-5.0%
United States0.40.40.80.40.0%
Others0.58.524.60.921.6%
Total19.739.511669.652.3%

Top Suppliers of Sesame Oil to Pakistan in 2022:

  1. Netherlands (9.7 tons)
  2. United Arab Emirates (7.1 tons)
  3. India (5.3 tons)
  4. Thailand (4.1 tons)
  5. China (3.7 tons)
  6. Germany (2.6 tons)
  7. Spain (1.9 tons)
  8. South Korea (1.1 tons)
  9. United States (0.6 tons)
  10. France (0.5 tons)

Sesame Oil Exports in Pakistan

In 2022, shipments abroad of sesame oil was finally on the rise to reach 4.2 tons after two years of decline. Overall, exports, however, continue to indicate a perceptible decline.

In value terms, sesame oil exports fell to $23K in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year.

Export of Sesame Oil in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria10.712.512.111.11.2%
Australia1.02.82.12.840.9%
Canada0.70.21.62.041.9%
United Kingdom1.01.31.41.617.0%
United States0.30.51.41.363.0%
Norway0.91.11.01.03.6%
Palestine0.20.41.00.965.1%
Jordan1.01.20.70.5-20.6%
Lebanon0.20.30.30.314.5%
Saudi Arabia1.5N/AN/AN/A0%
Others1.71.62.41.4-6.3%
Total19.221.724.122.96.1%

Top Export Markets for Sesame Oil from Pakistan in 2022:

  1. Algeria (1158.0 kg)
  2. United Kingdom (652.0 kg)
  3. Canada (563.0 kg)
  4. Australia (552.0 kg)
  5. Lebanon (257.0 kg)
  6. United States (220.0 kg)
  7. Palestine (195.0 kg)
  8. Norway (157.0 kg)
  9. Jordan (89.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sesame oil market in Pakistan. 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:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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