Romania - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Romania - 2023
Contents:
- Sesame Oil Price in Romania (CIF) - 2022
- Sesame Oil Price in Romania (FOB) - 2022
- Sesame Oil Imports in Romania
- Sesame Oil Exports in Romania
Sesame Oil Price in Romania (CIF) - 2022
In 2022, the average sesame oil import price amounted to $6,024 per ton, declining by -6.5% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +85.3% against 2014 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $6,441 per ton in 2021, and then shrank in the following year.
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 Germany ($9,933 per ton), while the price for France ($3,932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in Romania (FOB) - 2022
In 2022, the average sesame oil export price amounted to $23,083 per ton, jumping by 53% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 235%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
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 Moldova ($32,878 per ton), while the average price for exports to Italy ($2,000 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+45.1%), while the prices for the other major destinations experienced mixed trend patterns.
Sesame Oil Imports in Romania
In 2022, supplies from abroad of sesame oil decreased by -13.3% to 53 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 88%.
In value terms, sesame oil imports shrank sharply to $320K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 73% against the previous year.
| Import of Sesame Oil in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.9 | 21.0 | 132 | 95.3 | 120.4% |
| Austria | 24.3 | 41.8 | 96.6 | 57.1 | 32.9% |
| France | 12.1 | 27.0 | 30.6 | 32.2 | 38.6% |
| China | 9.4 | N/A | 30.0 | 27.4 | 42.8% |
| Germany | 21.9 | 68.8 | 24.7 | 27.0 | 7.2% |
| Bulgaria | 0.5 | N/A | 11.5 | 20.7 | 245.9% |
| Czech Republic | 3.3 | 40.0 | 6.6 | 13.7 | 60.7% |
| Italy | 14.5 | 9.0 | 3.6 | 10.4 | -10.5% |
| Others | 42.2 | 28.7 | 59.7 | 36.7 | -4.5% |
| Total | 137 | 236 | 395 | 320 | 32.7% |
Top Suppliers of Sesame Oil to Romania in 2022:
- Netherlands (16.3 tons)
- Austria (9.9 tons)
- France (8.2 tons)
- China (5.6 tons)
- Bulgaria (3.4 tons)
- Germany (2.7 tons)
- Italy (1.6 tons)
- Czech Republic (1.6 tons)
Sesame Oil Exports in Romania
In 2022, the amount of sesame oil exported from Romania contracted markedly to 72 kg, waning by -90.1% compared with the previous year's figure. Over the period under review, exports faced a dramatic descent. The smallest decline of -10.9% was in 2020.
In value terms, sesame oil exports reduced dramatically to $1.7K in 2022. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 199%. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sesame Oil in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 1.2 | 1.8 | 1.5 | 1.6 | 10.1% |
| Bulgaria | N/A | N/A | 0.5 | N/A | 0% |
| Spain | 4.6 | 2.9 | 1.0 | N/A | -53.4% |
| Greece | N/A | 13.0 | 7.7 | N/A | -40.8% |
| Italy | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 17.8 | 11.0 | 1.7 | -34.3% |
Top Export Markets for Sesame Oil from Romania in 2022:
- Moldova (49.0 kg)
- Spain (11.0 kg)
- Bulgaria (10.0 kg)
- Italy (2.0 kg)
This report provides an in-depth analysis of the sesame oil market in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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