Czech Republic - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in the Czech Republic - 2023
Contents:
- Sesame Oil Price in the Czech Republic (CIF) - 2022
- Sesame Oil Price in the Czech Republic (FOB) - 2022
- Sesame Oil Imports in the Czech Republic
- Sesame Oil Exports in the Czech Republic
Sesame Oil Price in the Czech Republic (CIF) - 2022
The average sesame oil import price stood at $5,565 per ton in 2022, shrinking by -31.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 46% against the previous year. The import price peaked at $8,175 per ton in 2021, and then dropped notably 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 South Korea ($12,112 per ton), while the price for the United States ($3,843 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in the Czech Republic (FOB) - 2022
The average sesame oil export price stood at $4,010 per ton in 2022, with a decrease of -43.4% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 70% against the previous year. The export price peaked at $8,678 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($15,150 per ton), while the average price for exports to Hungary ($2,870 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 Germany (-0.6%), while the prices for the other major destinations experienced a decline.
Sesame Oil Imports in the Czech Republic
In 2022, the amount of sesame oil imported into the Czech Republic surged to 142 tons, growing by 94% compared with the year before. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sesame oil imports skyrocketed to $791K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Sesame Oil in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 59.2 | 60.3 | 50.7 | 264 | 64.6% |
| United States | 12.9 | 58.0 | 46.5 | 189 | 144.7% |
| Netherlands | 18.1 | 35.7 | 54.2 | 87.5 | 69.1% |
| France | 62.0 | 50.8 | 55.0 | 41.6 | -12.5% |
| South Korea | 48.0 | 51.9 | 40.0 | 33.2 | -11.6% |
| China | 21.0 | 57.7 | 43.4 | 30.5 | 13.2% |
| Singapore | 7.1 | 20.0 | 19.6 | 30.1 | 61.8% |
| United Kingdom | 0.1 | 21.3 | 16.6 | 24.6 | 526.6% |
| Mexico | 91.4 | 163 | 179 | 10.9 | -50.8% |
| Others | 92.7 | 66.4 | 94.0 | 79.9 | -4.8% |
| Total | 412 | 585 | 599 | 791 | 24.3% |
Top Suppliers of Sesame Oil to the Czech Republic in 2022:
- United States (49.2 tons)
- Germany (45.2 tons)
- Netherlands (15.8 tons)
- China (6.5 tons)
- France (4.3 tons)
- Singapore (3.5 tons)
- South Korea (2.7 tons)
- United Kingdom (2.4 tons)
- Mexico (2.1 tons)
Sesame Oil Exports in the Czech Republic
In 2022, overseas shipments of sesame oil were finally on the rise to reach 76 tons after two years of decline. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sesame oil exports declined to $303K in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of $335K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Sesame Oil in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 155 | 165 | 180 | 166 | 2.3% |
| Hungary | 19.3 | 40.0 | 52.5 | 51.2 | 38.4% |
| Poland | 60.2 | 79.0 | 61.9 | 46.1 | -8.5% |
| Germany | 21.9 | 19.8 | 19.9 | 22.4 | 0.8% |
| Romania | N/A | 17.4 | 0.2 | 13.6 | -11.6% |
| Croatia | 11.6 | 9.9 | N/A | N/A | -14.7% |
| Others | 12.7 | 3.2 | 4.2 | 3.9 | -32.5% |
| Total | 280 | 335 | 319 | 303 | 2.7% |
Top Export Markets for Sesame Oil from the Czech Republic in 2022:
- Slovakia (46.6 tons)
- Hungary (17.8 tons)
- Poland (7.5 tons)
- Romania (1.6 tons)
- Germany (1.5 tons)
This report provides an in-depth analysis of the sesame oil market in the Czech Republic. 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:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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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