Canada - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Canada - 2023
Contents:
- Sesame Seed Price in Canada (CIF) - 2023
- Sesame Seed Price in Canada (FOB) - 2023
- Sesame Seed Imports in Canada
- Sesame Seed Exports in Canada
Sesame Seed Price in Canada (CIF) - 2023
The average sesame seed import price stood at $2,648 per ton in September 2023, shrinking by -6.5% against the previous month. Overall, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 13% m-o-m. As a result, import price attained the peak level of $3,195 per ton. From August 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($3,344 per ton), while the price for Mozambique ($2,199 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in Canada (FOB) - 2023
The average sesame seed export price stood at $3,376 per ton in September 2023, picking up by 37% against the previous month. Over the period under review, the export price saw a modest expansion. The pace of growth appeared the most rapid in February 2023 an increase of 177% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,427 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($4,056 per ton), while the average price for exports to Barbados ($408 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Sesame Seed Imports in Canada
Sesame seed imports into Canada expanded slightly to 9.5K tons in 2022, with an increase of 3.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 10K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sesame seed imports surged to $25M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sesame Seed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.3 | 14.2 | 13.4 | 15.9 | 3.6% |
| Nigeria | 2.8 | 3.6 | 2.0 | 4.2 | 14.5% |
| Guatemala | 0.8 | 0.7 | 0.7 | 1.0 | 7.7% |
| Ethiopia | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| China | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Bolivia | N/A | N/A | N/A | 0.4 | 0% |
| Others | 2.9 | 2.5 | 2.7 | 2.9 | 0.0% |
| Total | 21.2 | 21.5 | 19.5 | 25.4 | 6.2% |
Top Suppliers of Sesame Seed to Canada in 2022:
- India (6.1K tons)
- Nigeria (1.7K tons)
- Guatemala (0.3K tons)
- China (0.2K tons)
- Bolivia (0.2K tons)
- Ethiopia (0.1K tons)
Sesame Seed Exports in Canada
Sesame seed exports from Canada soared to 892 tons in 2022, picking up by 29% compared with the previous year's figure. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sesame seed exports surged to $2.1M in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Sesame Seed in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,569 | 1,983 | 1,687 | 1,924 | 7.0% |
| France | 0.1 | 0.1 | 8.1 | 54.0 | 714.3% |
| Dominican Republic | 2.8 | 0.5 | N/A | 35.8 | 133.8% |
| Barbados | 40.0 | 41.2 | 36.5 | 30.1 | -9.0% |
| India | N/A | N/A | N/A | 27.8 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 11.0 | 0% |
| Turkey | N/A | N/A | 40.4 | N/A | 0% |
| Others | 1.0 | 4.9 | 0.5 | 2.6 | 37.5% |
| Total | 1,613 | 2,030 | 1,773 | 2,086 | 8.9% |
Top Export Markets for Sesame Seed from Canada in 2022:
- United States (511.2 tons)
- France (127.8 tons)
- Dominican Republic (84.0 tons)
- Barbados (70.3 tons)
- India (66.8 tons)
- United Arab Emirates (26.0 tons)
This report provides an in-depth analysis of the sesame seed market in Canada. 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 289 - Sesame seed
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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