Croatia - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Croatia - 2023
Contents:
- Sesame Seed Price in Croatia (CIF) - 2023
- Sesame Seed Price in Croatia (FOB) - 2022
- Sesame Seed Imports in Croatia
- Sesame Seed Exports in Croatia
Sesame Seed Price in Croatia (CIF) - 2023
The average sesame seed import price stood at $2,748 per ton in August 2023, surging by 8.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 10% month-to-month. Over the period under review, average import prices hit record highs at $2,768 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($4,403 per ton), while the price for India ($2,414 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in Croatia (FOB) - 2022
In 2022, the average sesame seed export price amounted to $2,463 per ton, growing by 11% against the previous year. Over the period under review, export price indicated a modest increase 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 seed export price increased by +18.9% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 41%. Over the period under review, the average export prices attained the peak figure at $3,132 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kosovo ($2,593 per ton) and Albania ($2,572 per ton), while the average price for exports to Slovakia ($2,329 per ton) and Hungary ($2,365 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+147.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sesame Seed Imports in Croatia
In 2022, purchases abroad of sesame seed decreased by -6.8% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 1.2K tons, and then declined in the following year.
In value terms, sesame seed imports rose modestly to $2.7M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Sesame Seed in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,663 | 1,461 | 1,907 | 2,037 | 7.0% |
| Germany | 124 | 122 | 167 | 214 | 19.9% |
| Slovenia | 8.7 | 3.1 | 125 | 137 | 150.6% |
| Netherlands | 39.8 | 53.3 | 151 | 78.0 | 25.1% |
| Poland | 113 | 50.7 | 14.6 | 58.1 | -19.9% |
| Others | 120 | 164 | 207 | 153 | 8.4% |
| Total | 2,069 | 1,854 | 2,572 | 2,678 | 9.0% |
Top Suppliers of Sesame Seed to Croatia in 2022:
- India (930.1 tons)
- Germany (87.3 tons)
- Slovenia (50.2 tons)
- Netherlands (23.5 tons)
- Poland (19.5 tons)
Sesame Seed Exports in Croatia
After three years of growth, overseas shipments of sesame seed decreased by -3% to 657 tons in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% 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 +71.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 43%. As a result, the exports attained the peak of 677 tons, and then declined slightly in the following year.
In value terms, sesame seed exports expanded remarkably to $1.6M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Sesame Seed in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 351 | 527 | 595 | 546 | 15.9% |
| Hungary | N/A | 60.8 | 347 | 443 | 169.9% |
| Slovenia | 244 | 160 | 252 | 380 | 15.9% |
| Slovakia | 116 | 11.1 | 110 | 102 | -4.2% |
| Albania | 13.3 | 15.1 | 1.6 | 47.3 | 52.6% |
| Bosnia and Herzegovina | 100 | 58.1 | 81.6 | 32.1 | -31.5% |
| Kosovo | N/A | 26.6 | 27.5 | 29.7 | 5.7% |
| Poland | N/A | 75.0 | N/A | N/A | 0% |
| Others | 57.8 | 48.6 | 87.2 | 37.3 | -13.6% |
| Total | 883 | 982 | 1,502 | 1,617 | 22.3% |
Top Export Markets for Sesame Seed from Croatia in 2022:
- Romania (220.1 tons)
- Hungary (187.4 tons)
- Slovenia (149.0 tons)
- Slovakia (43.9 tons)
- Albania (18.4 tons)
- Bosnia and Herzegovina (13.0 tons)
- Kosovo (11.4 tons)
This report provides an in-depth analysis of the sesame seed market in Croatia. 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:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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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