Lithuania - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Lithuania - 2023
Contents:
- Sesame Seed Price in Lithuania (CIF) - 2023
- Sesame Seed Price in Lithuania (FOB) - 2022
- Sesame Seed Imports in Lithuania
- Sesame Seed Exports in Lithuania
Sesame Seed Price in Lithuania (CIF) - 2023
The average sesame seed import price stood at $2,709 per ton in September 2023, approximately mirroring the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 30% month-to-month. As a result, import price attained the peak level of $3,183 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($4,035 per ton), while the price for India ($2,500 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 Nigeria (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in Lithuania (FOB) - 2022
The average sesame seed export price stood at $1,857 per ton in 2022, increasing by 17% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 36%. Over the period under review, the average export prices hit record highs at $2,953 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($2,638 per ton), while the average price for exports to Poland ($1,169 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 Russia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sesame Seed Imports in Lithuania
After three years of growth, supplies from abroad of sesame seed decreased by -38.4% to 697 tons in 2022. Over the period under review, imports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports attained the peak of 1.1K tons, and then contracted notably in the following year.
In value terms, sesame seed imports declined to $1.7M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of $1.9M, and then contracted in the following year.
| Import of Sesame Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,036 | 793 | 528 | 904 | -4.4% |
| Pakistan | 101 | 96.9 | 268 | 271 | 39.0% |
| Poland | 26.5 | 51.8 | 127 | 141 | 74.6% |
| Nigeria | N/A | 294 | 282 | 84.0 | -46.5% |
| Latvia | 226 | 118 | 70.0 | 77.8 | -29.9% |
| Netherlands | 32.4 | 11.8 | 40.2 | 63.5 | 25.1% |
| Turkey | N/A | N/A | N/A | 42.6 | 0% |
| Austria | 188 | 6.6 | 72.0 | 40.7 | -40.0% |
| Germany | 23.5 | 176 | 434 | 24.3 | 1.1% |
| Guatemala | N/A | N/A | 118 | N/A | 0% |
| Others | 44.0 | 14.9 | 5.1 | 17.9 | -25.9% |
| Total | 1,678 | 1,562 | 1,946 | 1,667 | -0.2% |
Top Suppliers of Sesame Seed to Lithuania in 2022:
- India (408.3 tons)
- Pakistan (121.0 tons)
- Poland (36.3 tons)
- Nigeria (32.2 tons)
- Latvia (30.0 tons)
- Netherlands (24.2 tons)
- Turkey (18.0 tons)
- Austria (15.8 tons)
- Germany (6.4 tons)
Sesame Seed Exports in Lithuania
In 2022, overseas shipments of sesame seed decreased by -41.5% to 334 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 185% against the previous year.
In value terms, sesame seed exports contracted rapidly to $619K in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year.
| Export of Sesame Seed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 268 | 220 | 246 | 313 | 5.3% |
| Poland | 1.4 | 298 | 440 | 200 | 422.8% |
| Estonia | 33.4 | 36.9 | 59.0 | 70.4 | 28.2% |
| Belarus | 22.2 | 13.5 | 5.4 | 17.0 | -8.5% |
| Finland | N/A | 48.6 | 28.4 | 12.3 | -49.7% |
| India | N/A | 30.1 | 28.0 | N/A | -7.0% |
| Others | 39.6 | 67.4 | 101 | 6.7 | -44.7% |
| Total | 365 | 714 | 909 | 619 | 19.3% |
Top Export Markets for Sesame Seed from Lithuania in 2022:
- Poland (171.2 tons)
- Latvia (122.0 tons)
- Estonia (26.7 tons)
- Belarus (7.0 tons)
- Finland (5.3 tons)
This report provides an in-depth analysis of the sesame seed market in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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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