Myanmar - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Myanmar - 2022
Contents:
- Sesame Seed Price in Myanmar (FOB) - 2022
- Sesame Seed Price in Myanmar (CIF) - 2022
- Sesame Seed Exports in Myanmar
- Sesame Seed Imports in Myanmar
Sesame Seed Price in Myanmar (FOB) - 2022
In December 2022, the average sesame seed export price amounted to $1,641 per ton, approximately reflecting the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in May 2022 an increase of 18% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,655 per ton in June 2022; however, from July 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In December 2022, the highest price was recorded for prices to China ($1,672 per ton) and Thailand ($1,568 per ton), while the average price for exports to Taiwan (Chinese) ($1,383 per ton) and Japan ($1,542 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sesame Seed Price in Myanmar (CIF) - 2022
The average sesame seed import price stood at $1,500 per ton in 2022, rising by 25% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The import price peaked at $1,820 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +6.6% per year.
Sesame Seed Exports in Myanmar
In 2022, after three years of growth, there was significant decline in shipments abroad of sesame seed, when their volume decreased by -40.9% to 102K tons. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 35% against the previous year.
In value terms, sesame seed exports reduced markedly to $144M in 2022. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 23%.
| Export of Sesame Seed in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 198 | 267 | 305 | 114 | -16.8% |
| Thailand | 10.2 | 6.9 | 8.0 | 8.8 | -4.8% |
| Taiwan (Chinese) | 8.2 | 6.4 | 6.7 | 7.9 | -1.2% |
| Japan | 11.4 | 7.6 | 7.4 | 7.6 | -12.6% |
| Singapore | 13.9 | 8.9 | 8.9 | 4.0 | -34.0% |
| Others | 2.9 | 3.0 | 6.0 | 2.2 | -8.8% |
| Total | 244 | 300 | 342 | 144 | -16.1% |
Top Export Markets for Sesame Seed from Myanmar in 2022:
- China (80.5K tons)
- Taiwan (Chinese) (5.9K tons)
- Thailand (5.5K tons)
- Japan (4.9K tons)
- Singapore (3.1K tons)
Sesame Seed Imports in Myanmar
In 2022, approx. 450 tons of sesame seed were imported into Myanmar; which is down by -67.1% against 2021 figures. Over the period under review, imports faced a sharp setback. The smallest decline of -41.6% was in 2020.
In value terms, sesame seed imports reduced rapidly to $675K in 2022. Overall, imports continue to indicate a significant contraction. The smallest decline of -46.6% was in 2020.
| Import of Sesame Seed in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 555 | 948 | 124 | 675 | 6.7% |
| Nigeria | 2,216 | 293 | 200 | N/A | -70.0% |
| Japan | 1,384 | 1,290 | 697 | N/A | -29.0% |
| Togo | 389 | 146 | 97.6 | N/A | -49.9% |
| United States | 698 | 173 | 148 | N/A | -54.0% |
| India | 515 | 213 | 195 | N/A | -38.5% |
| Tanzania | 194 | 359 | N/A | N/A | 85.1% |
| Sudan | 533 | N/A | N/A | N/A | 0% |
| Chad | 275 | N/A | N/A | N/A | 0% |
| Pakistan | 404 | 274 | 93.7 | N/A | -51.8% |
| Others | 489 | 393 | 93.0 | N/A | -56.4% |
| Total | 7,654 | 4,089 | 1,649 | 675 | -55.5% |
Top Suppliers of Sesame Seed to Myanmar in 2022:
- Paraguay (450.3 tons)
This report provides an in-depth analysis of the sesame seed market in Myanmar. 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:
- Myanmar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Myanmar
- 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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