U.S. - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in the United States - 2023
Contents:
- Sesame Seed Price in the United States (CIF) - 2022
- Sesame Seed Price in the United States (FOB) - 2023
- Sesame Seed Imports in the United States
- Sesame Seed Exports in the United States
Sesame Seed Price in the United States (CIF) - 2022
The average sesame seed import price stood at $2,479 per ton in December 2022, growing by 3.5% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 an increase of 6.6% month-to-month. Over the period under review, average import prices reached the peak figure at $2,591 per ton in March 2022; however, from April 2022 to December 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Mexico ($2,849 per ton) and Turkey ($2,764 per ton), while the price for India ($2,389 per ton) and Paraguay ($2,403 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in the United States (FOB) - 2023
The average sesame seed export price stood at $2,096 per ton in September 2023, surging by 15% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 35% against the previous month. As a result, the export price reached the peak level of $2,445 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was India ($2,634 per ton), while the average price for exports to Mexico ($1,029 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 India (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sesame Seed Imports in the United States
After three years of growth, purchases abroad of sesame seed decreased by -6.9% to 35K tons in 2022. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 8.9%.
In value terms, sesame seed imports rose markedly to $86M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sesame Seed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 45.8 | 43.9 | 46.7 | 41.2 | -3.5% |
| Guatemala | 11.5 | 11.2 | 12.6 | 15.9 | 11.4% |
| Mexico | 6.4 | 5.3 | 4.2 | 5.9 | -2.7% |
| Nigeria | 3.6 | 3.3 | 1.7 | 3.9 | 2.7% |
| Pakistan | 4.0 | 1.5 | 0.8 | 3.5 | -4.4% |
| Paraguay | 0.1 | 0.5 | 2.2 | 3.3 | 220.8% |
| Bolivia | 1.1 | 1.2 | 1.3 | 2.8 | 36.5% |
| Turkey | 2.4 | 1.8 | 1.2 | 2.3 | -1.4% |
| Ethiopia | 2.2 | 1.8 | N/A | 1.0 | -23.1% |
| Argentina | 0.2 | 0.2 | 0.5 | 0.9 | 65.1% |
| Others | 3.8 | 5.9 | 5.4 | 5.7 | 14.5% |
| Total | 81.0 | 76.3 | 76.6 | 86.3 | 2.1% |
Top Suppliers of Sesame Seed to the United States in 2022:
- India (17.3K tons)
- Guatemala (6.1K tons)
- Mexico (2.1K tons)
- Nigeria (1.5K tons)
- Pakistan (1.4K tons)
- Paraguay (1.3K tons)
- Bolivia (1.1K tons)
- Turkey (0.8K tons)
- Ethiopia (0.5K tons)
- Argentina (0.5K tons)
Sesame Seed Exports in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of sesame seed, which decreased by -69.2% to 3.7K tons in 2022. Overall, exports continue to indicate a significant contraction. The smallest decline of -17.6% was in 2020.
In value terms, sesame seed exports shrank dramatically to $8.3M in 2022. Over the period under review, exports faced a sharp curtailment. The smallest decline of -14.2% was in 2021.
| Export of Sesame Seed in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.3 | 4.3 | 4.9 | 4.4 | 0.8% |
| India | N/A | 0.2 | 0.1 | 1.1 | 134.5% |
| Taiwan (Chinese) | N/A | N/A | 0.7 | 0.9 | 28.6% |
| Mexico | 11.6 | 6.5 | 6.2 | 0.9 | -57.3% |
| Jamaica | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Bolivia | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 7.9 | 9.4 | 5.9 | 0.1 | -76.7% |
| Myanmar | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Others | 1.0 | 0.6 | 0.4 | 0.6 | -15.7% |
| Total | 25.9 | 21.5 | 18.4 | 8.3 | -31.6% |
Top Export Markets for Sesame Seed from the United States in 2022:
- Canada (1695.5 tons)
- Mexico (738.4 tons)
- India (509.0 tons)
- Taiwan (Chinese) (330.1 tons)
- Jamaica (82.3 tons)
- Bolivia (56.6 tons)
- Japan (42.7 tons)
This report provides an in-depth analysis of the sesame seed market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
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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