EU: Sesame Oil Market 2024

Sesame Oil Market Size in the EU

The EU sesame oil market expanded remarkably to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Sesame Oil Production in the EU

In value terms, sesame oil production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Sesame Oil Exports

Exports in the EU

In 2022, shipments abroad of sesame oil decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell in the following year.

In value terms, sesame oil exports shrank to $X in 2022. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented the main exporters of sesame oil in 2022, resulting at approx. X% and X% of total exports, respectively. France (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%). The following exporters - Italy (X tons), Poland (X tons) and Austria (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Belgium, Italy, Poland and Austria lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and France ($X per ton), while the Netherlands ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Sesame Oil Imports

Imports in the EU

In 2022, imports of sesame oil in the European Union rose sharply to X tons, growing by X% on the previous year. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, sesame oil imports expanded rapidly to $X in 2022. Over the period under review, imports saw a prominent increase. The growth pace was the most rapid in 2020 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) represented roughly X% of total imports in 2022. Belgium (X tons) held the next position in the ranking, followed by Spain (X tons) and Italy (X tons). All these countries together took near X% share of total imports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Belgium, Spain, Italy and Poland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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