EU: Sesame Seed Market 2024

Sesame Seed Market Size in the EU

The EU sesame seed market declined remarkably to $X in 2022, with a decrease of X% against the previous year. The market 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 level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sesame Seed Production in the EU

In value terms, sesame seed production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Estonia (X tons) remains the largest sesame seed producing country in the European Union, accounting for X% of total volume. Moreover, sesame seed production in Estonia exceeded the figures recorded by the second-largest producer, Greece (X tons), fourfold.

In Estonia, sesame seed production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Greece (X% per year) and Italy (X% per year).

In 2022, the average sesame seed yield in the European Union dropped modestly to X tons per ha, remaining constant against the year before. Over the period under review, the yield showed a noticeable contraction. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sesame seed were harvested in the European Union; remaining constant against 2021. The total harvested area indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed harvested area decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

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Sesame Seed Exports

Exports in the EU

In 2022, overseas shipments of sesame seed decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of X% from 2012 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 exports increased by X%. As a result, the exports reached the peak of X tons, and then declined sharply in the following year.

In value terms, sesame seed exports contracted to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Germany (X tons), Poland (X tons) and Austria (X tons) represented the major exporters of sesame seed, together constituting X% of total exports. Greece (X tons), Spain (X tons), Belgium (X tons), Italy (X tons), France (X tons) and Croatia (X tons) took a little share of total exports.

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

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Austria, Greece, Belgium, Spain, France, Italy and Croatia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export 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 most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Sesame Seed Imports

Imports in the EU

In 2022, purchases abroad of sesame seed decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw slight growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted markedly in the following year.

In value terms, sesame seed imports fell to $X in 2022. Total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Greece (X tons) and Germany (X tons) were the largest importers of sesame seed in the European Union, together reaching approx. X% of total imports. The Netherlands (X tons) took the next position in the ranking, followed by Poland (X tons), France (X tons), Italy (X tons) and Spain (X tons). All these countries together held near X% share of total imports. Romania (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed importing markets in the European Union were Germany ($X), Greece ($X) and the Netherlands ($X), together comprising X% of total imports. Poland, France, Italy, Spain and Romania lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import 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 most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Romania ($X per ton), while Greece ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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