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Finland - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Sesame Oil Market Overview 2021

Sesame Oil Market Size in Finland

The Finnish sesame oil market soared to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a remarkable increase. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to continue growth in the near future.

Sesame Oil Exports

Exports from Finland

In 2020, the amount of sesame oil exported from Finland soared to X kg, rising by X% compared with 2019 figures. Over the period under review, exports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, sesame oil exports soared to $X in 2020. Overall, exports, however, showed significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Estonia (X kg) was the main destination for sesame oil exports from Finland, with a X% share of total exports. Moreover, sesame oil exports to Estonia exceeded the volume sent to the second major destination, Norway (X kg), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and South Africa (X% per year).

In value terms, the largest markets for sesame oil exported from Finland were Norway ($X), South Africa ($X) and Estonia ($X), with a combined X% share of total exports.

Among the main countries of destination, Estonia (+X% per year) saw 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

In 2020, the average sesame oil export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price recorded significant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was South Africa ($X per tonne), while the average price for exports to Estonia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Sesame Oil Imports

Imports into Finland

In 2020, approx. X tonnes of sesame oil were imported into Finland; growing by X% on the previous year. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, sesame oil imports skyrocketed to $X in 2020. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

Italy (X tonnes), Sweden (X tonnes) and the Netherlands (X tonnes) were the main suppliers of sesame oil imports to Finland, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Italy, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame oil suppliers to Finland were the UK ($X), Italy ($X) and the Netherlands ($X), together accounting for X% of total imports.

In terms of the main suppliers, Italy saw the highest rates of growth with regard to 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 average sesame oil import price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sesame oil in the world?
+
The countries with the highest volumes of sesame oil consumption in 2020 were China (301K tonnes), Myanmar (153K tonnes) and India (73K tonnes), together accounting for 51% of global consumption. These countries were followed by Sudan, Japan, Uganda, Turkey, South Korea, Saudi Arabia, Mexico, Iran, Tanzania and the U.S., which together accounted for a further 31%.
What are the largest producers of sesame oil in the world?
+
China (306K tonnes) constituted the country with the largest volume of sesame oil production, accounting for 30% of total volume. Moreover, sesame oil production in China exceeded the figures recorded by the second-largest producer, Myanmar (153K tonnes), twofold. The third position in this ranking was occupied by India (83K tonnes), with a 8.2% share.
What are the leading suppliers of sesame oil to Finland?
+
In value terms, the UK ($161K), Italy ($132K) and the Netherlands ($123K) constituted the largest sesame oil suppliers to Finland, together comprising 53% of total imports.
What are the leading importers of sesame oil from Finland?
+
In value terms, the largest markets for sesame oil exported from Finland were Norway ($74K), South Africa ($43K) and Estonia ($6.3K), with a combined 100% share of total exports.
What is the average export price for sesame oil in Finland?
+
The average sesame oil export price stood at $128,538 per tonne in 2020, with an increase of 1,471% against the previous year.
What is the average import price for sesame oil in Finland?
+
The average sesame oil import price stood at $7,446 per tonne in 2020, reducing by -17.5% against the previous year.

Product coverage:
• FCL 290 - Oil of Sesame Seed

This report provides an in-depth analysis of the sesame oil market in Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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