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Greece - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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Greece: Sesame Seed Market Overview 2021

Sesame Seed Market Size in Greece

After three years of growth, the Greek sesame seed market decreased by -X% to $X in 2020. In general, the total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.

Sesame Seed Production in Greece

In value terms, sesame seed production shrank to $X in 2020 estimated in export prices. Over the period under review, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

In 2020, the average sesame seed yield in Greece shrank rapidly to X tonnes per ha, waning by -X% on the year before. Over the period under review, the yield, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. from 2016 to 2020, the growth of the average sesame seed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sesame seed harvested area in Greece rose significantly to X ha in 2020, with an increase of X% compared with 2019 figures. Over the period under review, the harvested area recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. The sesame seed harvested area peaked in 2020 and is likely to continue growth in years to come.

Sesame Seed Exports

Exports from Greece

In 2020, the amount of sesame seed exported from Greece declined to X tonnes, which is down by -X% against the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, sesame seed exports reduced to $X in 2020. In general, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes), Romania (X tonnes) and India (X tonnes) were the main destinations of sesame seed exports from Greece, together accounting for X% of total exports. Australia, the U.S., the UK, Poland, France, Bulgaria, Japan, Turkey and Cyprus lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in France (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sesame seed exported from Greece were Germany ($X), Romania ($X) and Australia ($X), with a combined X% share of total exports. These countries were followed by the U.S., the UK, India, Poland, France, Bulgaria, Japan, Turkey and Cyprus, which together accounted for a further X the main countries of destination, France (+X% per year) recorded the highest rates of growth with regard to 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 average sesame seed export price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. Overall, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, sesame seed export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to India ($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 Turkey, while the prices for the other major destinations experienced more modest paces of growth.

Sesame Seed Imports

Imports into Greece

In 2020, approx. X tonnes of sesame seed were imported into Greece; remaining relatively unchanged against 2019 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, sesame seed imports contracted to $X in 2020. Overall, imports, however, posted notable growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

India (X tonnes), Sudan (X tonnes) and Nigeria (X tonnes) were the main suppliers of sesame seed imports to Greece, together accounting for X% of total imports. These countries were followed by Turkey, Ethiopia and Mozambique, which together accounted for a further X 2007 to 2020, the biggest increases were in Mozambique, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Greece were India ($X), Sudan ($X) and Nigeria ($X), together comprising X% of total imports. These countries were followed by Turkey, Ethiopia and Mozambique, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sesame seed import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, import price indicated moderate growth 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. Based on 2020 figures, sesame seed import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Ethiopia ($X per tonne) and India ($X per tonne), while the price for Sudan ($X per tonne) and Mozambique ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Nigeria, 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 seed in the world?
+
The countries with the highest volumes of sesame seed consumption in 2020 were China (1.4M tonnes), Sudan (1.2M tonnes) and Myanmar (613K tonnes), together accounting for 45% of global consumption. Tanzania, India, Burkina Faso, Nigeria, Japan, Turkey, Chad and Uganda lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of sesame seed in the world?
+
Sudan (1.6M tonnes) remains the largest sesame seed producing country worldwide, comprising approx. 23% of total volume. Moreover, sesame seed production in Sudan exceeded the figures recorded by the second-largest producer, Tanzania (769K tonnes), twofold. Myanmar (748K tonnes) ranked third in terms of total production with a 10% share.
What are the leading suppliers of sesame seed to Greece?
+
In value terms, the largest sesame seed suppliers to Greece were India ($16M), Sudan ($14M) and Nigeria ($7.7M), with a combined 74% share of total imports. Turkey, Ethiopia and Mozambique lagged somewhat behind, together comprising a further 22%.
What are the leading importers of sesame seed from Greece?
+
In value terms, Germany ($728K), Romania ($590K) and Australia ($370K) constituted the largest markets for sesame seed exported from Greece worldwide, together comprising 40% of total exports. These countries were followed by the U.S., the UK, India, Poland, France, Bulgaria, Japan, Turkey and Cyprus, which together accounted for a further 45%.
What is the average export price for sesame seed in Greece?
+
The average sesame seed export price stood at $2,532 per tonne in 2020, leveling off at the previous year.
What is the average import price for sesame seed in Greece?
+
In 2020, the average sesame seed import price amounted to $1,625 per tonne, declining by -11.3% against the previous year.

Product coverage:
• FCL 289 - Sesame seed

This report provides an in-depth analysis of the sesame seed market in Greece. 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:
• Greece

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Greece
• 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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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