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

Sesame Oil Market Size in Peru

The Peruvian sesame oil market soared to $X in 2020, surging 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 posted a buoyant increase. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2020 and is expected to retain growth in the immediate term.

Sesame Oil Exports

Exports from Peru

In 2020, shipments abroad of sesame oil increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to see gradual growth in the immediate term.

In value terms, sesame oil exports fell to $X in 2020. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then shrank in the following year.

Exports by Country

The UK (X tonnes) was the main destination for sesame oil exports from Peru, accounting for a X% share of total exports. It was followed by Chile (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK was relatively modest.

In value terms, the UK ($X) emerged as the key foreign market for sesame oil exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Chile ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2020, the average sesame oil export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Chile stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile.

Sesame Oil Imports

Imports into Peru

For the ninth year in a row, Peru recorded growth in purchases abroad of sesame oil, which increased by X% to X tonnes in 2020. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 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.

In value terms, sesame oil imports surged to $X in 2020. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, China (X tonnes) constituted the largest sesame oil supplier to Peru, with a X% share of total imports. Moreover, sesame oil imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tonnes), more than tenfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and Germany (+X% per year).

In value terms, China ($X) constituted the largest supplier of sesame oil to Peru, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average sesame oil import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, 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 comprising 51% of global consumption. Sudan, Japan, Uganda, Turkey, South Korea, Saudi Arabia, Mexico, Iran, Tanzania and the U.S. lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of sesame oil in the world?
+
China (306K tonnes) remains the largest sesame oil producing country worldwide, comprising approx. 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 Peru?
+
In value terms, China ($528K) constituted the largest supplier of sesame oil to Peru, comprising 68% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($79K), with a 10% share of total imports. It was followed by Germany, with a 9.9% share.
What are the leading importers of sesame oil from Peru?
+
In value terms, the UK ($28K) emerged as the key foreign market for sesame oil exports from Peru, comprising 94% of total exports. The second position in the ranking was occupied by Chile ($714), with a 2.4% share of total exports.
What is the average export price for sesame oil in Peru?
+
In 2020, the average sesame oil export price amounted to $3,286 per tonne, waning by -26.8% against the previous year.
What is the average import price for sesame oil in Peru?
+
In 2020, the average sesame oil import price amounted to $3,175 per tonne, surging by 18% 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 Peru. 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:
• Peru

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