Philippines - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
Philippines: Sesame Seed Market Overview 2020
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Sesame Seed Market Size in the Philippines
The revenue of the sesame seed market in the Philippines amounted to $X in 2018, approximately equating 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). In general, sesame seed consumption, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. In that year, the sesame seed market attained its peak level of $X, and then declined slightly in the following year.
Sesame Seed Exports
Exports from the Philippines
In 2018, the sesame seed exports from the Philippines stood at X kg, growing by X% against the previous year. Overall, sesame seed exports, however, continue to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Exports peaked at X kg in 2007; however, from 2008 to 2018, exports remained at a lower figure.
In value terms, sesame seed exports totaled $X in 2018. Over the period under review, sesame seed exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the immediate term.
Sesame Seed Imports
Imports into the Philippines
Sesame seed imports into the Philippines totaled X tonnes in 2018, shrinking by -X% against the previous year. In general, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sesame seed imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. In that year, sesame seed imports attained their peak of X tonnes, and then declined slightly in the following year.
In value terms, sesame seed imports totaled $X in 2018. Over the period under review, sesame seed imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Over the period under review, sesame seed imports reached their peak figure in 2018 and are expected to retain its growth in the near future.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the sesame seed market in the Philippines. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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