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

Sesame Oil Market Size in South Africa

In 2020, the South African sesame oil market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Sesame Oil Production in South Africa

In value terms, sesame oil production expanded modestly to $X in 2020 estimated in export prices. Over the period under review, production recorded a tangible increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2010; however, from 2011 to 2020, production failed to regain the momentum.

Sesame Oil Exports

Exports from South Africa

In 2020, shipments abroad of sesame oil was finally on the rise to reach X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, exports posted a prominent expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sesame oil exports soared to $X in 2020. Over the period under review, exports recorded a perceptible expansion. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tonnes) was the main destination for sesame oil exports from South Africa, with a X% share of total exports. Moreover, sesame oil exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X tonnes), twofold. Botswana (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Swaziland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+X% per year) and Botswana (-X% per year).

In value terms, Namibia ($X), Swaziland ($X) and Malawi ($X) appeared to be the largest markets for sesame oil exported from South Africa worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Swaziland 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 oil export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Malawi ($X per tonne), while the average price for exports to Swaziland ($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 Democratic Republic of the Congo, while the prices for the other major destinations experienced more modest paces of growth.

Sesame Oil Imports

Imports into South Africa

Sesame oil imports into South Africa expanded markedly to X tonnes in 2020, growing by X% against the previous year's figure. In general, imports continue to indicate perceptible growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2019 to 2020, the growth imports remained at a lower figure.

In value terms, sesame oil imports expanded significantly to $X in 2020. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

China (X tonnes), the United Arab Emirates (X tonnes) and Taiwan (Chinese) (X tonnes) were the main suppliers of sesame oil imports to South Africa, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame oil suppliers to South Africa were Singapore ($X), Thailand ($X) and Mexico ($X), with a combined X% share of total imports. China, Hong Kong SAR, India, Lebanon, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together comprising a further X United Arab Emirates saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average sesame oil import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne, and then dropped in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per tonne), while the price for Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, 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. 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) remains the largest sesame oil producing country worldwide, 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. India (83K tonnes) ranked third in terms of total production with a 8.2% share.
What are the leading suppliers of sesame oil to South Africa?
+
In value terms, the largest sesame oil suppliers to South Africa were Singapore ($89K), Thailand ($77K) and Mexico ($77K), together accounting for 58% of total imports. China, Hong Kong SAR, India, Lebanon, the United Arab Emirates and Taiwan (Chinese) lagged somewhat behind, together comprising a further 38%.
What are the leading importers of sesame oil from South Africa?
+
In value terms, Namibia ($39K), Swaziland ($26K) and Malawi ($5.8K) constituted the largest markets for sesame oil exported from South Africa worldwide, together comprising 83% of total exports.
What is the average export price for sesame oil in South Africa?
+
The average sesame oil export price stood at $1,883 per tonne in 2020, reducing by -44.2% against the previous year.
What is the average import price for sesame oil in South Africa?
+
In 2020, the average sesame oil import price amounted to $2,818 per tonne, which is down by -8.3% 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 South Africa. 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:
• South Africa

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