Turkey: Sesame Seed Market 2024

Sesame Seed Market Size in Turkey

In 2022, the Turkish sesame seed market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sesame seed consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Sesame Seed Production in Turkey

In value terms, sesame seed production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by X%. Sesame seed production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average yield of sesame seed in Turkey rose modestly to X kg per ha, surging by X% compared with 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the yield increased by X%. Over the period under review, the average sesame seed yield hit record highs at X kg per ha in 2020; however, from 2021 to 2022, the yield stood 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.

In 2022, approx. X ha of sesame seed were harvested in Turkey; remaining constant against 2021. Over the period under review, the harvested area, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. The sesame seed harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Sesame Seed Exports

Exports from Turkey

For the seventh consecutive year, Turkey recorded growth in shipments abroad of sesame seed, which increased by X% to X tons in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, sesame seed exports expanded sharply to $X in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Iraq (X tons), Syrian Arab Republic (X tons) and Greece (X tons) were the main destinations of sesame seed exports from Turkey, together comprising X% of total exports. Israel, Poland, Italy, Lebanon, Japan, Romania, Germany, Bulgaria, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sesame seed exported from Turkey were Iraq ($X), Syrian Arab Republic ($X) and Greece ($X), together comprising X% of total exports. Poland, Israel, Italy, Japan, Lebanon, Germany, Romania, Bulgaria, the United States and the Netherlands lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced a decline.

Sesame Seed Imports

Imports into Turkey

In 2022, overseas purchases of sesame seed decreased by X% to X tons, falling for the second year in a row after nine years of growth. Overall, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sesame seed imports rose slightly to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chad (X tons), Sudan (X tons) and Nigeria (X tons) were the main suppliers of sesame seed imports to Turkey, with a combined X% share of total imports. Brazil, Egypt, Burkina Faso, Ethiopia, India and Mozambique lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Turkey were Chad ($X), Sudan ($X) and Nigeria ($X), together accounting for X% of total imports. Brazil, Egypt, Ethiopia, Burkina Faso, India and Mozambique lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Brazil, with a CAGR of X%, recorded 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

In 2022, the average sesame seed import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, 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%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Egypt ($X per ton) and India ($X per ton), while the price for Brazil ($X per ton) and Mozambique ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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