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World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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Global Sesame Oil Market Overview 2021

Sesame Oil Market Size

In 2020, the global sesame oil market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the global market attained the peak level at $X in 2012; afterwards, it flattened through to 2020.

Sesame Oil Production

In value terms, sesame oil production rose sharply to $X in 2020 estimated in export prices. In general, the total production indicated a moderate expansion from 2007 to 2020: its value decreased 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, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level in 2020 and is likely to see steady growth in years to come.

Production By Country

China (X tonnes) constituted the country with the largest volume of sesame oil production, comprising approx. X% of total volume. Moreover, sesame oil production in China exceeded the figures recorded by the second-largest producer, Myanmar (X tonnes), twofold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (-X% per year) and India (-X% per year).

Sesame Oil Exports

Exports

Global sesame oil exports was estimated at X tonnes in 2020, picking up by X% against 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Global exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, sesame oil exports surged to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Global exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

The shipments of the five major exporters of sesame oil, namely India, Japan, China, Mexico and Taiwan (Chinese), represented more than half of total export. The following exporters - the Netherlands (X tonnes), Germany (X tonnes), the U.S. (X tonnes), Singapore (X tonnes), Viet Nam (X tonnes), Bangladesh (X tonnes), France (X tonnes) and South Korea (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by South Korea, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) were the countries with the highest levels of exports in 2020, together accounting for X% of global exports. These countries were followed by Taiwan (Chinese), Mexico, the Netherlands, Germany, Singapore, South Korea, France, the U.S., Viet Nam and Bangladesh, which together accounted for a further X terms of the main exporting countries, South Korea recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average sesame oil export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Korea ($X per tonne), while Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Sesame Oil Imports

Imports

In 2020, global sesame oil imports expanded slightly to X tonnes, picking up by X% compared with 2019 figures. Over the period under review, total imports indicated a notable increase from 2007 to 2020: its volume 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, imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum in 2020 and are expected to retain growth in years to come.

In value terms, sesame oil imports expanded rapidly to $X in 2020. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Global imports peaked in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

In 2020, the U.S. (X tonnes) represented the largest importer of sesame oil, creating X% of total imports. It was distantly followed by the UK (X tonnes), Canada (X tonnes) and France (X tonnes), together comprising a X% share of total imports. Japan (X tonnes), Taiwan (Chinese) (X tonnes), Australia (X tonnes), Hong Kong SAR (X tonnes), Germany (X tonnes), the Netherlands (X tonnes), the Philippines (X tonnes), Singapore (X tonnes) and China (X tonnes) occupied a minor share of total imports.

From 2007 to 2020, average annual rates of growth with regard to sesame oil imports into the U.S. stood at +X%. At the same time, Taiwan (Chinese) (+X%), the Philippines (+X%), France (+X%), the UK (+X%), Australia (+X%), the Netherlands (+X%), Canada (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. Singapore and Japan experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-X%) and China (-X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (+X p.p.), the UK (+X p.p.), the U.S. (+X p.p.) and France (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of Japan (-X p.p.), China (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported sesame oil worldwide, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

In the U.S., sesame oil imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Canada (+X% per year).

Import Prices by Country

The average sesame oil import price stood at $X per tonne in 2020, surging by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders 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), with a combined 51% share of global consumption. Sudan, Japan, Uganda, Turkey, South Korea, Saudi Arabia, Mexico, Iran, Tanzania and the U.S. lagged somewhat behind, together comprising 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. India (83K tonnes) ranked third in terms of total production with a 8.2% share.
What are the leading suppliers of sesame oil in the world?
+
In value terms, Japan ($62M), India ($35M) and China ($27M) were the countries with the highest levels of exports in 2020, together comprising 46% of global exports. Taiwan (Chinese), Mexico, the Netherlands, Germany, Singapore, South Korea, France, the U.S., Viet Nam and Bangladesh lagged somewhat behind, together accounting for a further 43%.
What are the leading importers of sesame oil in the world?
+
In value terms, the U.S. ($115M) constitutes the largest market for imported sesame oil worldwide, comprising 37% of global imports. The second position in the ranking was occupied by the UK ($24M), with a 7.9% share of global imports. It was followed by Canada, with a 5.3% share.
What is the average export price for sesame oil in the world?
+
The average sesame oil export price stood at $4,897 per tonne in 2020, picking up by 11% against the previous year.
What is the average import price for sesame oil in the world?
+
In 2020, the average sesame oil import price amounted to $4,599 per tonne, growing by 4.8% against the previous year.

Product coverage:
• FCL 290 - Oil of Sesame Seed

This report provides an in-depth analysis of the global sesame oil market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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