Uzbekistan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Uzbekistan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights

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Sesame Oil Price in Uzbekistan - 2023

Contents:

  1. Sesame Oil Price in Uzbekistan (FOB) - 2022
  2. Sesame Oil Price in Uzbekistan (CIF) - 2022
  3. Sesame Oil Exports in Uzbekistan
  4. Sesame Oil Imports in Uzbekistan

Sesame Oil Price in Uzbekistan (FOB) - 2022

In 2022, the average sesame oil export price amounted to $5,503 per ton, dropping by -6.4% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $5,882 per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($10,211 per ton), while the average price for exports to Turkey ($4,259 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+67.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Oil Price in Uzbekistan (CIF) - 2022

The average sesame oil import price stood at $678 per ton in 2022, surging by 2.4% against the previous year. Overall, import price indicated a prominent expansion from 2017 to 2022: its price increased at an average annual rate of +8.3% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame oil import price increased by +68.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum at $708 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,656 per ton), while the price for China ($583 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sesame Oil Exports in Uzbekistan

In 2022, after three years of growth, there was significant decline in overseas shipments of sesame oil, when their volume decreased by -14.9% to 12 tons. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 223% against the previous year. As a result, the exports attained the peak of 14 tons, and then shrank in the following year.

In value terms, sesame oil exports contracted significantly to $65K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 361% against the previous year. As a result, the exports reached the peak of $82K, and then dropped sharply in the following year.

Export of Sesame Oil in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A30.20%
United States4.212.268.824.680.3%
KazakhstanN/A0.40.310.2405.0%
Russia0.52.710.5N/A358.3%
Others0.42.52.50.3-9.1%
Total5.117.882.165.3133.9%

Top Export Markets for Sesame Oil from Uzbekistan in 2022:

  1. Turkey (7.1 tons)
  2. United States (3.7 tons)
  3. Kazakhstan (1.0 tons)

Sesame Oil Imports in Uzbekistan

In 2022, supplies from abroad of sesame oil decreased by -12.1% to 45 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 278% against the previous year. As a result, imports attained the peak of 68 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sesame oil imports contracted to $30K in 2022. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 115%.

Import of Sesame Oil in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.922.620.023.2130.3%
South Korea2.33.93.14.323.2%
Kazakhstan8.40.95.21.7-41.3%
Others0.20.15.21.071.0%
Total12.827.533.630.233.1%

Top Suppliers of Sesame Oil to Uzbekistan in 2022:

  1. China (39.8 tons)
  2. South Korea (2.6 tons)
  3. Kazakhstan (2.0 tons)

Source: IndexBox Market Intelligence Platform

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

Product coverage:

  • FCL 290 - Oil of Sesame Seed

Country coverage:

  • Uzbekistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uzbekistan
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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