Global Sesame Seed Market 2024

Sesame Seed Market Size

In 2022, the global sesame seed market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sesame Seed Production

In value terms, sesame seed production fell modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Sudan (X tons), India (X tons) and Tanzania (X tons), together comprising X% of global production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Sudan (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.

The global average sesame seed yield declined slightly to X kg per ha in 2022, waning by X% compared with 2021 figures. Overall, the yield saw a slight slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the average sesame seed yield attained the peak level at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a 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, the total area harvested in terms of sesame seed production worldwide rose significantly to X ha, with an increase of X% against 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. The global harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Sesame Seed Exports

Exports

In 2022, global sesame seed exports fell to X tons, waning by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, sesame seed exports dropped to $X in 2022. Overall, total exports indicated a mild 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the global exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Sudan (X tons), distantly followed by India (X tons), Nigeria (X tons), Tanzania (X tons), Ethiopia (X tons), Myanmar (X tons) and Pakistan (X tons) were the major exporters of sesame seed, together generating X% of total exports. The following exporters - Chad (X tons), Burkina Faso (X tons), Mozambique (X tons), Mali (X tons), China (X tons) and Brazil (X tons) - together made up X% of total exports.

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

In value terms, the largest sesame seed supplying countries worldwide were Sudan ($X), India ($X) and Nigeria ($X), together comprising X% of global exports. Ethiopia, Pakistan, Myanmar, Tanzania, Chad, China, Mozambique, Mali, Burkina Faso and Brazil lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 seed export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Sesame Seed Imports

Imports

In 2022, supplies from abroad of sesame seed decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, total imports indicated a prominent increase 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 most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, global imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sesame seed imports rose modestly to $X in 2022. Overall, 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 increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) represented the largest importer of sesame seed, constituting X% of total imports. Turkey (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%). The following importers - South Korea (X tons), Iran (X tons), Saudi Arabia (X tons), Israel (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons) and the United States (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to sesame seed imports into China stood at X%. At the same time, Vietnam (X%), Iran (X%), Turkey (X%), Saudi Arabia (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Taiwan (Chinese), Israel and the United States experienced a relatively flat trend pattern. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sesame seed worldwide, comprising X% of global imports. The second position in the ranking was held by Turkey ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Japan (X% per year).

Import Prices by Country

The average sesame seed import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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