China - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Import in China Surges 40% to 101K Tons in September 2022
China Sesame Seed Imports
In September 2022, supplies from abroad of sesame seed increased by 40% to 101K tons, rising for the second month in a row after four months of decline. Overall, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in August 2022 when imports increased by 77% m-o-m. Imports peaked at 159K tons in January 2022; however, from February 2022 to September 2022, imports remained at a lower figure.
In value terms, sesame seed imports soared to $161M (IndexBox estimates) in September 2022. In general, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in August 2022 with an increase of 84% month-to-month. Over the period under review, imports reached the maximum at 237K tons in January 2022; however, from February 2022 to September 2022, imports remained at a lower figure.
Imports by Country
In September 2022, Tanzania (49K tons) constituted the largest sesame seed supplier to China, accounting for a 49% share of total imports. Moreover, sesame seed imports from Tanzania exceeded the figures recorded by the second-largest supplier, Mozambique (15K tons), threefold. Ethiopia (8.9K tons) ranked third in terms of total imports with an 8.8% share.
From January 2022 to September 2022, the average monthly growth rate of volume from Tanzania stood at +61.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mozambique (-4.8% per month) and Ethiopia (-5.0% per month).
In value terms, Tanzania ($80M) constituted the largest supplier of sesame seed to China, comprising 50% of total imports. The second position in the ranking was taken by Mozambique ($24M), with a 15% share of total imports. It was followed by Ethiopia, with a 9.5% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Tanzania amounted to +62.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mozambique (-3.5% per month) and Ethiopia (-5.1% per month).
Import Prices by Country
In September 2022, the sesame seed price stood at $1,598 per ton (CIF, China), remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 3.6% month-to-month. Over the period under review, average import prices reached the maximum in September 2022.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the countries with the highest prices were Ethiopia ($1,722 per ton) and Tanzania ($1,631 per ton), while the price for Myanmar ($1,415 per ton) and Togo ($1,454 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Factors Affecting Sesame Seed Prices
Sesame seed prices in China have been on the rise in recent years, due to a number of factors. One of the main drivers of this price increase has been the growing demand for sesame seeds from the food industry. In particular, sesame seeds are used as a key ingredient in many Asian cuisines, and as such, the increasing popularity of these dishes has led to greater demand for the seeds.
Other factors that have contributed to rising sesame seed prices in China include limited supplies and poor weather conditions. For instance, droughts in major producing regions such as India and Africa have led to reduced crop yields, resulting in higher prices. In addition, the Chinese government's decision to impose tariffs on imports of sesame seeds has also made them more expensive.
Despite these challenges, there is still strong demand for sesame seeds in China, due to their nutritional value and distinct taste. As such, prices are likely to continue to rise in the future.
This report provides an in-depth analysis of the sesame seed market in China. 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 289 - Sesame seed
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
