We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jun 18, 2018

Tanzania Dominates Global Sesame Oil Output

IndexBox has just published a new report "World: Sesame Oil - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.

The Global Sesame Oil Market Continues to Grow Robustly

In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion (IndexBox estimates). This figure reflects the total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).

Tanzania (X% of total consumption) remains the largest sesame oil consumer worldwide. It was followed by Myanmar (X%), China (X%), Mozambique (X%), India (X%), Japan (X%), Sudan (X%) and Turkey (X%). The other countries together accounted for approx. X% of global consumption.

In Tanzania, sesame oil consumption expanded at an average annual rate of +X% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Myanmar (+X% per year) and China (+X% per year).

Amongst the leading consuming countries, high levels of per capita consumption were recorded in Tanzania (X kg per person), Myanmar (X kg per person), Mozambique (X kg per person), which were significantly higher than the world average of X kg per person. China (X kg per person) and India (X kg per person) had the lowest volumes of sesame oil consumption.

The Global Consumption of Sesame Oil is Expected to Reach X Tons by 2025

Sesame oil is primarily used for food purposes, such as cooking oil for frying and baking. Also, sesame oil serves as the base for salad dressings, and as an ingredient in confections, baked goods, and processed foods. Sesame oil are now used for a variety of commercial and industrial purposes besides food: as the base for common household goods such as soaps, cosmetics, toiletries, candles, paints, and even biodiesel fuels.

Sesame is popular among African farmers, due to the fact that, unlike other crops, it is well adapted to the arid climate. Tanzania remains the largest producer of sesame oil and also dominates the global consumption of this product. High consumption was noted among other major producers of sesame oil from the countries of Africa and Asia. The African and Asian regions constitute the fastest developing sesame oil markets. The steady growth in demand being observed here is in line with rising household income figures and urbanization, as well as an increase in the use of sesame oil for food products and Asian dishes.

Driven by the anticipated growth of population and income level, the demand for high-quality oil will continue to grow. On the other hand, the growing popularity of healthy eating, as well as oil use for cooking worldwide should also support sesame oil consumption over the next nine years. Therefore, market performance is predicted to grow with an anticipated CAGR of +X% for the next nine year period, which is forecasted to bring the market volume to X tons by 2025.

Sesame Oil Production Experienced a Robust Expansion

Global production of sesame oil reached almost X tons in 2016, increasing tangibly over the last four years. Prior to that, it remained relatively stable from 2007 to 2012, and then the robust growth was recorded due to sesame industry expansion in Tanzania. Over the period under review, global sesame oil production attained its maximum volume in 2016, and is likely to continue its growth in the immediate term.

Tanzania Dominates Global Sesame Oil Output

Tanzania remains the key world sesame oil producing country, with an output of about X tons in 2016, which accounted for X% of total global output. The other major producers were Myanmar (X%), China (X%), India (X%) and Mozambique (X%). Sesame oil output in Tanzania skyrocketed from 2013-2016, boosted by rapid expansion of sesame industry in the country. Most of the major producing countries experienced a flat trend pattern with regard to sesame oil output.

Tanzania Emerged as the Fastest Growing Sesame Oil Exporter

In 2016, the volume of global exports totaled X tons, retaining the level of the previous year. This level was also X tons (or X%) less than the highest level of 2014. The volume of exports has increased significantly over the period from 2013-2014, slipping in 2015 by X%, and retaining this level in the following year.

Mexico (X% of total exports), India (X%), Japan (X%), Taiwan, Chinese (X%), Tanzania (X%), China (X%), Singapore (X%) constituted the main global suppliers of sesame oils. From 2007 to 2016, exports from Tanzania (+X%) increased robustly. The other countries with high paces of growth with regard to exports were India (+X% per year) and Singapore (+X% per year).

The U.S. Remains the Leading Importer of Sesame Oil

The volume of global imports totaled X tons in 2016, surging by X% after a pronounced decline over the year before. From 2009, imports grew gradually until peaking in 2013; then it seesawed through 2016.

In 2016, the U.S. (X tons) was the major exporter of sesame oil, with a share of X% of total imports. It was followed by China (X%), the UK (X%), Australia (X%), Taiwan, Chinese (X%), Japan (X%), Hong Kong, Chinese (X%), and Singapore (X%).

Amongst the major importing countries, China (+X% per year), Taiwan, Chinese (+X%), Singapore (+X%) and Australia (+X%) were the fastest growing over the last nine years. The U.S. (+X%) and the UK (+X%) experienced more modest paces o growth; the other main importers had negative dynamics.

From 2007 to 2016, China (+X percentage points), and Taiwan, Chinese (+X percentage points) saw their shares increased in the import structure, the shares of the other countries remained relatively stable throughout the analyzed period.

Do you want to know more about the global sesame oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • sesame oil market share
  • sesame oil pricessesame oil
  • sesame oil industry
  • sesame oil sales
  • sesame oil import
  • sesame oil export
  • sesame oil market forecast
  • sesame oil price forecast
  • key sesame oil producers

Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 290 - Oil of Sesame Seed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

Recommended posts

Free Data: Sesame Oil - World
Table
Sesame Oil - World - Table
Dashboard
Sesame Oil - World - Dashboard
Report
Sesame Oil - World - Report