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Turkey - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Turkey - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights

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Sep 2, 2023

Slight Rise: Turkey's Sesame Seed Price Climbs to $1,920/Ton

Turkey Sesame Seed Import Price in March 2023

In March 2023, the sesame seed price stood at $1,920 per ton (CIF, Turkey), surging by 2.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in February 2023 an increase of 12% m-o-m. The import price peaked in March 2023.

Average prices varied somewhat amongst the major supplying countries. In March 2023, the countries with the highest prices were Sudan ($2,106 per ton) and Chad ($1,958 per ton), while the price for Nigeria ($1,597 per ton) and Brazil ($1,625 per ton) were amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Sudan (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Turkey Sesame Seed Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Sesame Seed in Turkey (USD per ton)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
Sudan1,5991,5631,5731,6441,3731,5721,6521,7101,6761,5811,6021,8812,106
Chad1,6321,5841,6321,5451,6351,6231,7441,6961,6551,6861,8151,9781,958
Ethiopia1,6981,865N/A1,6912,5932,4351,7002,6501,7051,7121,6961,7881,906
NigerN/AN/AN/AN/AN/AN/A8,0001,514N/A1,5331,5881,7511,833
Gambia1,5381,4821,478N/AN/AN/AN/AN/AN/AN/A1,5031,5451,818
Brazil1,461N/A1,3551,4001,4001,4271,7111,6321,5031,5101,4831,8341,625
Nigeria1,6311,5831,6021,5891,6591,5981,5121,5551,5661,6751,7411,6671,597
Average1,6141,5821,6081,5731,6121,5781,6801,6931,6281,6501,6641,8711,920

Turkey Sesame Seed Imports

For the third consecutive month, Turkey recorded growth in supplies from abroad of sesame seed, which increased by 9.5% to 32K tons in March 2023. Overall, imports recorded a temperate expansion. The most prominent rate of growth was recorded in February 2023 when imports increased by 97% m-o-m. Over the period under review, imports hit record highs in March 2023.

In value terms, sesame seed imports expanded markedly to $61M (IndexBox estimates) in March 2023. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in February 2023 when imports increased by 121% m-o-m. Imports peaked in March 2023.

Turkey Sesame Seed Imports by Country

Chad (14K tons), Sudan (7.4K tons) and Togo (2.4K tons) were the main suppliers of sesame seed imports to Turkey, together accounting for 74% of total imports. These countries were followed by Ethiopia, Niger, Nigeria, Gambia, Brazil, Pakistan, Burkina Faso and Egypt, which together accounted for a further 23%.

From March 2022 to March 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Niger (with a CAGR of +947.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Turkey were Chad ($27M), Sudan ($16M) and Togo ($4.1M), together accounting for 76% of total imports. These countries were followed by Ethiopia, Niger, Gambia, Nigeria, Brazil, Pakistan, Burkina Faso and Egypt, which together accounted for a further 21%.

In terms of the main suppliers, Niger, with a CAGR of +719.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sesame seed market in Turkey. 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:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD

  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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