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

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Algeria: Sesame Oil Market 2024

Sesame Oil Market Size in Algeria

The Algerian sesame oil market was finally on the rise to reach $X in 2022, after seven years of decline. Over the period under review, consumption, however, showed a sharp slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sesame Oil Production in Algeria

In value terms, sesame oil production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 26%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Sesame Oil Exports

Exports from Algeria

In 2021, approx. X kg of sesame oil were exported from Algeria; remaining constant against 2020 figures. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 185% against the previous year. As a result, the exports reached the peak of X kg. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, sesame oil exports stood at $X in 2021. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 15%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

From 2014 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2014 to 2021, the average annual rate of growth in terms of value to No country was relatively modest.

Sesame Oil Imports

Imports into Algeria

In 2022, overseas purchases of sesame oil increased by 7.9% to X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 143% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sesame oil imports surged to $X in 2022. In general, imports, however, showed a dramatic decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 127%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X kg) constituted the largest sesame oil supplier to Algeria, with a 52% share of total imports. Moreover, sesame oil imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X kg), threefold. Lebanon (X kg) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-24.6% per year) and Lebanon (-27.6% per year).

In value terms, the largest sesame oil suppliers to Algeria were Lebanon ($X), China ($X) and Saudi Arabia ($X), together accounting for 71% of total imports. Pakistan, Jordan, India and Turkey lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, Jordan, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sesame oil import price amounted to $X per ton, rising by 12% against the previous year. In general, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 79%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of sesame oil consumption in 2021 were China, Myanmar and India, with a combined 49% share of global consumption. Japan, Turkey, Tanzania, Uganda, Nigeria, South Sudan, Saudi Arabia, Mexico, South Korea and Iran lagged somewhat behind, together comprising a further 30%.
The countries with the highest volumes of sesame oil production in 2021 were China, Myanmar and India, together comprising 51% of global production. These countries were followed by Japan, Nigeria, Turkey, Tanzania, Uganda, Mexico, South Sudan, Saudi Arabia, South Korea and Sudan, which together accounted for a further 32%.
In value terms, Lebanon, China and Saudi Arabia appeared to be the largest sesame oil suppliers to Algeria, with a combined 74% share of total imports.
In 2015, the average sesame oil export price amounted to $2,687 per ton, with a decrease of -59.5% against the previous year.
In 2021, the average sesame oil import price amounted to $3,283 per ton, dropping by -29.8% against the previous year.

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

  • Algeria

Data coverage:

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