Argentina: Sesame Oil Market 2025

Sesame Oil Market Size in Argentina

In 2021, the Argentinian sesame oil market increased by 29% to $X, rising for the second year in a row after three years of decline. Overall, consumption posted a temperate increase. Sesame oil consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Sesame Oil Exports

Exports from Argentina

In 2021, shipments abroad of sesame oil increased by 2,425% to X kg, rising for the second consecutive year after three years of decline. Overall, exports, however, continue to indicate a sharp slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sesame oil exports shrank markedly to $X in 2021. In general, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by 20,050%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X kg) was the main destination for sesame oil exports from Argentina, accounting for a 95% share of total exports. Moreover, sesame oil exports to Brazil exceeded the volume sent to the second major destination, Chile (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil stood at -23.9%.

In value terms, Chile ($X) remains the key foreign market for sesame oil exports from Argentina, comprising 93% of total exports. The second position in the ranking was held by Brazil ($X), with a 6.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile amounted to +52.3%.

Export Prices by Country

The average sesame oil export price stood at $X per ton in 2021, shrinking by -96.6% against the previous year. In general, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,197% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then declined rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Chile ($X per ton), while the average price for exports to Brazil totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+71.7%).

Sesame Oil Imports

Imports into Argentina

In 2021, supplies from abroad of sesame oil increased by 24% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2016 when imports increased by 82% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, sesame oil imports surged to $X in 2021. Overall, imports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) constituted the largest supplier of sesame oil to Argentina, with a 37% share of total imports. Moreover, sesame oil imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+11.5% per year) and Japan (+3.0% per year).

In value terms, the largest sesame oil suppliers to Argentina were Brazil ($X), Japan ($X) and Taiwan (Chinese) ($X), together accounting for 61% of total imports. The UK, Lebanon, France and Spain lagged somewhat behind, together comprising a further 29%.

France, with a CAGR of +66.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sesame oil import price amounted to $X per ton, picking up by 6.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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