Bolivia: Sesame Seed Market 2025

Sesame Seed Market Size in Bolivia

The Bolivian sesame seed market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, recorded a abrupt downturn. Sesame seed consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sesame Seed Production in Bolivia

In value terms, sesame seed production dropped to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.9% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 38%. Sesame seed production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In 2022, the average sesame seed yield in Bolivia fell slightly to X kg per ha, which is down by -2.4% on the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 10%. The sesame seed yield peaked at X kg per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the sesame seed harvested area in Bolivia fell slightly to X ha, standing approx. at the year before. In general, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 20%. The sesame seed harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

Sesame Seed Exports

Exports from Bolivia

In 2022, shipments abroad of sesame seed decreased by -9.1% to X tons for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted in the following year.

In value terms, sesame seed exports fell to $X in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 85%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

China (X tons) was the main destination for sesame seed exports from Bolivia, with a 33% share of total exports. Moreover, sesame seed exports to China exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +78.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-4.5% per year) and the Netherlands (+11.5% per year).

In value terms, the largest markets for sesame seed exported from Bolivia were China ($X), Japan ($X) and the Netherlands ($X), together accounting for 61% of total exports.

China, with a CAGR of +73.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, with an increase of 2.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 29%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sesame Seed Imports

Imports into Bolivia

In 2022, approx. X tons of sesame seed were imported into Bolivia; with an increase of 1,709% compared with the previous year. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sesame seed imports skyrocketed to $X in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Paraguay (X tons) was the main supplier of sesame seed to Bolivia, with a 93% share of total imports. Moreover, sesame seed imports from Paraguay exceeded the figures recorded by the second-largest supplier, Brazil (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Paraguay totaled +149,925.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+11.2% per year) and the United States (-17.5% per year).

In value terms, Paraguay ($X) constituted the largest supplier of sesame seed to Bolivia, comprising 93% of total imports. The second position in the ranking was taken by Brazil ($X), with a 5.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Paraguay stood at +79,970.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+1.5% per year) and the United States (-20.1% per year).

Import Prices by Country

In 2022, the average sesame seed import price amounted to $X per ton, reducing by -33.8% against the previous year. In general, the import price showed a perceptible decline. The pace of growth appeared the most rapid in 2016 when the average import price increased by 45%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform