Central Asia: Sesame Oil Market 2025

Sesame Oil Market Size in Central Asia

The Central Asian sesame oil market dropped to $X in 2022, shrinking by -5.3% against the previous year. Over the period under review, consumption, however, recorded strong growth. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Sesame Oil Production in Central Asia

In value terms, sesame oil production reduced sharply to $X in 2022 estimated in export price. Overall, production, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of 177% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Sesame Oil Exports

Exports in Central Asia

For the ninth year in a row, Central Asia recorded growth in overseas shipments of sesame oil, which increased by 34% to X tons in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 258%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sesame oil exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 384%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Uzbekistan (X tons), distantly followed by Kazakhstan (X tons) represented the major exporters of sesame oil, together generating 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uzbekistan (with a CAGR of +81.6%).

In value terms, Uzbekistan ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Uzbekistan, with a CAGR of +106.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, declining by -7% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the export price increased by 35% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+13.6%).

Sesame Oil Imports

Imports in Central Asia

In 2022, the amount of sesame oil imported in Central Asia dropped modestly to X tons, declining by -2.1% compared with the previous year's figure. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2013 when imports increased by 109%. The volume of import peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, sesame oil imports declined slightly to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 37%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Kazakhstan (X tons) was the key importer of sesame oil, comprising 47% of total imports. Mongolia (X tons) held the second position in the ranking, followed by Uzbekistan (X tons) and Kyrgyzstan (X tons). All these countries together took near 52% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +15.0% from 2012 to 2022. At the same time, Uzbekistan (+59.3%), Kyrgyzstan (+25.9%) and Mongolia (+22.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +59.3% from 2012-2022. While the share of Uzbekistan (+17 p.p.), Kyrgyzstan (+5 p.p.) and Mongolia (+3.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (-25.9 p.p.) displayed negative dynamics.

In value terms, the largest sesame oil importing markets in Central Asia were Mongolia ($X), Kazakhstan ($X) and Kyrgyzstan ($X), with a combined 93% share of total imports. These countries were followed by Uzbekistan, which accounted for a further 4.8%.

Among the main importing countries, Uzbekistan, with a CAGR of +72.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, growing by 1.8% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+8.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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