Central Asia: Sesame Seed Market 2024

Sesame Seed Market Size in Central Asia

The Central Asian sesame seed market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption posted resilient growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Sesame Seed Production in Central Asia

In value terms, sesame seed production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 117% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Uzbekistan (X tons) constituted the country with the largest volume of sesame seed production, comprising approx. 91% of total volume. Moreover, sesame seed production in Uzbekistan exceeded the figures recorded by the second-largest producer, Tajikistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Uzbekistan amounted to +13.5%.

The average sesame seed yield fell slightly to X tons per ha in 2022, with a decrease of -3.1% against 2021. The yield indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed yield increased by +3.7% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. Over the period under review, the sesame seed yield reached the maximum level at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a 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, approx. X ha of sesame seed were harvested in Central Asia; declining by -5.2% on the previous year's figure. In general, the harvested area, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 90%. The level of harvested area peaked at X ha in 2021, and then reduced in the following year.

Sesame Seed Exports

Exports in Central Asia

In 2022, exports of sesame seed in Central Asia rose to X tons, surging by 2.4% against the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 1,358% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sesame seed exports fell notably to $X in 2022. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by 1,246%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Uzbekistan dominates exports structure, amounting to X tons, which was near 97% of total exports in 2022. Turkmenistan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the sesame seed exports, with a CAGR of +53.2% from 2012 to 2022. Turkmenistan (-13.8%) illustrated a downward trend over the same period. While the share of Uzbekistan (+97 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkmenistan (-83.8 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest sesame seed supplier in Central Asia, comprising 78% of total exports. The second position in the ranking was taken by Turkmenistan ($X), with a 17% share of total exports.

In Uzbekistan, sesame seed exports expanded at an average annual rate of +26.0% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, falling by -78% against the previous year. In general, the export price recorded a deep setback. The growth pace was the most rapid in 2017 an increase of 93% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkmenistan ($X per ton), while Uzbekistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+4.4%).

Sesame Seed Imports

Imports in Central Asia

In 2022, after two years of decline, there was significant growth in supplies from abroad of sesame seed, when their volume increased by 81% to X tons. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 595% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, sesame seed imports soared to $X in 2022. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 635%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Uzbekistan (X tons) was the largest importer of sesame seed, mixing up 47% of total imports. Kyrgyzstan (X tons) held the second position in the ranking, followed by Kazakhstan (X tons). All these countries together held approx. 51% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +73.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 96% share of total imports.

Uzbekistan, with a CAGR of +97.3%, recorded the highest growth rate of the value of imports, among the main importing countries 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, falling by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the import price increased by 26%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($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 (+14.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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