Chile: Sesame Seed Market 2025

Sesame Seed Market Size in Chile

The Chilean sesame seed market dropped dramatically to $X in 2022, waning by -46.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed a prominent increase. As a result, consumption attained the peak level of $X, and then fell rapidly in the following year.

Sesame Seed Exports

Exports from Chile

In 2022, overseas shipments of sesame seed were finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant decrease. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sesame seed exports skyrocketed to $X in 2022. Overall, exports, however, showed a precipitous slump. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for sesame seed exports from Chile, accounting for a 83% share of total exports. Moreover, sesame seed exports to the Netherlands exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

From 2019 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and Estonia (-85.2% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for sesame seed exports from Chile, comprising 83% of total exports. The second position in the ranking was held by Canada ($X), with a 3% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled -24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (0.0% per year) and Estonia (-94.5% per year).

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, dropping by -66.4% against the previous year. In general, the export price recorded a sharp descent. The most prominent rate of growth was recorded in 2021 an increase of 207% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.0%).

Sesame Seed Imports

Imports into Chile

In 2022, approx. X tons of sesame seed were imported into Chile; waning by -52.4% on the previous year. In general, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 103%. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, sesame seed imports contracted significantly to $X in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

India (X tons), Mexico (X tons) and Argentina (X tons) were the main suppliers of sesame seed imports to Chile, with a combined 75% share of total imports. Paraguay, Venezuela, Guatemala, China, Bolivia and the United States lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Paraguay (with a CAGR of +314.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Chile were India ($X), Mexico ($X) and Paraguay ($X), with a combined 73% share of total imports.

Among the main suppliers, Paraguay, with a CAGR of +243.2%, saw 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 average sesame seed import price stood at $X per ton in 2022, increasing by 23% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 26%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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