Report Update Nov 1, 2024

Croatia - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Sesame Oil Market 2024

Sesame Oil Market Size in Croatia

In 2022, the Croatian sesame oil market increased by 20% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a strong expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Sesame Oil Exports

Exports from Croatia

In 2022, exports of sesame oil from Croatia fell rapidly to X kg, shrinking by -25.1% against 2021. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 181%. The exports peaked at X kg in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sesame oil exports shrank notably to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 129%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Montenegro (X kg), Bosnia and Herzegovina (X kg) and Slovenia (X kg) were the main destinations of sesame oil exports from Croatia, together accounting for 91% of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +65.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Montenegro ($X), Bosnia and Herzegovina ($X) and Slovenia ($X) appeared to be the largest markets for sesame oil exported from Croatia worldwide, with a combined 91% share of total exports.

Slovenia, with a CAGR of +67.4%, saw the highest growth rate of the value of exports, among 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

The average sesame oil export price stood at $X per ton in 2022, rising by 12% against the previous year. Overall, the export price, however, saw a pronounced setback. The growth pace was the most rapid in 2016 an increase of 69% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Slovenia ($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 Slovenia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sesame Oil Imports

Imports into Croatia

In 2022, approx. X tons of sesame oil were imported into Croatia; increasing by 30% compared with 2021. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 166% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sesame oil imports soared to $X in 2022. Over the period under review, imports showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 94%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of sesame oil imports to Croatia, with a combined 90% share of total imports. Austria, Italy and Slovenia lagged somewhat behind, together comprising a further 8.9%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +61.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) were the largest sesame oil suppliers to Croatia, together comprising 89% of total imports. Austria, Italy and Slovenia lagged somewhat behind, together comprising a further 10%.

Among the main suppliers, Austria, with a CAGR of +63.3%, 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

In 2022, the average sesame oil import price amounted to $X per ton, declining by -11.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($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 Czech Republic (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sesame oil in the world?

The countries with the highest volumes of sesame oil consumption in 2021 were China, Myanmar and India, with a combined 49% share of global consumption. These countries were followed by Japan, Turkey, Tanzania, Uganda, Nigeria, South Sudan, Saudi Arabia, Mexico, South Korea and Iran, which together accounted for a further 30%.

What are the largest producers of sesame oil in the world?

The countries with the highest volumes of sesame oil production in 2021 were China, Myanmar and India, together accounting for 51% of global production. Japan, Nigeria, Turkey, Tanzania, Uganda, Mexico, South Sudan, Saudi Arabia, South Korea and Sudan lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of sesame oil to Croatia?

In value terms, the largest sesame oil suppliers to Croatia were the Netherlands, Germany and Austria, together comprising 87% of total imports.

What are the leading importers of sesame oil from Croatia?

In value terms, Slovenia emerged as the key foreign market for sesame oil exports from Croatia, comprising 60% of total exports. The second position in the ranking was occupied by Montenegro $587), with a 16% share of total exports. It was followed by Bosnia and Herzegovina, with a 15% share.

What is the average export price for sesame oil in Croatia?

In 2021, the average sesame oil export price amounted to $10,180 per ton, reducing by -20.4% against the previous year.

What is the average import price for sesame oil in Croatia?

The average sesame oil import price stood at $8,401 per ton in 2021, increasing by 27% against the previous year.

This report provides an in-depth analysis of the sesame oil market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 290 - Oil of Sesame Seed

Country coverage:

Croatia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Croatia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023