Czech Republic: Sesame Oil Market 2025

Sesame Oil Market Size in the Czech Republic

The Czech sesame oil market expanded significantly to $X in 2022, increasing by 7.3% against the previous year. Over the period under review, consumption continues to indicate a noticeable decline. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sesame Oil Production in the Czech Republic

In value terms, sesame oil production rose markedly to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 68%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Sesame Oil Exports

Exports from the Czech Republic

In 2022, overseas shipments of sesame oil increased by 68% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 266%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sesame oil exports shrank to $X in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 261%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for sesame oil exports from the Czech Republic, with a 62% share of total exports. Moreover, sesame oil exports to Slovakia exceeded the volume sent to the second major destination, Hungary (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia stood at +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+125.2% per year) and Poland (+72.6% per year).

In value terms, Slovakia ($X) remains the key foreign market for sesame oil exports from the Czech Republic, comprising 55% of total exports. The second position in the ranking was held by Hungary ($X), with a 17% share of total exports. It was followed by Poland, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+77.8% per year) and Poland (+69.8% per year).

Export Prices by Country

The average sesame oil export price stood at $X per ton in 2022, falling by -43.4% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 70% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($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 Germany (-0.6%), while the prices for the other major destinations experienced a decline.

Sesame Oil Imports

Imports into the Czech Republic

In 2022, the amount of sesame oil imported into the Czech Republic surged to X tons, growing by 94% compared with the previous year. Overall, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sesame oil imports soared to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of sesame oil imports to the Czech Republic, with a combined 78% share of total imports. China, France, Singapore, South Korea, the UK, India and Mexico lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +204.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame oil suppliers to the Czech Republic were Germany ($X), the United States ($X) and the Netherlands ($X), together accounting for 68% of total imports. France, South Korea, China, Singapore, the UK, Mexico and India lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, the UK, with a CAGR of +187.9%, 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

In 2022, the average sesame oil import price amounted to $X per ton, with a decrease of -31.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 46%. The import price peaked at $X per ton in 2021, and then contracted remarkably in the following year.

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 South Korea ($X per ton), while the price for the United States ($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 (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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