Ecuador: Sesame Seed Market 2025

Sesame Seed Market Size in Ecuador

The Ecuadorian sesame seed market contracted remarkably to $X in 2022, dropping by -22.2% against the previous year. Overall, consumption continues to indicate a mild shrinkage. Sesame seed consumption peaked at $X in 2021, and then shrank sharply in the following year.

Sesame Seed Production in Ecuador

In value terms, sesame seed production reduced markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 67% against the previous year. Sesame seed production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of sesame seed in Ecuador dropped slightly to X kg per ha, approximately mirroring the previous year. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 2.6% against the previous year. As a result, the yield attained the peak level of X kg per ha. From 2017 to 2022, the growth of the average sesame seed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sesame seed harvested area in Ecuador totaled X ha in 2022, remaining constant against 2021. Over the period under review, the harvested area recorded a slight reduction. The most prominent rate of growth was recorded in 2013 with a decrease of -4% against the previous year. The sesame seed harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Sesame Seed Exports

Exports from Ecuador

In 2022, after three years of growth, there was significant decline in overseas shipments of sesame seed, when their volume decreased by -15.8% to X tons. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 720%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, sesame seed exports expanded remarkably to $X in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by 282%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Peru (X tons) was the main destination for sesame seed exports from Ecuador, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Peru amounted to +10.5%.

In value terms, Peru ($X) also remains the key foreign market for sesame seed exports from Ecuador.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru amounted to +7.5%.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, rising by 27% against the previous year. In general, the export price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 84%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -2.7% per year.

Sesame Seed Imports

Imports into Ecuador

In 2022, approx. X tons of sesame seed were imported into Ecuador; declining by -22.6% against the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 105% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, sesame seed imports fell rapidly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 123% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Guatemala (X tons), India (X tons) and Mexico (X tons) were the main suppliers of sesame seed imports to Ecuador, with a combined 100% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of +24.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Guatemala ($X), India ($X) and Mexico ($X) appeared to be the largest sesame seed suppliers to Ecuador, together comprising 99% of total imports.

Among the main suppliers, Guatemala, with a CAGR of +19.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sesame seed import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 57%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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