Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iraq: Sesame Oil Market 2024

Sesame Oil Market Size in Iraq

The Iraqi sesame oil market contracted to $X in 2021, dropping by -14.4% against the previous year. Over the period under review, consumption, however, recorded a pronounced descent. Sesame oil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sesame Oil Production in Iraq

In value terms, sesame oil production reduced dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 132% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Sesame Oil Exports

Exports from Iraq

Sesame oil exports from Iraq surged to X tons in 2021, picking up by 337% against the previous year. In general, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sesame oil exports soared to $X in 2021. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for sesame oil exports from Iraq, with a 84% share of total exports. Moreover, sesame oil exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Canada (+17.0% per year).

In value terms, the United States ($X) remains the key foreign market for sesame oil exports from Iraq, comprising 81% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Canada (+24.7% per year).

Export Prices by Country

In 2021, the average sesame oil export price amounted to $X per ton, reducing by -11.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 98% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.6%).

Sesame Oil Imports

Imports into Iraq

Sesame oil imports into Iraq reduced notably to X tons in 2021, waning by -42.6% compared with 2020. In general, imports, however, enjoyed a notable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 209%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, sesame oil imports reduced notably to $X in 2021. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 216% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and South Korea (X tons) were the main suppliers of sesame oil imports to Iraq, together comprising 89% of total imports. The Netherlands lagged somewhat behind, comprising a further 8%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +107.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame oil suppliers to Iraq were India ($X), the Netherlands ($X) and South Korea ($X), together accounting for 80% of total imports.

The Netherlands, with a CAGR of +82.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sesame oil import price amounted to $X per ton, growing by 20% against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 116%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+67.8%), 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. Japan, Turkey, Tanzania, Uganda, Nigeria, South Sudan, Saudi Arabia, Mexico, South Korea and Iran lagged somewhat behind, together comprising 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 comprising 51% of global production. These countries were followed by Japan, Nigeria, Turkey, Tanzania, Uganda, Mexico, South Sudan, Saudi Arabia, South Korea and Sudan, which together accounted for a further 32%.

What are the leading suppliers of sesame oil to Iraq?

In value terms, the largest sesame oil suppliers to Iraq were the United Arab Emirates, India and the Netherlands, together comprising 80% of total imports. These countries were followed by South Korea and Lebanon, which together accounted for a further 19%.

What are the leading importers of sesame oil from Iraq?

In value terms, the United States, the Netherlands and Canada $714) were the largest markets for sesame oil exported from Iraq worldwide.

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

The average sesame oil export price stood at $2,252 per ton in 2021, standing approx. at the previous year.

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

In 2021, the average sesame oil import price amounted to $4,778 per ton, dropping by -13.3% against the previous year.

This report provides an in-depth analysis of the sesame oil market in Iraq. 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:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
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