MERCOSUR: Sesame Seed Market 2025

Sesame Seed Market Size in MERCOSUR

The MERCOSUR sesame seed market soared to $X in 2022, rising by 64% against the previous year. Overall, consumption posted a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sesame Seed Production in MERCOSUR

In value terms, sesame seed production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 78%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Paraguay (X tons) and Venezuela (X tons), together comprising 93% of total production.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +27.8%), while production for the other leaders experienced more modest paces of growth.

The average sesame seed yield contracted to X kg per ha in 2022, with a decrease of -8.5% on the previous year's figure. The yield indicated a mild increase from 2012 to 2022: its figure increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed yield decreased by -27.1% against 2019 indices. The pace of growth was the most pronounced in 2013 when the yield increased by 56% against the previous year. Over the period under review, the sesame seed yield attained the peak level at X kg per ha in 2014; however, from 2015 to 2022, the yield remained at a 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 expanded notably to X ha in 2022, increasing by 5% compared with 2021. Overall, the harvested area recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 62% against the previous year. Over the period under review, the harvested area dedicated to sesame seed production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Sesame Seed Exports

Exports in MERCOSUR

In 2022, shipments abroad of sesame seed decreased by -36.7% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 155% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sesame seed exports shrank significantly to $X in 2022. In general, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 94%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the major exporter of sesame seed in MERCOSUR, with the volume of exports accounting for X tons, which was approx. 62% of total exports in 2022. Paraguay (X tons) ranks second in terms of the total exports with a 28% share, followed by Venezuela (4.9%). Argentina (X tons) took a minor share of total exports.

Brazil was also the fastest-growing in terms of the sesame seed exports, with a CAGR of +84.0% from 2012 to 2022. At the same time, Argentina (+3.9%) displayed positive paces of growth. Paraguay experienced a relatively flat trend pattern. By contrast, Venezuela (-13.4%) illustrated a downward trend over the same period. While the share of Brazil (+62 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Paraguay (-27.1 p.p.) and Venezuela (-33.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sesame seed supplying countries in MERCOSUR were Brazil ($X), Paraguay ($X) and Venezuela ($X), with a combined 96% share of total exports.

Brazil, with a CAGR of +80.0%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, surging by 14% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+6.6%), while the other leaders experienced a decline in the export price figures.

Sesame Seed Imports

Imports in MERCOSUR

In 2022, the amount of sesame seed imported in MERCOSUR reduced to X tons, waning by -12.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 15% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sesame seed imports declined modestly to $X in 2022. Total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 32%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons), Brazil (X tons) and Argentina (X tons) represented the major importer of sesame seed in MERCOSUR, mixing up 68% of total import. Paraguay (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Chile (7.8%) and Colombia (6.6%). Ecuador (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Paraguay (with a CAGR of +50.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed importing markets in MERCOSUR were Brazil ($X), Peru ($X) and Argentina ($X), together comprising 69% of total imports. Chile, Paraguay, Colombia and Ecuador lagged somewhat behind, together comprising a further 27%.

Paraguay, with a CAGR of +40.0%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by 10% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 21%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform