Oman: Sesame Oil Market 2025

Sesame Oil Market Size in Oman

The Omani sesame oil market rose remarkably to $X in 2021, with an increase of 8.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a resilient increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Sesame Oil Exports

Exports from Oman

In 2021, approx. X tons of sesame oil were exported from Oman; with an increase of 46% compared with 2020. Over the period under review, exports showed resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 835% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sesame oil exports skyrocketed to $X in 2021. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 340%. Over the period under review, the exports attained the peak figure in 2021 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 Oman, with a 69% share of total exports. Moreover, sesame oil exports to the United States exceeded the volume sent to the second major destination, Qatar (X tons), threefold. Yemen (X tons) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+31.4% per year) and Yemen (+17.5% per year).

In value terms, the largest markets for sesame oil exported from Oman were the United States ($X), Qatar ($X) and Yemen ($X), together comprising 100% of total exports.

Qatar, with a CAGR of +27.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average sesame oil export price amounted to $X per ton, with an increase of 7.2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 381%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+8.4%), while the prices for the other major destinations experienced a decline.

Sesame Oil Imports

Imports into Oman

In 2021, approx. X tons of sesame oil were imported into Oman; with an increase of 14% against 2020. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 53% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sesame oil imports expanded sharply to $X in 2021. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 59% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Lebanon (X tons) were the main suppliers of sesame oil imports to Oman, together accounting for 83% of total imports. Saudi Arabia, Yemen, Somalia, Turkey and Hong Kong SAR lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +87.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame oil suppliers to Oman were India ($X), the United Arab Emirates ($X) and Lebanon ($X), with a combined 81% share of total imports. These countries were followed by Yemen, Saudi Arabia, Somalia, Turkey and Hong Kong SAR, which together accounted for a further 16%.

Among the main suppliers, Saudi Arabia, with a CAGR of +76.9%, 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 2021, the average sesame oil import price amounted to $X per ton, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :