Peru: Sesame Seed Market 2025

Sesame Seed Market Size in Peru

In 2022, the Peruvian sesame seed market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption posted a resilient expansion. Sesame seed consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sesame Seed Production in Peru

In value terms, sesame seed production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.5% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 29%. Sesame seed production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average sesame seed yield in Peru stood at X kg per ha, approximately reflecting the year before. In general, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. The sesame seed yield peaked at X kg per ha in 2014; however, from 2015 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sesame seed were harvested in Peru; waning by -9.8% on 2021. In general, the total harvested area indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed harvested area increased by +12.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 26% against the previous year. The sesame seed harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Sesame Seed Exports

Exports from Peru

In 2022, the amount of sesame seed exported from Peru skyrocketed to X tons, picking up by 88% on 2021 figures. In general, exports showed a moderate increase. The pace of growth appeared the most rapid in 2013 when exports increased by 190%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, sesame seed exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 211%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for sesame seed exports from Peru, with a 97% share of total exports. It was followed by the United States (X kg), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Taiwan (Chinese) stood at +182.6%.

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for sesame seed exports from Peru, comprising 95% of total exports. The second position in the ranking was held by the United States ($X), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled +202.0%.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, with an increase of 8.5% against the previous year. In general, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 118%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Taiwan (Chinese) amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Seed Imports

Imports into Peru

In 2022, sesame seed imports into Peru expanded remarkably to X tons, rising by 11% compared with the previous year's figure. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 66%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sesame seed imports surged to $X in 2022. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 114% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Bolivia (X tons) and Brazil (X tons) were the main suppliers of sesame seed imports to Peru, together comprising 92% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +50.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Peru were India ($X), Bolivia ($X) and Guatemala ($X), with a combined 88% share of total imports.

Among the main suppliers, India, with a CAGR of +48.0%, 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 2022, the average sesame seed import price amounted to $X per ton, rising by 5.5% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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