Russian Federation: Sesame Oil Market 2025

Sesame Oil Market Size in the Russian Federation

The Russian sesame oil market surged to $X in 2021, jumping by 57% against the previous year. Overall, consumption posted a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sesame Oil Production in the Russian Federation

In value terms, sesame oil production amounted to $X in 2021 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 66%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Sesame Oil Exports

Exports from the Russian Federation

In 2021, shipments abroad of sesame oil increased by 87% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 332% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, sesame oil exports surged to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 267% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for sesame oil exports from Russia, with a 47% share of total exports. Moreover, sesame oil exports to Kazakhstan exceeded the volume sent to the second major destination, Estonia (X tons), twofold. The third position in this ranking was held by Belarus (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to +129.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+102.4% per year) and Belarus (+44.5% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for sesame oil exports from Russia, comprising 49% of total exports. The second position in the ranking was taken by Belarus ($X), with a 14% share of total exports. It was followed by Estonia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Kazakhstan totaled +116.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+33.2% per year) and Estonia (+80.3% per year).

Export Prices by Country

In 2021, the average sesame oil export price amounted to $X per ton, dropping by -4.8% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Estonia ($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 Poland (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Sesame Oil Imports

Imports into the Russian Federation

In 2021, the amount of sesame oil imported into Russia skyrocketed to X tons, rising by 53% compared with 2020. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sesame oil imports surged to $X in 2021. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest sesame oil supplier to Russia, accounting for a 78% share of total imports. Moreover, sesame oil imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), ninefold. The third position in this ranking was held by South Korea (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+22.4% per year) and South Korea (+9.9% per year).

In value terms, China ($X) constituted the largest supplier of sesame oil to Russia, comprising 70% of total imports. The second position in the ranking was taken by Mexico ($X), with an 11% share of total imports. It was followed by South Korea, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+23.0% per year) and South Korea (+23.6% per year).

Import Prices by Country

In 2021, the average sesame oil import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sesame oil import price increased by +69.1% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 41%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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