Tunisia: Sesame Seed Market 2024

Sesame Seed Market Size in Tunisia

The Tunisian sesame seed market soared to $X in 2022, growing by 16% 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). Over the period under review, consumption, however, recorded a deep downturn. Sesame seed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sesame Seed Exports

Exports from Tunisia

In 2022, after four years of decline, there was significant growth in shipments abroad of sesame seed, when their volume increased by 8.6% to X tons. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 822%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sesame seed exports amounted to $X in 2022. Overall, exports, however, recorded a noticeable decline. The growth pace was the most rapid in 2014 when exports increased by 1,109%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Algeria (X tons) was the main destination for sesame seed exports from Tunisia, accounting for a 94% share of total exports. Moreover, sesame seed exports to Algeria exceeded the volume sent to the second major destination, Libya (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria stood at -9.1%.

In value terms, Algeria ($X) remains the key foreign market for sesame seed exports from Tunisia, comprising 96% of total exports. The second position in the ranking was held by Libya ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Algeria stood at -4.1%.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, approximately equating the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed export price increased by +33.6% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 43%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Libya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+18.4%).

Sesame Seed Imports

Imports into Tunisia

In 2022, after four years of decline, there was significant growth in supplies from abroad of sesame seed, when their volume increased by 13% to X tons. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 51%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sesame seed imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sudan (X tons) constituted the largest supplier of sesame seed to Tunisia, accounting for a 84% share of total imports. Moreover, sesame seed imports from Sudan exceeded the figures recorded by the second-largest supplier, Egypt (X tons), tenfold. Tanzania (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sudan amounted to -17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-4.0% per year) and Tanzania (-6.1% per year).

In value terms, Sudan ($X) constituted the largest supplier of sesame seed to Tunisia, comprising 82% of total imports. The second position in the ranking was held by Egypt ($X), with an 11% share of total imports. It was followed by Tanzania, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from Sudan stood at -15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+11.9% per year) and Tanzania (-7.2% per year).

Import Prices by Country

The average sesame seed import price stood at $X per ton in 2022, increasing by 3.3% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed import price increased by +74.3% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 28% against the previous year. 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 Egypt ($X per ton), while the price for Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform