Uzbekistan: Sesame Seed Market 2024

Sesame Seed Market Size in Uzbekistan

For the fifth year in a row, the Uzbek sesame seed market recorded growth in sales value, which increased by 5.7% to $X in 2022. Over the period under review, consumption enjoyed a resilient expansion. Sesame seed consumption peaked in 2022 and is expected to retain growth in the immediate term.

Sesame Seed Production in Uzbekistan

In value terms, sesame seed production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 153%. Sesame seed production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of sesame seed in Uzbekistan dropped slightly to X tons per ha in 2022, with a decrease of -3.8% against 2021. Over the period under review, the yield indicated prominent growth from 2012 to 2022: its figure increased at an average annual rate of +7.0% 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 increased by +4.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the yield increased by 45%. Over the period under review, the average sesame seed yield reached the peak level at X tons per ha in 2019; however, from 2020 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.

In 2022, the total area harvested in terms of sesame seed production in Uzbekistan dropped to X ha, which is down by -5.8% on the previous year's figure. Over the period under review, the harvested area, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 105% against the previous year. The sesame seed harvested area peaked at X ha in 2021, and then fell in the following year.

Sesame Seed Exports

Exports from Uzbekistan

In 2022, the amount of sesame seed exported from Uzbekistan rose sharply to X tons, with an increase of 6.6% compared with 2021. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,772%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sesame seed exports fell notably to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 1,890% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for sesame seed exports from Uzbekistan, accounting for a 90% share of total exports. Moreover, sesame seed exports to Kyrgyzstan exceeded the volume sent to the second major destination, Azerbaijan (X tons), more than tenfold.

From 2017 to 2022, the average annual growth rate of volume to Kyrgyzstan stood at +229.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+43.3% per year) and Kazakhstan (+133.3% per year).

In value terms, Azerbaijan ($X), Kyrgyzstan ($X) and Kazakhstan ($X) were the largest markets for sesame seed exported from Uzbekistan worldwide, with a combined 96% share of total exports.

Kyrgyzstan, with a CAGR of +161.1%, saw the highest rates of growth with regard to the value of exports, among 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

The average sesame seed export price stood at $X per ton in 2022, waning by -81.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 66% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Seed Imports

Imports into Uzbekistan

In 2022, overseas purchases of sesame seed increased by 7,958% to X tons, rising for the third year in a row after two years of decline. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sesame seed imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Afghanistan (X tons) constituted the largest sesame seed supplier to Uzbekistan, with a 48% share of total imports. Moreover, sesame seed imports from Afghanistan exceeded the figures recorded by the second-largest supplier, Turkmenistan (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a 13% share.

From 2017 to 2022, the average annual growth rate of volume from Afghanistan amounted to +125.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkmenistan (+32,414.5% per year) and Turkey (+61.0% per year).

In value terms, Afghanistan ($X) constituted the largest supplier of sesame seed to Uzbekistan, comprising 48% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 21% share of total imports. It was followed by Turkmenistan, with a 9% share.

From 2017 to 2022, the average annual growth rate of value from Afghanistan totaled +200.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+73.4% per year) and Turkmenistan (+8,884.3% per year).

Import Prices by Country

The average sesame seed import price stood at $X per ton in 2022, with a decrease of -39.1% against the previous year. Over the period under review, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 93% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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