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Estonia - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in Estonia - 2023
Contents:
- Sesame Oil Price in Estonia (CIF) - 2022
- Sesame Oil Price in Estonia (FOB) - 2022
- Sesame Oil Imports in Estonia
- Sesame Oil Exports in Estonia
Sesame Oil Price in Estonia (CIF) - 2022
The average sesame oil import price stood at $8,544 per ton in 2022, surging by 1.7% against the previous year. Overall, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2020 an increase of 21% against the previous year. The import price peaked at $11,265 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($15,748 per ton), while the price for Spain ($4,881 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in Estonia (FOB) - 2022
The average sesame oil export price stood at $11,230 per ton in 2022, surging by 30% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 32%. As a result, the export price attained the peak level of $16,440 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($12,067 per ton), while the average price for exports to Finland ($6,287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sesame Oil Imports in Estonia
Sesame oil imports into Estonia declined significantly to 13 tons in 2022, falling by -47% against the previous year's figure. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 199%. As a result, imports attained the peak of 24 tons, and then reduced sharply in the following year.
In value terms, sesame oil imports shrank notably to $111K in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 212% against the previous year. As a result, imports reached the peak of $205K, and then contracted remarkably in the following year.
Import of Sesame Oil in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 26.0 | 17.5 | 29.1 | 30.5 | 5.5% |
Thailand | 5.5 | 10.0 | 11.6 | 29.4 | 74.8% |
Latvia | 0.3 | 0.4 | 6.1 | 12.2 | 243.9% |
China | 6.1 | 4.5 | 7.2 | 12.1 | 25.6% |
Finland | 4.5 | 7.1 | 9.9 | 8.3 | 22.6% |
France | 4.3 | 9.4 | 10.2 | 5.8 | 10.5% |
Spain | N/A | N/A | N/A | 2.7 | 0% |
Hong Kong SAR | 7.1 | 1.1 | 0.7 | 1.2 | -44.7% |
United Kingdom | 3.7 | 2.7 | 116 | N/A | 459.9% |
Others | 16.3 | 13.1 | 14.6 | 8.5 | -19.5% |
Total | 73.7 | 65.7 | 205 | 111 | 14.6% |
Top Suppliers of Sesame Oil to Estonia in 2022:
- Netherlands (4.7 tons)
- Thailand (2.9 tons)
- China (1.4 tons)
- Latvia (1.1 tons)
- Finland (0.7 tons)
- France (0.7 tons)
- Spain (0.6 tons)
- Hong Kong SAR (0.2 tons)
Sesame Oil Exports in Estonia
In 2022, overseas shipments of sesame oil decreased by -77.8% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 191%. As a result, the exports attained the peak of 16 tons, and then dropped rapidly in the following year.
In value terms, sesame oil exports shrank markedly to $41K in 2022. In general, exports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 182%. As a result, the exports attained the peak of $141K, and then contracted notably in the following year.
Export of Sesame Oil in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 31.0 | 35.5 | 25.2 | 25.1 | -6.8% |
Latvia | 12.2 | 14.1 | 19.1 | 13.9 | 4.4% |
Finland | 0.1 | 0.2 | 96.9 | 1.8 | 162.1% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 43.3 | 50.1 | 141 | 40.8 | -2.0% |
Top Export Markets for Sesame Oil from Estonia in 2022:
- Lithuania (2.1 tons)
- Latvia (1.3 tons)
- Finland (0.3 tons)
This report provides an in-depth analysis of the sesame oil market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 290 - Oil of Sesame Seed
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the latest market trends in the global sesame oil industry with a projected increase in consumption over the next seven years. By 2030, market volume is expected to reach 1.2M tons and market value to rise to $6B.
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer
Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global sesame oil imports amounted to X thousand tons in 2015, approximately equating the previous year level.
In 2015, the country with the largest volume of the sesame oil output was Tanzania (X thousand tons), accounting for X% of global production.
Japan dominates in the global sesame oil trade. In 2014, Japan exported X thousand tons of sesame oil totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total sesame oil exports
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to