Sudan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 15, 2024

Sudan - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights

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Sesame Oil Price in Sudan - 2022

Contents:

  1. Sesame Oil Price in Sudan (FOB) - 2022
  2. Sesame Oil Price in Sudan (CIF) - 2022
  3. Sesame Oil Exports in Sudan
  4. Sesame Oil Imports in Sudan

Sesame Oil Price in Sudan (FOB) - 2022

In 2022, the average sesame oil export price amounted to $3,327 per ton, with an increase of 53% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price 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 oil export price increased by +27.4% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($6,723 per ton), while the average price for exports to the United Arab Emirates ($1,820 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 the United States (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Oil Price in Sudan (CIF) - 2022

In 2022, the average sesame oil import price amounted to $7,200 per ton, waning by -5% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 92%. As a result, import price reached the peak level of $8,564 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($152,000 per ton), while the price for the United Arab Emirates ($6,009 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+584.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sesame Oil Exports in Sudan

In 2022, overseas shipments of sesame oil decreased by -78.1% to 114 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 56%. As a result, the exports reached the peak of 606 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sesame oil exports declined rapidly to $378K in 2022. In general, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sesame Oil in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia506657535225-23.7%
United Kingdom25921316376.0-33.5%
Canada54.689.285.230.7-17.5%
United Arab Emirates67.914918212.3-43.4%
Qatar86.975.652.88.5-53.9%
United States26.738.640.03.5-49.2%
Others13.249.768.022.118.7%
Total1,0141,2721,125378-28.0%

Top Export Markets for Sesame Oil from Sudan in 2022:

  1. Saudi Arabia (78.3 tons)
  2. United Kingdom (11.3 tons)
  3. Canada (7.6 tons)
  4. United Arab Emirates (6.8 tons)
  5. Qatar (3.7 tons)
  6. United States (0.8 tons)

Sesame Oil Imports in Sudan

For the fourth year in a row, Sudan recorded growth in overseas purchases of sesame oil, which increased by 26% to 135 kg in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sesame oil imports surged to $972 in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Sesame Oil in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20357050865547.8%
Saudi Arabia14.016.0126165127.6%
China19090.097.0152-7.2%
United KingdomN/AN/A80.0N/A0%
Lebanon158N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total56567681197219.8%

Top Suppliers of Sesame Oil to Sudan in 2022:

  1. United Arab Emirates (109.0 kg)
  2. Saudi Arabia (25.0 kg)
  3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sesame oil market in Sudan. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sudan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Sesame Oil - Sudan