United Kingdom - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Oil Price in the UK - 2023
Contents:
- Sesame Oil Price in the UK (CIF) - 2022
- Sesame Oil Price in the UK (FOB) - 2023
- Sesame Oil Imports in the UK
- Sesame Oil Exports in the UK
Sesame Oil Price in the UK (CIF) - 2022
In 2022, the average sesame oil import price amounted to $5,614 per ton, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 the United States ($17,307 per ton), while the price for Germany ($2,711 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Oil Price in the UK (FOB) - 2023
The average sesame oil export price stood at $7,873 per ton in August 2023, reducing by -3.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 70% m-o-m. The export price peaked at $10,095 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In August 2023, the countries with the highest prices were Austria ($9,040 per ton) and France ($8,974 per ton), while the average price for exports to Ireland ($6,528 per ton) and Germany ($6,960 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sesame Oil Imports in the UK
In 2022, overseas purchases of sesame oil decreased by -19.5% to 3.6K tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sesame oil imports contracted modestly to $20M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Sesame Oil in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 6.5 | 8.3 | 7.9 | 6.3 | -1.0% |
United States | 2.2 | 3.0 | 1.4 | 3.3 | 14.5% |
China | 2.0 | 1.9 | 2.2 | 2.4 | 6.3% |
France | 1.2 | 3.0 | 1.4 | 2.3 | 24.2% |
Singapore | 1.3 | 0.9 | 1.5 | 1.3 | 0.0% |
India | 1.4 | 2.1 | 1.6 | 1.1 | -7.7% |
Italy | N/A | N/A | N/A | 0.5 | 0% |
Malaysia | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
Japan | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
Netherlands | 0.8 | 0.9 | 1.0 | 0.4 | -20.6% |
Hong Kong SAR | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
Germany | 0.6 | 0.6 | 0.7 | 0.2 | -30.7% |
Poland | 0.7 | 1.4 | 1.0 | N/A | 19.5% |
Others | 1.5 | 1.6 | 1.3 | 1.1 | -9.8% |
Total | 18.9 | 24.5 | 21.2 | 20.3 | 2.4% |
Top Suppliers of Sesame Oil to the UK in 2022:
- Mexico (1440.1 tons)
- China (463.6 tons)
- Singapore (307.6 tons)
- India (285.7 tons)
- United States (192.9 tons)
- Malaysia (146.6 tons)
- France (142.4 tons)
- Hong Kong SAR (82.1 tons)
- Netherlands (81.4 tons)
- Italy (72.6 tons)
- Germany (66.7 tons)
- Japan (65.7 tons)
- Poland (5.9 tons)
Sesame Oil Exports in the UK
In 2022, shipments abroad of sesame oil decreased by -6.9% to 703 tons, falling for the second year in a row after two years of growth. Overall, exports saw a mild curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 23%. As a result, the exports attained the peak of 913 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sesame oil exports surged to $5.1M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, the exports attained the peak of $6.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Sesame Oil in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,020 | 1,040 | 583 | 2,629 | 37.1% |
Germany | 954 | 1,149 | 696 | 573 | -15.6% |
Ireland | 680 | 921 | 510 | 539 | -7.5% |
France | 285 | 198 | 441 | 302 | 2.0% |
Netherlands | 622 | 834 | 580 | 221 | -29.2% |
Belgium | 290 | 140 | 142 | 119 | -25.7% |
Norway | 16.3 | 152 | 194 | 86.1 | 74.2% |
Czech Republic | 79.4 | 104 | 6.4 | 15.9 | -41.5% |
Spain | 134 | 369 | 62.8 | 9.7 | -58.3% |
Finland | 208 | 425 | 90.6 | 1.4 | -81.1% |
Others | 845 | 901 | 967 | 634 | -9.1% |
Total | 5,133 | 6,233 | 4,272 | 5,129 | -0.0% |
Top Export Markets for Sesame Oil from the UK in 2022:
- United States (268.6 tons)
- Ireland (146.8 tons)
- Germany (78.1 tons)
- France (49.4 tons)
- Netherlands (46.1 tons)
- Norway (21.0 tons)
- Belgium (16.2 tons)
- Czech Republic (1.7 tons)
- Spain (1.2 tons)
- Finland (0.2 tons)
This report provides an in-depth analysis of the sesame oil market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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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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
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.