Colombia - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Colombia - 2022
Contents:
- Sesame Seed Price in Colombia (CIF) - 2022
- Sesame Seed Price in Colombia (FOB) - 2022
- Sesame Seed Imports in Colombia
- Sesame Seed Exports in Colombia
Sesame Seed Price in Colombia (CIF) - 2022
The average sesame seed import price stood at $2,397 per ton in 2022, surging by 17% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.8% 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 +6.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
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 Mexico ($2,844 per ton), while the price for Peru ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in Colombia (FOB) - 2022
The average sesame seed export price stood at $1,966 per ton in 2022, surging by 35% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $2,200 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($2,364 per ton), while the average price for exports to Mexico stood at $1,591 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+1.9%), while the prices for the other major destinations experienced a decline.
Sesame Seed Imports in Colombia
In 2022, the amount of sesame seed imported into Colombia skyrocketed to 870 tons, increasing by 120% against 2021. In general, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sesame seed imports surged to $2.1M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sesame Seed in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 601 | 582 | 481 | 734 | 6.9% |
Venezuela | 312 | 636 | 259 | 607 | 24.8% |
Mexico | 99.7 | 1.8 | 4.9 | 416 | 61.0% |
India | 44.0 | 39.3 | 5.8 | 155 | 52.2% |
Bolivia | 5.2 | 31.5 | 10.9 | 91.5 | 160.1% |
Peru | N/A | N/A | N/A | 16.7 | 0% |
Others | 79.5 | 28.9 | 47.6 | 64.3 | -6.8% |
Total | 1,141 | 1,320 | 809 | 2,085 | 22.3% |
Top Suppliers of Sesame Seed to Colombia in 2022:
- Venezuela (290.6 tons)
- Guatemala (274.6 tons)
- Mexico (146.4 tons)
- India (64.9 tons)
- Bolivia (59.0 tons)
- Peru (20.4 tons)
Sesame Seed Exports in Colombia
In 2022, after three years of growth, there was significant decline in shipments abroad of sesame seed, when their volume decreased by -65.2% to 70 tons. In general, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 160%.
In value terms, sesame seed exports dropped significantly to $138K in 2022. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 169% against the previous year. As a result, the exports attained the peak of $431K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Sesame Seed in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | N/A | 400 | 163 | 80.4 | -55.2% |
Mexico | N/A | N/A | N/A | 57.3 | 0% |
Venezuela | 139 | N/A | N/A | N/A | 0% |
Netherlands | 21.0 | 31.5 | 130 | N/A | 148.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 160 | 431 | 293 | 138 | -4.8% |
Top Export Markets for Sesame Seed from Colombia in 2022:
- Mexico (36.0 tons)
- Ecuador (34.0 tons)
This report provides an in-depth analysis of the sesame seed market in Colombia. 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 289 - Sesame seed
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Explore the top import markets for sesame seeds including China, Turkey, Japan, South Korea, and Israel. Discover key statistics and market insights.
Ethiopia and India remain key exporters of sesame seed with a share of X% in the global exports in 2016. In that year, Ethiopia’s sesame seed exports increased significantly +X% y-o-y, amounting to $X>
From 2007 to 2016, the global sesame seed market showed an upward trend, reaching X tons in 2016. Over the last nine years, the sesame seed market expanded with a CAGR of +X%. The increased global consumption of sesame seeds is mainly due to the
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