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Panama - Sesame Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSesame Seed Price in Panama - 2023
Contents:
- Sesame Seed Price in Panama (CIF) - 2022
- Sesame Seed Price in Panama (FOB) - 2022
- Sesame Seed Imports in Panama
- Sesame Seed Exports in Panama
Sesame Seed Price in Panama (CIF) - 2022
In 2022, the average sesame seed import price amounted to $3,579 per ton, surging by 12% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 50%. The import price peaked in 2022 and is expected to retain 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 the United States ($4,948 per ton), while the price for Guatemala ($3,197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sesame Seed Price in Panama (FOB) - 2022
The average sesame seed export price stood at $1,620 per ton in 2022, approximately mirroring the previous year. In general, the export price saw pronounced growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 1.5% against the previous year. Over the period under review, the average export prices attained the maximum at $1,870 per ton in 2017; however, from 2018 to 2022, the 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 France ($1,621 per ton), while the average price for exports to Colombia stood at $1,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.2%).
Sesame Seed Imports in Panama
In 2022, approx. 111 tons of sesame seed were imported into Panama; with a decrease of -1.8% against the year before. Over the period under review, imports saw a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year.
In value terms, sesame seed imports totaled $399K in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Sesame Seed in Panama (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guatemala | 63.9 | 112 | 118 | 225 | 52.1% |
China | 94.6 | 45.6 | 126 | 89.5 | -1.8% |
United States | 55.1 | 43.4 | 51.9 | 47.9 | -4.6% |
Free Zones | N/A | 2.3 | N/A | 17.1 | 172.7% |
India | 37.2 | 37.5 | 33.6 | 16.2 | -24.2% |
Hong Kong SAR | 9.3 | 5.9 | 17.5 | 2.0 | -40.1% |
Costa Rica | 27.9 | 25.7 | 9.0 | N/A | -43.2% |
Mexico | 67.8 | N/A | N/A | N/A | 0% |
Others | 4.5 | 7.9 | 8.0 | 0.4 | -55.4% |
Total | 360 | 280 | 364 | 399 | 3.5% |
Top Suppliers of Sesame Seed to Panama in 2022:
- Guatemala (70.5 tons)
- China (21.5 tons)
- United States (9.7 tons)
- Free Zones (4.8 tons)
- India (4.5 tons)
- Hong Kong SAR (0.3 tons)
Sesame Seed Exports in Panama
In 2022, exports of sesame seed from Panama amounted to 355 kg, therefore, remained relatively stable against the previous year's figure. In general, exports saw a sharp descent. The smallest decline of 99.9% was in 2021.
In value terms, sesame seed exports amounted to $575 in 2022. Overall, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2021.
Export of Sesame Seed in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
France | 919 | N/A | 574 | -21.0% | |
Germany | 204 | N/A | N/A | 0% | |
Others | 23.0 | N/A | 1.0 | -79.1% | |
Total | 1,146 | N/A | 575 | -29.2% |
Top Export Markets for Sesame Seed from Panama in 2022:
- France (354.0 kg)
This report provides an in-depth analysis of the sesame seed market in Panama. 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:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- 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
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
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In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
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