Italy: Sesame Seed Market 2024

Sesame Seed Market Size in Italy

The Italian sesame seed market reduced remarkably to $X in 2022, shrinking by X% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Sesame seed consumption peaked at $X in 2021, and then shrank rapidly in the following year.

Sesame Seed Production in Italy

In value terms, sesame seed production stood at $X in 2022 estimated in export price. Over the period under review, production showed tangible growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average sesame seed yield in Italy stood at X tons per ha, growing by X% on 2021 figures. In general, the yield indicated resilient growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sesame seed yield decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The sesame seed yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sesame seed were harvested in Italy; approximately equating 2021 figures. Overall, the harvested area showed a slight setback. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to sesame seed production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Sesame Seed Exports

Exports from Italy

After three years of growth, shipments abroad of sesame seed decreased by X% to X tons in 2022. In general, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, sesame seed exports contracted markedly to $X in 2022. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Greece (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of sesame seed exports from Italy, together accounting for X% of total exports. Turkey, France, Sweden, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Greece ($X) and the Netherlands ($X) constituted the largest markets for sesame seed exported from Italy worldwide, with a combined X% share of total exports. France, Turkey, Sweden, Belgium and the UK lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sesame seed export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a perceptible decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Greece ($X 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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Seed Imports

Imports into Italy

In 2022, after five years of growth, there was significant decline in purchases abroad of sesame seed, when their volume decreased by X% to X tons. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% 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 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined notably in the following year.

In value terms, sesame seed imports shrank markedly to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 2013 when imports increased by X%. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

Brazil (X tons), Turkey (X tons) and India (X tons) were the main suppliers of sesame seed imports to Italy, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sesame seed suppliers to Italy were Brazil ($X), Turkey ($X) and the Netherlands ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sesame seed import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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