Based on the data, Myanmar leads the global sesame seed oil demand with 422.0 thousand metric tons, followed by China at 315.0 thousand metric tons, Nigeria at 65.0 thousand metric tons, and India at 60.0 thousand metric tons. The United States, though smaller in absolute demand, shows notable growth with a 2.13% increase. Major markets like Japan, with 49.0 thousand metric tons, and Iran, with 25.0 thousand metric tons, also show slight increases. Conversely, Germany, India, Mozambique, and Yemen exhibit declining trends.
Year-on-year variations indicate significant growth in countries like Mali with a 6.96% increase and Bangladesh with a 4.94% increase, suggesting rising demand for sesame seed oil. In contrast, countries such as India (-4.62%), Germany (-1.89%), and Yemen (-3.58%) reflect decreasing consumption. Long-term CAGR trends reinforce stability in top-consuming regions with Myanmar, China, and Japan maintaining steady demand, while emerging markets in Africa and South America signal potential growth areas.
Future trends to watch include the increasing demand in African nations, likely driven by both population growth and increasing culinary and nutritional trends. Additionally, shifts in health-conscious consumers in Western markets could spur demand, with product diversification into specialty and organic oils gaining traction. The overall market is expected to see moderate growth, aligned with global health and dietary trends favoring natural oils.
Top countries in Sesameseed Oil Demand by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Myanmar | 422 | 2023 | +4.2% | +0.047% | View data |
2 | 2 China | 315 | 2023 | +1.29% | +0.91% | View data |
3 | 3 Nigeria | 65 | 2023 | +1.56% | +2.66% | View data |
4 | 4 India | 60 | 2023 | -4.76% | -4.62% | View data |
5 | 5 Japan | 49 | 2023 | +2.08% | +0.84% | View data |
6 | 6 Uganda | 35 | 2023 | 0% | +0.58% | View data |
7 | 7 Iran | 25 | 2023 | 0% | +2.59% | View data |
8 | 8 Saudi Arabia | 24 | 2023 | 0% | 0% | View data |
9 | 9 United States | 20 | 2023 | 0% | +2.13% | View data |
10 | 10 Mali | 14 | 2023 | +7.69% | +6.96% | View data |