The global sesameseed oil export volume for 2023 shows China leading with 20.63 thousand metric tons, followed by India and Mexico with 19.05 each. Japan, Taiwan, and Lebanon also have significant shares at 15.87, 7.94, and 4.76 respectively. Other notable exporters include Vietnam and Germany at 3.17 each, while countries like Myanmar, Malaysia, South Korea, South Africa, and Yemen each contributed 1.59. The year-on-year variation from 2022 to 2023 is highest for Japan (2.13%) followed by India and Mexico (1.76%), and China (1.61%).
Future Trends to Watch
Looking ahead, the sesameseed oil market is poised for robust growth, driven by increasing demand for healthy oils and expanding global trade networks. Key trends to observe include technological advancements in oil extraction processes in major exporting countries, shifts in agricultural policies, and the potential impact of climate change on sesameseed production. Additionally, tracking changes in consumer preferences towards organic and non-GMO products could significantly influence export dynamics.
Top countries in Sesameseed Oil Export Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20.63 | 2023 | 0% | +1.61% | View data |
| 2 | 2 India | 19.05 | 2023 | 0% | +1.76% | View data |
| 3 | 3 Mexico | 19.05 | 2023 | 0% | +1.76% | View data |
| 4 | 4 Japan | 15.87 | 2023 | 0% | +2.13% | View data |
| 5 | 5 Taiwan | 7.94 | 2023 | 0% | 0% | View data |
| 6 | 6 Lebanon | 4.76 | 2023 | 0% | 0% | View data |
| 7 | 7 Vietnam | 3.17 | 2023 | 0% | 0% | View data |
| 8 | 8 Germany | 3.17 | 2023 | 0% | 0% | View data |
| 9 | 9 Myanmar | 1.59 | 2023 | 0% | 0% | View data |
| 10 | 10 Malaysia | 1.59 | 2023 | 0% | 0% | View data |
