Earlier Report Observations
The physical volume of China's sesame oil market fluctuated between 2018 and 2023, declining from 281.9 thousand tons to 269.1 thousand tons over the period. The market saw a recovery in 2020 after a drop in 2019, followed by a more significant contraction in 2021 and a partial rebound in 2022.
In contrast, the market value demonstrated consistent growth, rising from 1.075 billion USD to 1.190 billion USD. This divergence suggests underlying price increases or a shift in the product mix within the sector. The most notable expansion in value occurred between 2021 and 2022, with an increase of over 90 million USD.
Production levels also varied, peaking in 2020 at 286.0 thousand tons, while export volumes showed a general upward trend, reaching 7.8 thousand tons in 2023 compared to 5.8 thousand tons in 2018.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in China
- 5.1.1. Annual dynamics of production in China in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in China in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in China
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production sesame oil and fractions in China
In kind, 2017-2020, K t
Globally, China was the leading producer of sesame oil and fractions from 2017 to 2020.
Top producers of sesame oil and fractions, 2017-2020
World map of production of sesame oil and fractions, 2017-2020
In 2020, China produced 286.0 thousand tonnes of sesame oil and fractions, representing a modest increase of 4.2% compared to 2019. The lowest production level was recorded in 2019 at 274.6 thousand tonnes, which saw the largest decline of 3.9% during this period.
Annual dynamics of production in China in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.5% | (3.9%) | 4.2% | 0.5% |
In value, 2017-2020, M $ US
China's sesame oil and fractions production has grown for the third consecutive year. In 2020, the output was valued at 1 123 million US dollars, showing a slight increase of 2.0% compared to 2019. Over the period from 2017 to 2020, production rose by 9.1%, with a compound annual growth rate of 3.0%.
Annual dynamics of production in China in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.2% | 0.8% | 2.0% | 3.0% |
Exports sesame oil and fractions from China
Exports in kind, t
In 2020, China's exports of sesame oil and fractions amounted to 6 925 tonnes, marking an increase of 22.3% compared to the previous year. Between 2017 and 2020, exports grew by 28%, equivalent to an annualized rate of 8.6%. The largest decline occurred in 2019, at 2.0%.
Annual dynamics of product's exports from China in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.9% | (2.0%) | 22.3% | 8.6% |
From 2017 to 2020, China's exports of sesame oil and fractions in kind were widely distributed across partner countries. Hong Kong accounted for 15.6% of exports, the United States for 10.8%, and Singapore for 10.4%, with these three markets together representing only 36.8% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from China in kind, 2017-2020
Exports in value, K $ US
China's sesame oil and fractions export value has increased for the third consecutive year. In 2020, exports totaled 27 184 thousand US dollars, showing a rise of 19.7% compared to 2019. Over the period from 2017 to 2020, exports grew by 37.5%, with a compound annual growth rate of 11.2%.
Annual dynamics of product's exports from China in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.8% | 2.8% | 19.7% | 11.2% |
The structure of China's sesame oil and fractions exports in value terms from 2017 to 2020 indicates a diversified set of partners. Hong Kong contributed 17.8% of exports, the United States 14.8%, and Singapore 8.6%, jointly accounting for only 41.2% of total flows, while the remaining 58.8% was spread across numerous smaller markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from China in value, 2017-2020
Imports sesame oil and fractions to China
Imports in kind, t
In 2020, China's imports of sesame oil and fractions stood at 1 043 tonnes, reflecting a significant increase of 42.1% compared to 2019. Between 2017 and 2020, imports decreased by 39.6%, equating to an annualized decline of 15.5%. The lowest import volume was recorded in 2019 at 734 tonnes, while the peak was in 2018 at 1 843 tonnes. The largest decline occurred in 2019, at 60.2%.
Annual dynamics of product's imports to China in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.7% | (60.2%) | 42.1% | (15.5%) |
From 2017 to 2020, the largest suppliers of sesame oil and fractions to China in kind were Bangladesh, accounting for 41.2% of imports, India with 32.8%, and Asia, not elsewhere specified, with 13.0%. Together, these three sources formed 86.9% of total imports in kind.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to China in kind, 2017-2020
Imports in value, K $ US
In 2020, China's imports of sesame oil and fractions in value terms amounted to 3 079 thousand US dollars, which is 12.2% higher than the previous year. Between 2017 and 2020, imports increased by 4.5%, equivalent to an annualized rate of 1.5%. The lowest value was recorded in 2019 at 2 745 thousand US dollars, while the highest was in 2018 at 4 413 thousand US dollars. The largest decline occurred in 2019, at 37.8%, and the largest increase was in 2018, at 49.8%.
Annual dynamics of product's imports to China in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 49.8% | (37.8%) | 12.2% | 1.5% |
Throughout 2017 to 2020, Japan was the key partner in China's sesame oil and fractions imports in value terms, accounting for 25.9%, followed by Bangladesh at 24.1% and India at 24.0%. Together, these three countries accounted for 74.1% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to China in value, 2017-2020
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