Earlier Report Observations
The sesame oil and fractions market in Cyprus showed considerable movement between 2018 and 2023. After reaching 49.8 thousand kg in 2019, market volume fell to 37.3 thousand kg in 2020 and continued downward to 33.5 thousand kg in 2021.
A strong rebound occurred in 2022, with the market expanding to 48.6 thousand kg. However, volume retreated again in 2023, settling at 33.8 thousand kg. Domestic production levels remained relatively low and stable throughout this period.
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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4.1.1. 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 Cyprus
- 5.1.1. Annual dynamics of production in Cyprus in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Cyprus 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, kg
- 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, kg
- 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 Cyprus
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, kg
- 7.1.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, kg
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, kg
- 7.2.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, kg
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 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 Cyprus
In kind, 2017-2020, kg
Top producers of sesame oil and fractions, 2017-2020
World map of production of sesame oil and fractions, 2017-2020
In 2019, Cyprus produced 15,670 kg of sesame oil and fractions, marking the highest output during the period. However, production declined by 11.9% in 2020 to 13,810 kg. Over the entire 2017-2020 timeframe, production decreased by 9%, with an average annual decline of 3.1%. The most significant year-on-year increase occurred in 2019, when production rose by 12.0%.
Annual dynamics of production in Cyprus in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.8%) | 12.0% | (11.9%) | (3.1%) |
Exports sesame oil and fractions from Cyprus
Exports in kind, kg
In 2020, Cyprus exported 24 kg of sesame oil and fractions, showing minimal change from the previous year. Between 2018 and 2020, exports grew by 100%, which translates to an average annual growth rate of 26.0%.
Annual dynamics of product's exports from Cyprus in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Greece was the sole destination for all sesame oil and fractions exports from Cyprus, accounting for 100.0% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Cyprus in kind, 2017-2020
Exports in value, K $ US
In 2020, the value of sesame oil and fractions exports from Cyprus totaled 0.1 thousand US dollars, with little variation compared to 2019. Over the 2018-2020 period, export value increased by 38.3%, corresponding to an average annual growth rate of 11.4%.
Annual dynamics of product's exports from Cyprus in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During 2017-2020, Greece was the exclusive buyer of sesame oil and fractions from Cyprus in value terms, representing 100.0% of total export earnings.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Cyprus in value, 2017-2020
Imports sesame oil and fractions to Cyprus
Imports in kind, kg
In 2020, Cyprus imported 23,535 kg of sesame oil and fractions, a decrease of 31.1% from the previous year. The most substantial decline occurred in 2018, when imports fell by 54.8%, while 2019 saw a modest increase of 9.2%. Overall, imports dropped by 66% between 2017 and 2020, with an average annual decline of 30.2%.
Annual dynamics of product's imports to Cyprus in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (54.8%) | 9.2% | (31.1%) | (30.2%) |
From 2017 to 2020, the three largest sources of sesame oil and fractions imports to Cyprus were China, Hong Kong, and Bulgaria, which together accounted for 68.0% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Cyprus in kind, 2017-2020
Imports in value, K $ US
Cyprus experienced a third consecutive year of declining sesame oil and fractions imports. In 2020, import value fell sharply by 34.7% to 87.8 thousand US dollars. Between 2017 and 2020, import value decreased by 47.6%, with an average annual decline of 19.4%.
Annual dynamics of product's imports to Cyprus in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (19.5%) | (0.2%) | (34.7%) | (19.4%) |
During 2017-2020, China, Hong Kong, and the United Kingdom were the primary sources of sesame oil and fractions imports to Cyprus in value terms. China accounted for 40.3% of import value, Hong Kong for 27.0%, and the United Kingdom for 9.5%, collectively representing 76.8% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Cyprus in value, 2017-2020
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