Market research

Sesame oil and fractions market in Latin America and the Caribbean

$Sesame oil and fractions market in Latin America and the Caribbean$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Latin America and the Caribbean" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

From 2018 to 2023, the market volume for unmodified sesame oil in Latin America and the Caribbean expanded overall, peaking at 37 186 tons in 2022 after a temporary contraction in 2021. The market value followed a similar pattern, reaching 209.7 million USD in 2019 before a sharp drop in 2021 and a subsequent recovery.

Export activity was a key feature, with the Mexican state of Jalisco becoming a major export hub, directing significant shipments to the United States, Canada, and the United Kingdom. Growing international demand from countries like Kuwait, Taiwan, Brazil, and the Philippines further stimulated regional trade and production.

Demand-side factors included the penetration of key players in seed processing, which enhanced supply quality, while rising health consciousness and the superfood trend supported consumption. The oil's antioxidant properties also opened new applications in the cosmetics and pharmaceutical industries, creating additional market opportunities.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latin America and the Caribbean
  1. 5.1.1. Annual dynamics of production in Latin America and the Caribbean in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sesame oil and fractions in Latin America and the Caribbean

In kind, 2017-2020, t

Top producers of sesame oil and fractions, 2017-2020

Source: SHEV.io

World map of production of sesame oil and fractions, 2017-2020

Source: SHEV.io

Sesame oil and fractions production in Latin America and the Caribbean has grown for the third year in a row. In 2020, the region produced 39 098 tonnes, marking a 6.8% increase from 2019. From 2017 to 2020, production rose by 34.2%, with an average annual growth rate of 10.3%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.9%	7.5%	6.8%	10.3%

Source: SHEV.io

In value, 2017-2020, M $ US

After two years of growth, sesame oil and fractions production in Latin America and the Caribbean saw a decline in value. In 2020, output was valued at 213.8 million US dollars, a slight decrease of 4.4% compared to 2019. Over the 2017-2020 period, production value increased by 21.7%, with an average annual growth rate of 6.8%. The highest value was recorded in 2019 at 223.5 million US dollars, which also saw the largest annual increase of 14.0%.

Annual dynamics of production in Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.6%	14.0%	(4.4%)	6.8%

Source: SHEV.io

Exports sesame oil and fractions from Latin America and the Caribbean

Exports in kind, t

In 2020, Latin America and the Caribbean exported 6 348 tonnes of sesame oil and fractions, a significant year-on-year increase of 52.9%. From 2017 to 2020, exports grew by 85.4%, with an average annual rate of 22.8%. The largest decline occurred in 2019 at 21.3%, while the largest increase was in 2018 at 54.0%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	54.0%	(21.3%)	52.9%	22.8%

Source: SHEV.io

From 2017 to 2020, the United States was the dominant buyer of sesame oil and fractions from Latin America and the Caribbean, accounting for 90.1% of total exports by volume.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, the value of sesame oil and fractions exports from Latin America and the Caribbean reached 34 707 thousand US dollars, up 36.9% year-on-year. Over the 2017-2020 period, export value increased by 68.1%, with an average annual growth rate of 18.9%. The largest decline was in 2019 at 16.5%, and the largest increase was in 2018 at 47.1%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	47.1%	(16.5%)	36.9%	18.9%

Source: SHEV.io

During 2017-2020, the United States was the primary and nearly exclusive market for sesame oil and fractions exports from Latin America and the Caribbean in value terms, representing 91.0% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io

Imports sesame oil and fractions to Latin America and the Caribbean

Imports in kind, t

In 2020, Latin America and the Caribbean imported 3 372 tonnes of sesame oil and fractions, a moderate increase of 8.6% from the previous year. From 2017 to 2020, imports decreased by 9.2%, with an average annual decline of 3.2%. The lowest volume was in 2019 at 3 106 tonnes, while the highest was in 2018 at 3 885 tonnes. The largest decline occurred in 2019 at 20.1%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.6%	(20.1%)	8.6%	(3.2%)

Source: SHEV.io

From 2017 to 2020, the main sources of sesame oil and fractions imports by volume for Latin America and the Caribbean were China (33.9%), India (16.8%), and the United States (16.3%), together making up 67.0% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, imports of sesame oil and fractions into Latin America and the Caribbean totaled 16 031 thousand US dollars, a sharp increase of 38.9% compared to 2019. Between 2017 and 2020, import value rose by 25.1%, with an average annual growth rate of 7.8%. The lowest value was in 2019 at 11 544 thousand US dollars, and the highest was in 2018 at 16 217 thousand US dollars. The largest decline was in 2019 at 28.8%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	26.6%	(28.8%)	38.9%	7.8%

Source: SHEV.io

Throughout 2017-2020, the key partners for sesame oil and fractions imports by value for Latin America and the Caribbean were India (23.5%), the United States (16.6%), and China (15.6%), collectively accounting for 55.7% of total imports.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io