Sesame oil and fractions market in Mexico

Earlier Report Observations

From 2018 to 2023, Mexico's sesame oil production fluctuated, reaching 27.2 thousand tons in 2023 after a dip in 2021. The introduction of the NMX-F-808-SCFI-2018 standard set specific requirements for sesame oil quality, including cold test and stability, supporting production standards. Simultaneously, modifications to the front-of-pack labeling regulation NOM-051-SCFI/SSA1-2010 began a five-year transition period, affecting how sesame oil is presented to consumers.

The market size grew from 21.8 thousand tons in 2018 to 23.6 thousand tons in 2023, with a notable increase in 2022. This rise aligned with growing demand for functional foods in Latin America, where sesame oil is valued for its nutrients. Amendments to the international Codex Standard CXS 210-1999 in 2022 updated parameters for seed oils, including sesame, potentially facilitating export compliance. However, export volumes declined after peaking at 6.8 thousand tons in 2021.

Regulatory updates continued to shape the market: in 2023, new allergen labeling legislation mandated the declaration of sesame, increasing transparency for consumers. Environmental regulations like NADF-012-AMBT-015 for used oil management in Mexico City added sustainability considerations to the production cycle.

Production sesame oil and fractions in Mexico

In kind, 2018-2021, t

From 2018 to 2021, Mexico ranked 10th globally in terms of sesame oil and fractions production volume.

Top producers of sesame oil and fractions, 2018-2021

World map of production of sesame oil and fractions, 2018-2021

Mexico's sesame oil and fractions production volume declined for the second consecutive year. In 2021, production reached 25 900 tonnes, a decrease of 3.4% compared to 2020. The highest production level was recorded in 2019 at 27 700 tonnes, which also saw the largest annual increase of 7.8%.

Annual dynamics of production in Mexico in kind, 2018-2021, t

In value, 2018-2021, M $ US

Mexico's sesame oil and fractions production value also declined for the second consecutive year. In 2021, output was valued at 107.9 million US dollars, marking a sharp reduction of 27.6% from the previous year. Over the 2018-2021 period, production value decreased by 27.3%, with a compound annual growth rate of -10.1%. The peak value was recorded in 2019 at 169.4 million US dollars, which also experienced the largest annual increase of 14.2%.

Annual dynamics of production in Mexico in value, 2018-2021, M $ US

Exports sesame oil and fractions from Mexico

Exports in kind, t

Mexico's sesame oil and fractions exports increased for the second consecutive year. In 2021, export volume reached 6 822 tonnes, representing a strong uptick of 12.0% compared to 2020. Between 2018 and 2021, exports grew by 32%, equating to an annualized rate of 9.7%. The lowest export volume was recorded in 2019 at 4 072 tonnes, which saw the largest annual decline of 21.2%. In contrast, 2020 experienced the largest annual increase of 49.5%.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, t

From 2018 to 2021, Mexico's sesame oil and fractions export structure was dominated by a single market: the United States, which accounted for 94.3% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Mexico in kind, 2018-2021

Exports in value, K $ US

In 2021, Mexico exported 28.415 million US dollars worth of sesame oil and fractions, down by 16.1% year-over-year. Over the 2018-2021 period, export value decreased by 4.7%, with a compound annual growth rate of -1.6%. The lowest value was recorded in 2019 at 24.905 million US dollars, which saw the largest annual decline of 16.5%. The peak value occurred in 2020 at 33.858 million US dollars, experiencing the largest annual increase of 35.9%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US

From 2018 to 2021, the United States was the almost exclusive buyer of sesame oil and fractions from Mexico, accounting for 93.8% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Mexico in value, 2018-2021

Imports sesame oil and fractions to Mexico

Imports in kind, t

The import market for sesame oil and fractions in Mexico exhibited an unstable trend throughout the period. In 2021, import volume totaled 261 tonnes, down by 78.0% compared to 2020. The lowest import volume was recorded in 2019 at 229 tonnes, which saw the largest annual decline of 81.3%. In contrast, 2020 experienced the largest annual increase of 419.9%. Overall, there was a 5.3-fold variation between the maximum in 2018 and the minimum in 2019.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, t

From 2018 to 2021, India and the United States remained the main suppliers of sesame oil and fractions to Mexico, with a combined share of 81.9% of total imports in kind. The remainder was fragmented across other countries.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Mexico in kind, 2018-2021

Imports in value, K $ US

The import value data reveals irregular changes, indicating a volatile market environment. In 2021, imported sesame oil and fractions totaled 1.191 million US dollars, showing a sharp reduction of 81.1% compared to 2020. The lowest value was recorded in 2019 at 1.170 million US dollars, while the peak occurred in 2020 at 6.294 million US dollars, which saw the largest annual increase of 438.0%. Overall, imports changed by a 5.4 multiple from the peak in 2020 to the trough in 2019.

Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US

From 2018 to 2021, imports of sesame oil and fractions to Mexico in value terms were largely oriented towards India and the United States, whose combined share reached 82.4% of total flows, with other destinations playing a secondary role.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Mexico in value, 2018-2021