Earlier Report Observations
The market volume of sesame oil and fractions in North Macedonia showed variability from 2018 to 2023. It began at 414.4 t in 2018, rose to 424.6 t in 2019, then dipped to 415.6 t in 2020. A significant increase followed in 2021, reaching 461.0 t, but the market contracted sharply to 357.5 t in 2022 before recovering to 390.3 t in 2023.
In 2024, the government implemented protective measures for domestic production, including the removal of import duties on sunflower oil, a move relevant for the vegetable oils sector. Additionally, global factors such as increased worldwide demand for vegetable oils and supply shortages were observed in regional markets.
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 North Macedonia
- 5.1.1. Annual dynamics of production in North Macedonia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in North Macedonia 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, 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, 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 North Macedonia
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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, kg
- 6.1.2.1. Annual dynamics of product's exports from North Macedonia in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's exports in kind from North Macedonia by countries, 2018-2024, kg
- 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, $ US
- 6.1.3.1. Annual dynamics of product's exports from North Macedonia in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's exports in value from North Macedonia by countries, 2018-2024, $ 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 North Macedonia, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from North Macedonia 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, kg
- 6.2.2.1. Annual dynamics of product's exports from North Macedonia in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's exports in kind from North Macedonia by countries, 2018-2024, kg
- 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, $ US
- 6.2.3.1. Annual dynamics of product's exports from North Macedonia in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's exports in value from North Macedonia by countries, 2018-2024, $ 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 North Macedonia, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from North Macedonia 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, kg
- 7.1.2.1. Annual dynamics of product's imports to North Macedonia in kind, 2018-2024, kg
- 7.1.2.2. Dynamics of product's imports in kind to North Macedonia by countries, 2018-2024, kg
- 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, $ US
- 7.1.3.1. Annual dynamics of product's imports to North Macedonia in value, 2018-2024, $ US
- 7.1.3.2. Dynamics of product's imports in value to North Macedonia by countries, 2018-2024, $ 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 North Macedonia, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to North Macedonia 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, kg
- 7.2.2.1. Annual dynamics of product's imports to North Macedonia in kind, 2018-2024, kg
- 7.2.2.2. Dynamics of product's imports in kind to North Macedonia by countries, 2018-2024, kg
- 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, $ US
- 7.2.3.1. Annual dynamics of product's imports to North Macedonia in value, 2018-2024, $ US
- 7.2.3.2. Dynamics of product's imports in value to North Macedonia by countries, 2018-2024, $ 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 North Macedonia, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to North Macedonia 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, kg
- 8.1.2. In value, $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, $ 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 North Macedonia
In kind, 2017-2020, t
Top producers of sesame oil and fractions, 2017-2020
World map of production of sesame oil and fractions, 2017-2020
In 2019, North Macedonia produced 428.9 tonnes of sesame oil and fractions, marking the highest output on record with a 2.2% increase. However, production fell to 418.3 tonnes in 2020, representing a 2.5% decline from the previous year.
Annual dynamics of production in North Macedonia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.1%) | 2.2% | (2.5%) | (0.5%) |
In value, 2017-2020, K $ US
Sesame oil and fractions production in North Macedonia has grown for three consecutive years. In 2020, the output was valued at 2,919 thousand US dollars, showing a steady rise of 7.5% compared to 2019. Over the period from 2017 to 2020, production increased by 15.1%, with an average annual growth rate of 4.8%.
Annual dynamics of production in North Macedonia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.3% | 3.7% | 7.5% | 4.8% |
Exports sesame oil and fractions from North Macedonia
Exports in kind, kg
Sesame oil and fractions exports from North Macedonia have declined for the third year in a row. In 2020, the country exported 2,848 kilograms, which is a significant drop of 41.0% from 2019. Between 2017 and 2020, exports decreased by 60.3%, equating to an annualized decline of 26.5%.
Annual dynamics of product's exports from North Macedonia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (24.2%) | (11.3%) | (41.0%) | (26.5%) |
From 2017 to 2020, Serbia, Montenegro, and Bulgaria were consistently the top destinations for North Macedonia's sesame oil and fractions exports in volume terms. Serbia accounted for 27.6% of exports, Montenegro for 24.5%, and Bulgaria for 8.0%, together making up 60.1% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from North Macedonia in kind, 2017-2020
Exports in value, $ US
North Macedonia's sesame oil and fractions exports have fallen for three consecutive years. In 2020, exports were valued at 19,879 US dollars, down by 35.0% from 2019. Over the period from 2017 to 2020, exports decreased by 53.7%, with an average annual decline of 22.6%.
Annual dynamics of product's exports from North Macedonia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.8%) | (10.0%) | (35.0%) | (22.6%) |
Between 2017 and 2020, Montenegro, Serbia, and Bulgaria were the largest buyers of sesame oil and fractions from North Macedonia in value terms. Montenegro represented 26.9% of exports, Serbia 23.8%, and Bulgaria 9.1%, collectively accounting for 59.8% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from North Macedonia in value, 2017-2020
Imports sesame oil and fractions to North Macedonia
Imports in kind, kg
Imports of sesame oil and fractions into North Macedonia showed notable fluctuations from 2017 to 2020. The lowest volume was recorded in 2018 at 141 kilograms, with an 89.9% decline that year. In 2019, imports surged by 237.6%, but then dropped sharply to 148 kilograms in 2020, a decrease of 68.9% from the previous year. Overall, imports varied 9.9-fold between the peak in 2017 and the low in 2018.
Annual dynamics of product's imports to North Macedonia in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (89.9%) | 237.6% | (68.9%) | (52.7%) |
From 2017 to 2020, Egypt, Serbia, and Greece were the leading suppliers of sesame oil and fractions to North Macedonia in volume terms. Egypt accounted for 42.9% of imports, Serbia for 12.7%, and Greece for 12.4%, together representing 68.0% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to North Macedonia in kind, 2017-2020
Imports in value, $ US
Imports of sesame oil and fractions into North Macedonia experienced irregular changes, indicating a volatile market. The largest increase occurred in 2019, with a rise of 120.1%. However, in 2020, imports fell sharply to 2,599 US dollars, a decline of 57.5% from the previous year. Over the period, import levels fluctuated 2.4 times between the high in 2017 and the low in 2020.
Annual dynamics of product's imports to North Macedonia in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (56.1%) | 120.1% | (57.5%) | (25.7%) |
Between 2017 and 2020, Greece, Asia (not elsewhere specified), and Serbia were the top sources for sesame oil and fractions imports into North Macedonia in value terms. Greece accounted for 32.5% of imports, Asia for 22.9%, and Serbia for 12.1%, together making up 67.5% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to North Macedonia in value, 2017-2020
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