Cote d'Ivoire: Sesame Seed Market 2024

Sesame Seed Market Size in Cote d'Ivoire

The Cote d'Ivoire's sesame seed market shrank notably to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Sesame Seed Production in Cote d'Ivoire

In value terms, sesame seed production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

The average yield of sesame seed in Cote d'Ivoire declined slightly to X kg per ha in 2022, flattening at the year before. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the average sesame seed yield hit record highs at X kg per ha in 2013; however, from 2014 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sesame seed harvested area in Cote d'Ivoire amounted to X ha in 2022, stabilizing at the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sesame seed production reached the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Sesame Seed Exports

Exports from Cote d'Ivoire

Sesame seed exports from Cote d'Ivoire soared to X tons in 2022, growing by X% against the year before. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, sesame seed exports expanded rapidly to $X in 2022. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for sesame seed exports from Cote d'Ivoire, with a X% share of total exports. Moreover, sesame seed exports to Turkey exceeded the volume sent to the second major destination, Burkina Faso (X tons), twofold. The third position in this ranking was taken by Japan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Japan (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for sesame seed exports from Cote d'Ivoire, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The average sesame seed export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sesame Seed Imports

Imports into Cote d'Ivoire

In 2022, after four years of growth, there was significant decline in overseas purchases of sesame seed, when their volume decreased by X% to X tons. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, sesame seed imports shrank remarkably to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, Lebanon (X tons) constituted the largest supplier of sesame seed to Cote d'Ivoire, accounting for a X% share of total imports. Moreover, sesame seed imports from Lebanon exceeded the figures recorded by the second-largest supplier, Benin (X tons), threefold. The third position in this ranking was held by Jordan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Lebanon totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Benin (X% per year) and Jordan (X% per year).

In value terms, the largest sesame seed suppliers to Cote d'Ivoire were Lebanon ($X), Turkey ($X) and Jordan ($X), together accounting for X% of total imports.

Lebanon, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sesame seed import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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