International Price Of Sesame Seed 2020

In 2020, the global sesame seed market increased by X% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption posted a resilient increase. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Global consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Global sesame seed imports soared to X tonnes in 2020, with an increase of X% against the previous year’s figure. In general, total imports indicated a remarkable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term. In value terms, sesame seed imports stood at $X in 2020. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Global imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Description

In value terms, sesame seed production dropped modestly to $X in 2020 estimated in export prices. Overall, production recorded resilient growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum. The country with the largest volume of sesame seed production was Sudan (X tonnes), accounting for X% of total volume. Moreover, sesame seed production in Sudan exceeded the figures recorded by the second-largest producer, Tanzania (X tonnes), twofold. The third position in this ranking was occupied by Myanmar (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Sudan totaled +X%. In the other countries, the average annual rates were as follows: Tanzania (+X% per year) and Myanmar (+X% per year). In 2020, the global average yield of sesame seed rose slightly to X kg per ha, increasing by X% against the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per ha. from 2013 to 2020, the growth of the average sesame seed 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.

Features of Sesame Seed

  • McCormick Whole Sesame Seeds feature a nutty, mild flavor that will add an unrivaled taste and elevate any professional recipe
  • A 16-ounce container is the perfect size for any chef’s seasoning and spice collection
  • Sourced primarily for chefs, McCormick Sesame Seeds bring a crunchy texture visual intrigue to the items on your menu
  • Use whole sesame seeds as a coating for fish and meat or in Asian noodle dishes, sushi or stir-fries; toasted seeds are ideal for sprinkling on top of soups and salads
  • McCormick Sesame Seeds are kosher with no MSG added

Prices of Sesame Seed

$2,350.00-$2,380.00/ Ton

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