Sesame Seed Market Overview in Spain
The revenue of the sesame seed market in Spain amounted to $6.5M in 2010, reducing by -10.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a strong expansion from 2007 to 2010: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2010 figures, sesame seed consumption decreased by -12.5% against 2008 indices. The growth pace was the most rapid in 2008 when the market value increased by 72% y-o-y. In that year, the sesame seed market attained its peak level of $7.4M. From 2009 to 2010, the growth of the sesame seed market remained at a lower figure.