Sesame Oil Market Overview in India
In value terms, sesame oil production declined slightly to $ in estimated in export prices. In general, the total production indicated noticeable growth from 2007 to : its value decreased at an average annual rate of -% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2016 indices. The growth pace was the most rapid in 2009 with an increase of % y-o-y. Sesame oil production peaked at $ in 2011; however, from 2012 to , production stood at a somewhat lower figure.
The size of the sesame oil market in India fell slightly to $ in , with a decrease of -% 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 when the market value increased by % year-to-year. Sesame oil consumption peaked at $ in 2011; however, from 2012 to , consumption failed to regain the momentum.