Sesame Oil Market Overview in Romania
In value terms, sesame oil production totaled $ in estimated in export prices. In general, production showed a dramatic curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by % against the previous year. Sesame oil production peaked at $ in 2007; however, from 2008 to , production remained at a lower figure.
The revenue of the sesame oil market in Romania soared to $ in , jumping by % 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). Over the period under review, consumption showed a significant expansion. The pace of growth was the most pronounced in 2013 when the market value increased by % y-o-y. Sesame oil consumption peaked in and is likely to see steady growth in years to come.