The Evolving Role of India in Global Sesame Exports and Imports
India’s sesame market is experiencing significant shifts. While traditionally a major player in the sesame export domain, recent trends indicate a decline in demand for Indian Hulled sesame. This trend is attributed to the competitive pricing of sesame from countries like Pakistan, Türkiye and Nigeria. In comparison to these countries, Indian sesame is priced higher in the international market, leading to reduced global demand.
The domestic demand for white sesame in India is also lower than expected, partly due to delayed winter. In terms of imports, India has brought in approximately 90,000 MT of sesame between January and October, primarily from Brazil, Somalia, Sudan, Burkina Faso, and Nigeria. This import pattern reflects India’s strategic diversification in its sesame sourcing, responding to both domestic demand and global market dynamics.
Global Sesame Market Overview
Globally, the sesame market is witnessing varied trends across different regions. For instance, China, a significant player in the sesame market, saw an upward adjustment in the prices of Tanzanian and Mozambique sesame due to limited stock. Pakistan, nearing the end of its export season, exported around 170,000 to 180,000 MT of sesame mainly to China, Korea, and Türkiye from September to December.
Nigeria, another key player, anticipates a sesame crop size of about 320,000 to 350,000 MT, with Türkiye, Japan, and China as major export destinations. India is also expected to import a substantial quantity of sesame from Nigeria. Burkina Faso, with an expected crop size between 150,000 to 160,000 MT, exports primarily to China, Türkiye, Vietnam, Japan, and to some extent Europe and India.
Conclusion
The sesame market, reflecting broader trends in global trade, is characterized by its dynamic and interconnected nature. India’s shift from a major exporter to an importer underlines the influence of global pricing and market forces. This change is not just a local phenomenon but part of a larger pattern that includes countries like China, Pakistan, Nigeria, and Burkina Faso, each playing pivotal roles in shaping the sesame trade. The report reveals the critical importance of strategic sourcing, market diversification, and adaptability in the ever-evolving landscape of global agricultural commodities.
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