Global Sesame Market Update
08-May-2025 12:49 PM
Global Sesame Market Update
★ In 2025, the sesame market is witnessing heightened activity driven by India’s strong crop outlook, rising imports from China, and surging demand from South Korea.
★ India's summer crop area is estimated to have increased by 4%, indicating a potentially strong harvest.
★ China's sesame imports have surged by 32%, although prices have dropped by 18%, signaling increased global supply.
★ South Korea’s imports have tripled, with a new procurement tender also being issued, reflecting continued demand.
★ Heavy rainfall is forecasted in Tanzania, which may affect crop quality and disrupt logistics. If damages occur, this could lead to a tightening of global supply.
★ With stable supply from India and sustained demand from China and South Korea, prices are expected to remain steady. However, minor price increases are possible due to logistical issues in Tanzania.
★ Due to India's improved production, domestic prices have dropped, enabling Indian sellers to offer more competitive bids in international tenders.
