South Korea shifts import strategy – Global sesame market enters a highly competitive phase
The global sesame market is entering a period of significant changes as major importers, especially South Korea, actively diversify their sourcing strategies. Suppliers from Pakistan, Brazil, and Africa are rapidly expanding their market share, while traditional exporters from India face increasing competitive pressure.
This is a crucial time for exporters and importers to closely monitor market developments and adjust their business strategies accordingly.
🔑 Key Market Highlights:
✅ South Korea is reducing dependence on a single source, diversifying procurement to South Asia and Africa to ensure stable supply and mitigate risks.
✅ Prices remain generally stable, but the market remains highly sensitive to weather conditions and major tender results.
✅ Global supply dynamics are shifting quickly, with Brazil, Pakistan, and African countries ramping up production and exports.
✅ Consumer demand continues to shift, with growing interest in premium, organic, and traceable sesame products. This creates new opportunities for suppliers targeting higher-value market segments.
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The Namagro team is ready to support you with the latest insights and reliable information on the global sesame market.
📩 Mr. Jasvinder – Jasvinder@namagro.com
📩 Ms. Tram – doantram@namagro.com
📩 Ms. Nhan – mynhan@namagro.com