Sesame seed prices per Ton, Kg in Nigeria 2024
Nigeria is one of the leading producers and exporters of sesame seeds in Africa, with a production capacity of over 500,000 metric tons per year. Sesame seeds have been cultivated in Nigeria for centuries and are an integral part of the country’s agricultural sector.
Sesame seeds, also known as “beniseed” in Nigeria, are small but mighty oilseeds that are highly valued for their numerous health benefits and culinary uses. These tiny seeds come from the flowering plant Sesamum indicum and are primarily grown in the northern states of Nigeria such as Kano, Jigawa, Bauchi, Borno, Gombe, Kaduna, Adamawa, Plateau, Yobe and Katsina.
The history of sesame seed cultivation in Nigeria can be traced back to ancient times when it was used for medicinal purposes and as a condiment in traditional dishes. However, with the increase in global demand for healthy food options and natural ingredients, sesame seeds have gained popularity worldwide.
In recent years, Nigeria’s sesame seed production has seen significant growth due to increased government support and investment in the agriculture sector. The favorable climatic conditions coupled with fertile soil make Nigeria an ideal location for growing high-quality sesame seeds.
Today, Nigeria is not only a major producer but also a key exporter of sesame seeds globally. The country exports its sesame seeds to countries such as Japan, China, Turkey, India and other European nations where they are highly sought after.
The demand for Nigerian sesame seeds is driven by its superior quality, rich nutritional value, and versatility in various industries such as food, cosmetics, and pharmaceuticals. This has made sesame seeds an essential cash crop for farmers in Nigeria, contributing significantly to the country’s economy.
Factors Affecting Sesame Seed Prices
- Weather Conditions
- Production Levels
- Demand from International Markets
- Exchange Rates
- Government Policies
- Transportation and Logistics Costs
Analysis of Price per Ton and Kg for Sesame Seeds in Nigeria
Nigeria is one of the largest producers and exporters of sesame seeds in the world, accounting for approximately 30% of global production. As such, it is important to analyze the price per ton and kg for sesame seeds in Nigeria, as it can significantly impact both local farmers and international buyers.
Price per Ton for Sesame Seeds:
In Nigeria, the price per ton for sesame seeds can range from $800 to $1,200 depending on the quality and season. The average price per ton for Nigerian sesame seeds is around $900.
The peak season for sesame seed production in Nigeria is between February and March, during which prices are usually at their lowest due to high supply. Prices tend to increase towards the end of the year as supply dwindles.
Price per Kg for Sesame Seeds:
The price per kg of sesame seeds in Nigeria varies depending on factors such as location, quality, and packaging. In local markets, one kg of sesame seeds can cost between ₦600 (approximately $1.50) to ₦1000 (approximately $2.50).
For international buyers, the price per kg can be higher due to additional costs such as transportation and export fees. On average, the price per kg of Nigerian sesame seeds for international buyers ranges from $1.5 to $2.
