# Nigeria Oil seeds: sesamum seeds, whether or not broken price positioning (HS 120740)

Canonical: https://www.yugalinks.com/trade/price-exporter/nga/120740
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Nigeria has a median reported export price of $2.0K/t across 84 markets. Across the reported period, the highest observed price is $14.7K/t in Uruguay; the lowest is $57.3/t in Burkina Faso.

## Summary

- Price spread: 733.2%
- Total trade value: $1.6B
- Average quantity: 3,861 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Japan | 2023 | $1.7K/t | -12.8% | +17.2% | +66.1% | $453.7M | 5 | Mid |
| China | 2023 | $9.7K/t | +500.3% | -28.5% | +951.6% | $91.2M | 5 | Above |
| Republic of Korea | 2023 | $2.0K/t | -74.5% | +15.7% | +71.7% | $71.1M | 5 | Below |
| Viet Nam | 2023 | $2.2K/t | -9.1% | +3.2% | +4% | $137.9M | 4 | Mid |
| Greece | 2023 | $1.9K/t | -14.9% | +8% | +49.8% | $65.6M | 5 | Mid |
| India | 2023 | $1.7K/t | -8.3% | +8.9% | +86.8% | $124.6M | 5 | Mid |
| Germany | 2023 | $2.3K/t | -17.1% | +6.4% | +56.8% | $59.9M | 5 | Mid |
| Turkey | 2023 | $1.9K/t | -0.6% | +19.6% | +29.4% | $395.9M | 5 | Mid |
| Poland | 2023 | $2.4K/t | -3% | +15% | +81.8% | $24.2M | 5 | Mid |
| Israel | 2023 | $2.5K/t | +3.9% | +12.2% | +145.4% | $14.3M | 5 | Mid |
| Guatemala | 2019 | $1.5K/t | +0% | Not reported | +0% | $4.1M | 1 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $2.6K/t | -20% | +2.1% | +80.8% | $15.7M | 5 | Mid |
| Canada | 2023 | $2.4K/t | -23.7% | -1.3% | +60.2% | $15.2M | 5 | Mid |
| Algeria | 2023 | $1.9K/t | -2.3% | +39.8% | +48.5% | $6.0M | 3 | Mid |
| Netherlands | 2023 | $2.3K/t | -22.2% | +13% | +92.5% | $12.9M | 5 | Mid |
| Uruguay | 2017 | $14.7K/t | +869.3% | Not reported | +0% | $368.0 | 1 | Above |
| Burkina Faso | 2017 | $57.3/t | -95.4% | Not reported | +0% | $43.0 | 1 | Below |

## Price history

- Japan: 2017 $1.0K/t, 2019 $1.4K/t, 2020 $1.4K/t, 2022 $1.4K/t, 2023 $1.7K/t
- China: 2017 $917.7/t, 2019 $1.3K/t, 2020 $1.1K/t, 2022 $13.5K/t, 2023 $9.7K/t
- Republic of Korea: 2017 $1.2K/t, 2019 $1.7K/t, 2020 $1.5K/t, 2022 $1.7K/t, 2023 $2.0K/t
- Viet Nam: 2019 $2.1K/t, 2020 $2.0K/t, 2022 $2.1K/t, 2023 $2.2K/t
- Greece: 2017 $1.3K/t, 2019 $1.7K/t, 2020 $1.6K/t, 2022 $1.8K/t, 2023 $1.9K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $1.3K/t | Not reported | $193.2M | 37 |
| 2019 | $1.6K/t | +23.2% | $386.7M | 43 |
| 2020 | $1.4K/t | -9.2% | $375.7M | 47 |
| 2022 | $1.9K/t | +31.5% | $307.2M | 60 |
| 2023 | $2.1K/t | +11.7% | $306.6M | 62 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 84 importer markets; 249 reported market-year observations.

## FAQ

### What does Nigeria price positioning show for HS 120740?

It compares Nigeria's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Oil seeds: sesamum seeds, whether or not broken market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NGA",
  "hs_code": "120740",
  "summary": {
    "num_markets": 84,
    "highest_price_importer_iso3": "URY",
    "highest_price_usd_per_ton": 14720,
    "lowest_price_importer_iso3": "BFA",
    "lowest_price_usd_per_ton": 57.333333333333336,
    "median_price_across_markets": 1999.9148697684814,
    "price_spread_pct": 733.1645405668731,
    "avg_quantity_metric_tons": 3861.424859437752,
    "total_trade_value_usd": 1569336618
  },
  "marketRows": [
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    },
    {
      "importer_iso3": "BFA",
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