The production of sesame seed oil in Tanzania stood at 22.0 thousand metric tons in 2023, marking no change from the previous year. Notably, the period from 2014 to 2015 saw a sharp decline of 33.33%, followed by fluctuating production levels with intermittent recoveries and declines. The compound annual growth rate (CAGR) over the last five years, leading to 2023, was -2.52%, indicating an overall decline in production. From 2024 onward, forecasted data suggests a continued downward trend, with a forecasted 5-year CAGR of -1.4% and an anticipated total growth rate of -6.8%.
Key trends over the period:
- 2014-2015: Significant decline (-33.33%)
- 2016: Recovery (+25%)
- 2017: Decrease (-20%)
- 2018: Recovery (+25%)
- 2019-2023: Gradual Decrease with minor fluctuations
Future trends to watch for:
The sesame seed oil production in Tanzania is expected to face a slow decline over the coming years. Factors to monitor include agricultural practices, climate change impacts, and market demand. Improvements in agricultural technology and practices, coupled with favorable climatic conditions, may mitigate the decline.
