The Sesameseed Oil market size in Thailand is projected to experience a declining trend from 2024 to 2028. Starting with a volume of 2.9 thousand metric tons in 2024, it is expected to decrease consistently to 1.6 thousand metric tons by 2028. This represents a year-on-year reduction of -13.79% from 2024 to 2025, followed by -12% from 2025 to 2026, -13.64% from 2026 to 2027, and -15.79% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period demonstrates a significant decrease in the market size volume, indicating a shrinking demand or supply in Thailand’s Sesameseed Oil market.
Looking ahead, it’s crucial to monitor factors that could influence this trend, such as shifts in consumer preferences towards more sustainable or alternative oils, changes in dietary habits, international trade policies affecting import and export dynamics, and potential technological advancements in oil extraction and processing that could impact production costs and efficiency. These factors will play a pivotal role in shaping the future trajectory of the Sesameseed Oil market in Thailand.
