The analysis of sesame seed export volume in Germany from 2014 to 2028 shows a notable trend. From 2014 to 2023, the volume has been relatively stable, with significant growth observed only in 2016 and 2018. In 2023, the export volume stood at 7.0 thousand metric tons. The export volume is expected to remain steady at 7.0 thousand metric tons from 2024 to 2027, with a forecasted increase to 8.0 thousand metric tons by 2028.
Key observations:
- The export volume was stable at 5.0 thousand metric tons in 2014 and 2015.
- A 20% increase was recorded in 2016, remaining steady in 2017.
- A further 16.67% increase in 2018 led to 7.0 thousand metric tons, which held constant through 2023.
- The last two years saw no year-on-year growth.
- The CAGR over the last five years is 0%.
- The forecasted CAGR for the next five years (2024-2028) is 2.71%, with an overall growth rate of 14.29% by 2028.
Future trends to watch for include potential external factors affecting the sesame seed market, such as changes in global demand, trade policies, and climate conditions that might impact production and export capabilities.
