The sesame seed processing industry in Saudi Arabia has experienced moderate fluctuations over the last decade. Starting from 45.0 thousand metric tons in 2014, the volume peaked at 51.0 thousand metric tons in 2018 before stabilizing around a similar value from 2021 to 2023. Over the last three years leading up to 2023, the volume held steady at 51.0 thousand metric tons, indicating a period of stability. Year-on-year variation showed notable changes, peaking at a 13.33% increase in 2018 and stabilizing thereafter. The overall Compound Annual Growth Rate (CAGR) over the past five years stood at 0.77%, projecting modest growth. Forecasts suggest a slight increase to 53.0 thousand metric tons by 2028, with a five-year growth rate of 3.92% and a forecasted CAGR of 0.77%.
Future trends to watch for include technological advancements in processing methods, changes in domestic and international demand, and any policy changes affecting agricultural practices. Market players should also monitor global sesame seed prices and factor in any potential impacts from climate change on sesame crop yields.