The demand for sesame seeds in China has been gently increasing from 2014 to 2023, starting at 1.18 million metric tons in 2014, and reaching 1.29 million metric tons in 2023. Noteworthy fluctuations include a sharp decline in 2020 with a year-on-year drop of 4.55%, followed by an immediate recovery in 2021 with a 5.76% increase. Over the last two years, year-on-year growth has stabilized at 0.47%. Looking at the five-year CAGR leading to 2023, it stands at 0.46%, indicating a modest average annual growth.
From 2024 onwards, the projections suggest a continued steady rise with a five-year CAGR of 0.37% and overall five-year growth of 1.87%, reaching 1.32 million metric tons by 2028.
Future trends to watch for include:
- Market responses to global supply chain disruptions
- Changes in domestic agricultural policies affecting sesame cultivation
- Shifts in consumer preferences and health trends
- Technological advancements in agricultural practices
