Sesame oil production in China has shown a consistent upward trend from 2013 to 2023, growing from 237.49 thousand metric tons in 2013 to 333.14 thousand metric tons in 2023. This represents an average annual growth of 3.15% over the period. The most significant year-on-year increases were seen in 2016 (8.36%) and 2021 (7.29%), while there was a slight decline in 2020 (-3.09%). The last two years saw a moderate yet positive growth, with 1.85% in 2022 and 1.78% in 2023.
Future trends indicate a steady growth trajectory with a forecasted annual growth rate (CAGR) of 1.38% until 2028, alongside a cumulative increase of approximately 7.09% over the next five years. As of 2023, sesame oil production is projected to reach 363.62 thousand metric tons by 2028.
Key future trends to watch for include changes in agricultural policies, technological advancements in oil extraction processes, and fluctuations in global sesame seed prices, which could impact production volumes and overall market dynamics.
