Sesame seed production in Saudi Arabia stood at 3.8 thousand metric tons in 2023. The data shows variability over the past decade, with significant fluctuations in year-on-year percentage changes and compounded annual growth rates (CAGR). From 2024 onward, the production is forecasted to remain relatively stable, with a slight increase only evident by 2028.
Year-on-year variation analysis shows notable peaks and troughs, with some years witnessing strong growth and others dramatic declines. Noteworthy is the 31.51% increase in 2019, followed by a -12.5% decline in 2020. In recent years, growth has plateaued, with minor annual variations of 0.053% and 0.026% in 2022 and 2023 respectively.
Future trends to watch for:
- Stability in production levels in the near term, maintaining around 3.8 thousand metric tons annually.
- Minimal changes are forecasted with a 5-year CAGR of 0.03%, indicating steady output barring unexpected external influences.
- Potential impacts of climate change, technological innovations in agriculture, and policy changes related to agricultural support in Saudi Arabia.