In 2023, India's sesame seed oil export volume stood at approximately 11.5 thousand metric tons. By 2024, forecasts suggest an increase to 12.0 thousand metric tons. The expected volume reveals a 4.35% year-on-year growth from 2023 to 2024. From 2024 to 2025, the growth rate is predicted to hold steady at 8.33%. No further growth is anticipated through 2028, stabilizing at 13.0 thousand metric tons, indicating a consistent CAGR of 2.51% from 2024 to 2028.
Future trends to watch for include:
- Potential market demand variations from the global food and personal care sectors.
- Impact of domestic agricultural policies on sesame seed production.
- Global trade dynamics and tariff changes affecting export conditions.
- Technological advancements in oil extraction and processing that may impact efficiency and yield.