The sesame seed market in Egypt displayed notable fluctuations from 2014 to 2023, starting with a value of 46.0 thousand metric tons and gradually rising to 56.0 thousand metric tons in 2023. Significant annual variations include a peak increase of 14.58% in 2018 and a major drop of 12.24% in 2016. The average annual growth for the last five years (2018-2023) was modest, presenting a CAGR of 0.36%. Forecasts suggest a continued, albeit slow, growth rate, with a projected CAGR of 0.69% through 2028, leading to an estimated market size of 59.0 thousand metric tons.
Future trends to watch for include:
- Technological advancements in agricultural practices
- Shifts in consumer demand towards organic and non-GMO products
- Regulatory changes affecting imports and exports