In 2023, the sesame seed production in Nigeria stood at 544.52 thousand metric tons. Over the last two years, the year-on-year increase was 2.1% in 2022 and 2.02% in 2023. Observing trends over the past five years, the compound annual growth rate (CAGR) has averaged 2.55%, indicating a modest yet steady growth in production.
Significant fluctuations were noticed over the years. Between 2014 and 2015, sesame seed production dropped considerably, while 2016 saw a sharp increase of 37.12%. From 2018 to 2020, production levels remained relatively stable, with modest growth observed from 2021 onwards. Forecasts from 2024 to 2028 suggest a continued upward trajectory, with a forecasted 5-year CAGR of 1.43% and an overall 7.37% growth rate by 2028.
Future trends to watch for include advancements in agricultural techniques, climate change impacts, and changes in government policies promoting crop diversification. These factors could influence production levels significantly.
