The demand for sesame seeds in Mexico has experienced fluctuating trends over the past decade, with the volume standing at 89 thousand metric tons in 2023. Year-on-year variations reflect notable shifts, such as significant increases of 11.43% in 2015 and 16% in 2018, and declines such as -6.41% in 2016 and -3.88% in 2020. Over the last two years, the demand demonstrated a slight positive growth, registering increases of 1.15% in 2022 and 1.14% in 2023. The 5-year CAGR stands at 0.46%, reflecting moderate growth, moving from a lower base.
Future trends to watch for include:
- An anticipated annual growth rate of 0.98% over the next five years, culminating in a 4.98% total growth by 2028.
- Potential impacts of climatic changes on agricultural output and sesame seed production.
- Shifts in consumer preferences towards healthy diets may stimulate higher sesame seed consumption.
- Evolving trade policies could affect import-export dynamics and overall demand.