Forecast: Sesame Seed Demand in Mexico

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.

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