The demand for sesame seeds in Malaysia stood at 10.0 thousand metric tons in 2023. The data reveals a stable trend with minimal variation over the past decade, except for a brief peak in 2016 and a subsequent return to the stable demand level of 10.0 thousand metric tons by 2017. Year-on-year variations show a consistent 0% change from 2018 through 2023. The compounded annual growth rate (CAGR) over the last five years is 0%, indicating no growth or decline in demand. Forecasts for the next five years continue this trend with a stable demand projected at 10.0 thousand metric tons for 2028.
Future trends to watch for:
• Technological advances in agriculture that might affect sesame seed yields.
• Changes in consumer preferences toward healthier food options, potentially impacting sesames seeds demand.
• Economic policies and import regulations that could influence trade and availability of sesame seeds in the market.