The sesame seed processing industry in Nigeria has shown a volatile trend over the past decade, with significant fluctuations in production volumes. The period from 2014 to 2018 witnessed dramatic variations, including a peak in 2016 (190.0 thousand metric tons) and a sharp decline in 2018 (135.0 thousand metric tons). However, from 2019 onwards, the industry has seen a gradual stabilization, with a slight year-on-year increase, culminating in a steady growth forecasted through 2028, albeit at a modest compound annual growth rate (CAGR) of 0.48% over the next five years. This indicates a move towards more stable, albeit slow, growth in the sector.
Looking forward, key trends to watch include technological advancements in sesame seed processing, global market demand shifts, and the impact of climate change on sesame cultivation. These factors will play a crucial role in shaping the future trajectory of the sesame seed processing industry in Nigeria.
