The demand for sesame seeds in Sweden has experienced notable stability over the years, starting from 2.0 Thousand Metric Tons from 2014 to 2017. However, from 2018 onwards, demand halved to 1.0 Thousand Metric Tons and has remained constant up to 2023. The year-on-year variation has been zero from 2019 to 2023, indicating a stagnant market. The Compound Annual Growth Rate (CAGR) over the last five years stands at -12.94% due to the significant drop in 2018, but from 2019 to 2023, it has been steady at 0%.
Future trends to watch for:
- Possible shifts due to changing consumer preferences towards health foods containing sesame.
- Impact of global supply chain dynamics and potential price fluctuations.
- Innovative uses in Swedish cuisine and food products that may increase demand.