Based on the data, the forecasted demand for sesame seeds in Chile shows a consistent upward trend from 2024 to 2028. The demand is projected to grow from 1.07 thousand metric tons in 2024 to 1.24 thousand metric tons in 2028. This demonstrates a Compound Annual Growth Rate (CAGR) of approximately 3.8% over the forecast period. Year-on-year, this represents a steady increase of around 3.7% to 4.2% each year. In 2023, the demand stood at 1.03 thousand metric tons.
Future trends to watch for include changes in consumer preferences towards healthier diets and organic products, which could further boost sesame seed demand. Additionally, monitoring trade policies and import regulations will be crucial, as they can significantly impact the availability and price of sesame seeds in Chile.
