Over the past decade, sesame oil production in Somalia has shown notable fluctuations. In 2013, production was at 9.0 thousand metric tons, dropping significantly in 2014 by 26.3%. However, subsequent years saw recovery and growth, peaking in 2018 with a notable increase of 5.83%. Recently, from 2021 to 2023, production displayed a more stable growth pattern with an average annual increase of approximately 2%. As of 2023, production reached 14.87 thousand metric tons.
Going forward, the forecast indicates continuous but modest growth, with annual increases expected to hover around 1.91% per year, leading to a total growth of 9.9% by 2028. This stability suggests a matured production phase but signals opportunities for optimization and enhancement in production techniques."
Future trends to watch for:
- Improvements in agricultural techniques and technology could drive higher yields.
- Possible impacts from climate change and geopolitical factors on production levels.
- Increased demand for sesame oil in global markets which may influence export strategies.
- Development of infrastructure and better supply chain management to bolster production capacity.