Sustaining a relatively steady trend, Eritrea's sesame oil production exhibited minimal fluctuation from 2013 to 2023, with the production standing at 623 Metric Tons in 2023. Despite minor year-on-year variations, the average decline per year for the last five years was -0.16% (CAGR). Observably, production forecasts indicate a continued slight downturn, with a forecasted value of 616.56 Metric Tons by 2028, translating to a cumulative 5-year average growth rate of -0.82%.
Future trends to watch for:
- Potential impacts of climate change on sesame crop yields.
- Market demand fluctuations impacting production adjustments.
- Technological advancements in sesame oil processing.
