Sesameseed oil production in Saudi Arabia saw fluctuations between 2014 and 2023. Steady production levels around 22-23 thousand metric tons were observed until 2018, when production sharply increased by 13.64% to 25 thousand metric tons, followed by a slight decline and stabilization. Recent years (2021-2023) maintained a stable output at 25 thousand metric tons.
Future trends indicate a gradual and stable increase from 2024 onwards, with a projected CAGR of 0.58% over the next five years, culminating in a total production of 26 thousand metric tons by 2028, reflecting a 2.93% growth over the forecast period.
Trends to watch for in the future include:
- Technological advancements in oil extraction techniques.
- Changes in domestic and global demand for sesameseed oil.
- Potential impacts of climate change on sesame crop yields.