India's sesame seed production in 2023 stood at 702.75 thousand metric tons. Sesame seed production has demonstrated fluctuating trends over the years. Between 2013 and 2015, the sector saw a growth phase, peaking in 2015. This was followed by a drop in production in 2016, a trend that persisted sporadically until 2020. The decline continued, albeit at a slower pace, through 2023. The compound annual growth rate (CAGR) from 2019 to 2023 showed a negative trend of -1.44%.
Looking forward, the forecast suggests a further decline in sesame seed production. Over the next five years (2024-2028), the projected CAGR is -0.23%, indicating a continued downturn. The growth rate over these five years is expected to average -1.14% yearly.
Future trends to watch for:
- Impact of climate change on agricultural yields
- Technological advancements in farming practices
- Domestic and international market demand for sesame seeds
- Government policies and support for the agricultural sector
