The forecast for sesame seed production in Mexico shows a consistent decline from 2024 to 2028. In 2024, production is expected to be 52.52 thousand metric tons, decreasing to 50.08 thousand metric tons by 2028. This represents a year-on-year decrease of approximately 1.2% to 1.4%.
Comparing to the actual production in 2023, the volume in 2024 represents a small decline, indicating a continuing downward trend. The compound annual growth rate (CAGR) for this period estimates an average yearly decline of about 1.2% over the next five years.
Future trends to watch for include climatic changes impacting agricultural yields, potential shifts in market demand, and technological advancements in farming practices which could counteract the forecasted decline.
