Sesame opportunity

Japan, Turkey, South Korea, China, and Europe are among the major importers of sesame seeds from Nigeria. These countries use sesame seeds in various food products and culinary applications.

India is the largest exporter of sesame seeds globally. India has a well-established sesame industry with extensive production and export capabilities.

In Nigeria, sesame seeds are commonly known as "Ewe" or "Sesame". The term "Ewe" is derived from local languages and used in various regions of the country.

Investing in sesame farming is attractive due to Nigeria’s favorable growing conditions, increasing global demand for sesame seeds, and the potential for high profitability, especially with value-added products.

Sesame is primarily used for its seeds, which are consumed directly, used in baking, and for producing sesame oil. It's also used in traditional dishes and as an ingredient in snacks.

Key factors include soil quality, climate suitability, access to water, pest management, quality seed procurement, and effective marketing strategies.

The price of sesame seeds in Nigeria typically ranges from ₦1,200 to ₦1,800 per kilogram, though this can fluctuate based on market conditions and quality.

The most profitable sesame-based products are sesame oil, sesame paste (tahini), and roasted sesame seeds. These products often have higher profit margins than raw sesame seeds.

Earnings from sesame farming can vary but typically range from ₦200,000 to ₦500,000 per hectare, depending on yield, market prices, and efficiency of farming practices.

Government often gives incentives such as tax benefits, import duty exemptions on equipment, and grants under agricultural development programs aimed at enhancing sesame production.

Major challenges are mostly pests and diseases, inconsistent rainfall, fluctuating market prices, and inadequate infrastructure for processing and marketing.

Global demand for sesame seeds is high due to their nutritional value and use in various products. Nigeria is a significant producer and exporter, benefiting from this strong international demand.

Increasing mechanization, adoption of improved seed varieties, investment in processing facilities, and efforts to improve export quality and standards are some of the current trends.

Assess market demand by conducting market research, engaging with local buyers and processors, analyzing consumption trends, and exploring export opportunities.

Using high-quality seeds, ensuring proper soil preparation, managing pests and diseases effectively, and implementing good agricultural practices for planting and harvesting are ideally best for reaping excellent sesame yield.

ROI is determined by factors such as yield per hectare, market prices, production costs, efficiency of farming practices, and the ability to access high-value markets.

Growth opportunities include expanding into new domestic and international markets, developing value-added products, improving production techniques, and enhancing infrastructure for processing and distribution.