Key Market Indicators
Saudi Arabia's metal products export market is projected to hit approximately $57.7 million by 2028, up from $47.4 million in 2023. This marks an annual compound growth rate (CAGR) of 3.1%. Since 1996, the country's metal products supply has increased annually by 5.4%. On the import side, Saudi Arabia's metal products are expected to reach about $576.8 million by 2028, rising from $524.7 million in 2023. This reflects an average annual growth rate of 1.5%. Demand for metal products in Saudi Arabia has been on the rise since 1996, with an annual increase of 2.2%.
