Millet production in Saudi Arabia stood at 11.77 Thousand Metric Tons in 2023. From 2013 to 2013, the production exhibited overall positive growth with notable fluctuations. Key annual variations include a significant increase of 78.82% in 2014, followed by a mild decline in 2015, and a remarkable 32.09% rise in 2019. Despite a setback in 2020 with a 9.56% decrease, production rebounded steadily, achieving 11.77 Thousand Metric Tons by 2023 at an average annual growth rate (CAGR) of 6.38% over the last five years.
Looking forward, the forecast shows a continued upward trend with production expected to reach 13.31 Thousand Metric Tons by 2028, reflecting a 1.95% CAGR over the next five years. This indicates stable growth, albeit at a slower pace compared to past years.
Future trends to watch for:
- The impact of climate change and water scarcity on crop yields.
- Technological advancements in agricultural practices.
- Government policies aimed at enhancing food security and promoting sustainable farming.
- Market demand fluctuations and global millet supply dynamics.