The forecasted import of woven fabric of glass fibres to Saudi Arabia displays a significant downward trend from 2024 to 2028. In 2023, the import volume stood at 3.2 million kilograms. The year-on-year percentage variation reveals a steady decline: 16.7% in 2025, 19.6% in 2026, 23.8% in 2027, and 30.7% in 2028, reflecting a continuous decrease in demand or possible changes in sourcing strategies.
Over the last two years, the import volume has shown a marked downward movement, with a year-on-year decrease signaling lower consumption or shifts towards alternative materials or supply sources. The compound annual growth rate (CAGR) demonstrates a consistent average annual decrease of approximately 20.3% over the forecast period from 2024 to 2028.
Future trends to watch for include potential shifts in global supply chains, technological advancements in alternative materials, and changes in industry requirements that could impact the need for woven fabric of glass fibres. Additionally, policy changes related to trade and domestic manufacturing capabilities could further influence these trends.
