The import of thermostats to Saudi Arabia is projected to decrease steadily from 824.26 thousand kilograms in 2024 to 809.31 thousand kilograms by 2028. The year-on-year variations are slight, with decreases of approximately 0.47% to 0.54% annually. Cumulatively, the compound annual growth rate (CAGR) over the five years is forecasted to decline by around 0.46% per year.
Given the consistent decrease, it is essential to monitor potential factors influencing these trends such as advancements in local manufacturing capabilities, increased adoption of smart home technologies, and regulatory changes in import policies.
