The forecast for Saudi Arabia's Transport Services Exports from 2024 to 2028 shows a gradual decline: from 14.72 in 2024 to 14.43 by 2028. In comparison to 2023, these values indicate a slight but continuous decrease in export services.
Year-on-year variation indicates a reduction by 0.48% from 2024 to 2025, followed by a successive yearly decline of approximately 0.55% until 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) averages a negative 0.49%, highlighting a marginal but steady downward trend.
Future trends to watch for:
- Global economic conditions affecting demand for transport services.
- Developments in alternative transport technologies and modes of transportation.
- Changes in trade policies and regional transportation agreements.
- Potential impacts of environmental regulations and sustainability trends on transport services.