Based on the provided forecasted data from 2024 to 2028, the import quantities (in million kilograms) are as follows:
- 2024: 8.1261
- 2025: 8.5948
- 2026: 9.0541
- 2027: 9.5042
- 2028: 9.9453
The year-on-year (YoY) variation percentages are:
- 2025: 5.76%
- 2026: 5.35%
- 2027: 4.98%
- 2028: 4.64%
The compound annual growth rate (CAGR) over the forecast period (2024-2028) is observed to be approximately 5.17%.
Key trends to monitor include technological advancements in semiconductor manufacturing, policy shifts towards renewable energy, and regional economic diversification strategies. These factors are likely to continue driving steady growth in imports of photosensitive, photovoltaic, and LED semiconductor devices into Saudi Arabia.
