In 2023, the volume of pastries exported to Bahrain by Saudi Arabia stood at 9.57 thousand metric tons. The forecasted data from 2024 to 2028 suggests a steady growth trajectory, with volumes expected to increase year-on-year. Specifically, the volume is projected to be 9.84 thousand metric tons in 2024, growing to 10.95 thousand metric tons by 2028. The year-on-year percentage variation from 2023 to 2024 is approximately 2.8%, while the compound annual growth rate (CAGR) over the five-year forecast period is around 2.7%.
Future trends to watch for:
- Shifts in consumer preference towards healthier pastry options.
- Potential trade policies or economic factors affecting export volumes.
- Technological advancements in production and supply chain efficiencies.
- Competitor activities and their impact on market share.
- Influence of global economic conditions on purchasing power and demand.