In 2023, the export of adhesives based on rubber or plastic from Saudi Arabia stood at 11.46 million kilograms. According to the forecasted data, this value is expected to increase steadily over the next five years. In 2024, the volume is predicted to be 11.994 million kilograms, growing to 14.09 million kilograms by 2028. The year-on-year variation shows a consistent rise: 4.73% in 2024, 4.5% in 2025, 4.2% in 2026, 3.97% in 2027, and 3.7% in 2028. The compound annual growth rate (CAGR) over the forecasted period is approximately 3.82%.
Future trends to watch for include advancements in adhesive technology, increasing global demand for sustainable and eco-friendly products, and potential fluctuations in raw material costs. Additionally, changes in global trade policies and economic conditions could impact export volumes. Keeping an eye on these trends will be essential for strategic planning and forecasting.
