Between 2013 and 2023, energy consumption in agriculture in Saudi Arabia experienced fluctuations with an overall slight growth trend. The consumption value stood at 0.26 in 2023, showing a consistent plateau since 2018. Year-on-year variations indicate minor instabilities, with notable increases in 2016 and 2020, and slight decreases in other years. The compound annual growth rate (CAGR) varied, recently stabilizing at 0% from 2021 to 2023.
The forecasted data from 2024 to 2028 indicates that energy consumption in this sector will remain steady at 0.26. The 5-year forecast CAGR and growth rate also stand at 0%, suggesting no expected changes in consumption levels.
Future trends to watch for:
- Technological advancements in energy efficiency
- Government policies impacting agricultural energy use
- Potential shifts due to climate change and resource availability
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