Based on the provided data, the year-on-year percentage variations of basic metals exports from Saudi Arabia to Morocco are as follows:
- 2024: Base year at $12.294 million
- 2025: 3.06% ($12.669 million)
- 2026: 2.89% ($13.035 million)
- 2027: 2.75% ($13.395 million)
- 2028: 2.64% ($13.748 million)
The compound annual growth rate (CAGR) across 2024-2028 is approximately 2.83%.
Future Trends to Watch
Future trends to watch include potential shifts in global commodity prices, geopolitical stability impacting trade routes, advancements in metallurgical technology, and regional economic policies that may either facilitate or hinder trade. These factors will help determine whether the forecasted steady growth rate will hold true, or if more volatility should be anticipated.
