The corn supply in Saudi Arabia is forecasted to grow steadily from 2024 to 2028, starting at 5.06 million metric tons in 2024 and reaching 5.62 million metric tons by 2028. This follows a consistent year-on-year increase, with an average annual growth rate (CAGR) of 2.6% over the five-year period. In 2023, actual supply stood at 4.92 million metric tons, reflecting a robust upward trend.
Year-on-year variations:
- 2024: + 2.8%
- 2025: + 2.8%
- 2026: + 2.7%
- 2027: + 2.6%
- 2028: + 2.6%
Future trends to watch for include the impact of climate change on agricultural output, government policies aimed at increasing food security, and potential advancements in agricultural technology which could further influence corn production and supply.
