The export value of pastries from Saudi Arabia to Jordan stood at 47.93 million USD in 2023. The forecast values exhibit a steady increase over the next five years, reaching 53.02 million USD by 2028. The variations in percentage for the years 2024 and 2025 show growth rates of 2.2% and 2.1% respectively, indicating moderate momentum. The Compound Annual Growth Rate (CAGR) over the five-year period is around 2.1%, reflecting consistent expansion.
Future trends to watch for:
- Potential impacts of trade agreements or tariffs between Saudi Arabia and Jordan.
- Consumer trends in Jordan, particularly rising demand for pastries and baked goods.
- Market entrée of new competitors affecting Saudi exports.