In 2023, corn domestic consumption in Saudi Arabia stood at 4.51 million metric tons. Based on the forecasted data, there is an upward trend in consumption from 2024 to 2028, with an annual average growth (CAGR) of approximately 3%. The year-on-year percentage increase for 2024 is 3.1%, for 2025 is 3.0%, for 2026 is 2.9%, for 2027 is 2.8%, and for 2028 is 2.8%. This consistent growth indicates a steady rise in demand for corn.
Future trends to watch for include potential impacts from advances in agricultural technology, changes in dietary preferences and food production, and the influence of economic policies on the agricultural sector. Additionally, environmental factors such as climate change could affect corn yield and hence its consumption trends.
