In 2023, the import of plastic table and kitchen ware to Saudi Arabia stood at 59.319 million kilograms. The year-on-year variation for 2023 was 2.07%, marking a continued but slight growth from the previous year's 7.54%. Over the last two years, the imports have seen fluctuating trends, showing 17.04% growth in 2021 followed by a more modest 7.54% in 2022. The compound annual growth rate (CAGR) over the last five years is 4.17%, reflecting a generally positive trend despite some volatility.
Looking ahead, the forecasted data suggest a steady increase in import volumes, with an anticipated 1.6% CAGR from 2024 to 2028. By 2028, imports are projected to reach 65.442 million kilograms, indicating a total growth rate of 8.28% over the five years.
Future trends to watch for include:
- Global supply chain dynamics and potential disruptions
- Changes in consumer preferences towards sustainable and recyclable materials
- Economic and regulatory shifts within Saudi Arabia that could impact import policies
- Technological advancements in manufacturing and packaging of plastic products
- Trade policies and international relations affecting trade flows
