In 2013, grape production in Saudi Arabia stood at 134.48 Thousand Metric Tons. By 2023, it reached 110.09 Thousand Metric Tons, a gradual recovery from the substantial drop observed in 2014. The historical data shows fluctuations with significant growth in 2018 and continued albeit moderate increases from 2019 onwards. Specifically, the year-on-year variation over the last two years was approximately 0.96% in 2022 and 0.93% in 2023. The 5-year CAGR leading up to 2023 is around 1.95%. Future forecasts suggest a steady increase in production, with an anticipated 5-year CAGR of 0.74% through 2028, translating to a cumulative growth rate of 3.75%.
Future trends to watch for:
- Technological advancements in agriculture
- Government policies on crop diversification and support
- Climate change impacts and adaptations
- Market demand and international trade dynamics