The import of dried grapes to Saudi Arabia stood at 15.000 million kilograms in 2023. Forecasted data from 2024 to 2028 shows a consistent annual growth in volume. The imports are expected to increase from 15.234 million kilograms in 2024 to 16.698 million kilograms in 2028, reflecting a year-on-year growth rate of approximately 2.5% from 2023 to 2024 and continuing with similar annual increments thereafter.
Key variations to note:
- 2023-2024: +1.56%
- 2024-2025: +2.48%
- 2025-2026: +2.37%
- 2026-2027: +2.27%
- 2027-2028: +2.17%
The Compound Annual Growth Rate (CAGR) for the period 2024 to 2028 is approximately 2.17%, indicating sustained growth.
Future trends to watch for include fluctuations in global supply chains, changes in consumer preferences, and potential trade policy adjustments. These factors could influence both the volume and value of dried grape imports in Saudi Arabia.