In 2023, the import value of artificial flowers, foliage, and fruit to Saudi Arabia stood at 34.973 million USD. Forecast data for the subsequent years indicate a steady increase in import values: 36.239 million USD in 2024, 37.683 million USD in 2025, 39.097 million USD in 2026, 40.484 million USD in 2027, and 41.842 million USD in 2028. Over the last two years, this represents a year-on-year variation of approximately 3.6% from 2025 to 2026 and 3.6% from 2026 to 2027. The CAGR over the five-year period from 2023 to 2028 is around 3.6%.
Future trends to watch for include:
- Consumer preferences shifting towards sustainable and eco-friendly artificial decorations.
- Potential impacts of economic policies and trade agreements on import tariffs.
- Emerging design trends influencing demand for new types of artificial flowers and foliage.
- Technological advancements in manufacturing leading to higher quality and more lifelike artificial plants.
- Market demand influenced by cultural events and celebrations.