| Year | Value | Year-on-Year Variation (%) |
|---|---|---|
| 2024 | 13.47 | 0% |
| 2025 | 11.71 | -13.06% |
| 2026 | 9.98 | -14.78% |
| 2027 | 8.28 | -17.02% |
| 2028 | 6.62 | -20.05% |
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -17.05%.
There is a clear downward trend in the import of numerically controlled metal working drill machines to Saudi Arabia. Moving forward, factors such as advancements in local manufacturing capabilities, government policies aimed at boosting domestic production, and fluctuations in global trade relations will be pivotal. The focus on economic diversification under Vision 2030 may also play an essential role in shaping the import dynamics of these machinery.
