In 2023, the import value of domestic electric coffee or tea makers to Saudi Arabia stood at 56 million US dollars. The forecasted data for 2024 indicates a value of 58.7 million US dollars, reflecting a year-on-year increase of approximately 4.8% from 2023. This upward trend continues in the subsequent years: 2025 (61.1 million US dollars, +4.1%), 2026 (63.5 million US dollars, +3.9%), 2027 (65.8 million US dollars, +3.7%), and 2028 (68.1 million US dollars, +3.5%). The compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be around 4% annually.
Future trends to watch for include:
- The increasing demand for premium and smart coffee or tea makers.
- Potential shifts due to advancements in technology and consumer preferences toward automated and app-controlled devices.
- The influence of global supply chain disruptions and changing tariffs on import values.
- The evolving tastes of younger demographics and the growth in domestic coffee culture.