Below is the year-on-year variation in percentage for the forecasted import values from 2024 to 2028:
- 2024-2025: 2.17%
- 2025-2026: 2.08%
- 2026-2027: 2.00%
- 2027-2028: 1.92%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is calculated to be approximately 2.04% per year.
Future Trends to Watch: The steady increase in import volume of railway passenger and special purpose coaches suggests a growing demand driven by infrastructure development and expanding urbanization in Saudi Arabia. Monitoring government policies regarding transportation and potential investments in domestic manufacturing will be crucial in predicting future import needs.
