Forecast: Import of Articles of Apparel and Clothing Accessories to Saudi Arabia

Based on the historical data and forecasted figures, the import of articles of apparel and clothing accessories to Saudi Arabia showcased significant volatility but demonstrated an overall upward trend. After a substantial dip in 2014 and some fluctuation thereafter, the value consistently increased since 2018, reaching 2.1671 million USD in 2023, with a year-on-year growth of 3.33% from 2022. The compound annual growth rate (CAGR) over the past five years stood at 5.35%.

Looking ahead, forecasted data from 2024 to 2028 suggest a continuous but moderate growth with an estimated five-year CAGR of 2.45%, indicating a more stabilized and sustained increase in imports. The overall growth rate projected to be about 12.84% over this period.

Future trends to watch for:

  • Evolving fashion trends and consumer preferences in Saudi Arabia.
  • Economic policies and trade agreements affecting import tariffs and regulations.
  • Potential impacts of global supply chain disruptions and geopolitical events.
  • Increasing demand for luxury and branded apparels.
  • Growth in e-commerce and digital retail channels augmenting imports.

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