The import of prepared or preserved fruit mixtures to Saudi Arabia has shown significant fluctuations over the past decade. The actual data reveals a dramatic surge in 2016, followed by a general downward trend from 2017 onwards. By 2023, the import volume stood at 206.15 thousand kilograms, reflecting an 11.67% decrease year-on-year.
Notable trends include the initial peak in 2016, the subsequent reduction, and a more stable but declining phase starting in 2018. The compound annual growth rate (CAGR) over the last five years is -9.06%, indicating a consistent decline in imports.
Forecasted data suggests a continued downward trend, with an average annual decrease of 18.36% projected over the next five years, resulting in a 63.73% reduction in import volume by 2028.
Future Trends to Watch For:
- Impact of local production initiatives on import volumes
- Changes in consumer preferences towards fresh versus preserved fruits
- Trade policy adjustments and their effect on import patterns