Forecast: Barley Import Volume in Saudi Arabia

The barley import volume in Saudi Arabia for 2023 was at 8.07 million metric tons. Forecasts for the period from 2024 to 2028 show a gradual increase in imports starting at 8.09 million metric tons in 2024 and reaching 8.2 million metric tons by 2028. The year-on-year variation from 2023 to 2024 is approximately 0.25%, followed by 0.37% from 2024 to 2025, 0.25% from 2025 to 2026, 0.37% from 2026 to 2027, and 0.37% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the period from 2023 to 2028 is around 0.29%, indicating a steady but modest increase in import volumes.

Future trends to watch for include fluctuations in global barley production levels, potential changes in Saudi Arabia's domestic agricultural policies, shifts in trade agreements or tariffs, and evolving demand patterns within the country's livestock and brewing industries.

Top Countries about Bulk Shipping