The import of dried apricots to Saudi Arabia has shown significant fluctuations over the past decade. Starting in 2013 at 763.0 thousand kilograms, imports experienced a dip in 2014 but then generally grew, reaching 1592.2 thousand kilograms by 2023. The annual growth rate has been volatile, with notable increases in 2016 (52.15%) and 2018 (24.69%) and decreases such as in 2014 (-28.05%) and 2020 (-12.66%). Over the last two years, the year-on-year variation was 4.55% in 2022 and 4.26% in 2023. The five-year compound annual growth rate (CAGR) from 2019 to 2023 was 3.52%, with a forecasted 3.04% CAGR for the next five years, suggesting moderate but steady growth ahead.
Future trends to watch for in the import of dried apricots to Saudi Arabia include potential impacts of changes in trade policies, shifts in consumer preferences towards healthy snacks, and possible supply chain disruptions that could affect import volumes. Monitoring these factors will be crucial for stakeholders in the dried apricot market.
