Saudi Arabia's import volume of oranges and mandarins has exhibited a mostly declining trend from 2014 to 2023, starting at 625.0 thousand metric tons and dropping to 536.0 thousand metric tons by 2023. The year-on-year variation for 2023 stood at -0.74%, with a CAGR of -1.05% over the last five years. Notably, there were some fluctuations within these years, such as a significant decrease in 2017 by -8.91% and a slight increase in 2018 by 4.24%. Between 2019 and 2023, the import volume showed variable trends, including a significant drop in 2020 by -5.85% and a slight recovery by 2021 with an increase of 4.12%. Forecast data indicates continued decline, with projected values dropping gradually from 536.0 thousand metric tons in 2023 to 510.22 thousand metric tons by 2028, marking a forecasted 5-year CAGR of -0.77% and an overall 5-year growth rate of -3.8%.
Future trends to watch for include potential shifts in global orange and mandarin supply chains, changes in local agricultural practices, and possible impacts of trade policies. Observing consumer preferences and economic conditions will be crucial in predicting future import volumes.
