Saudi Arabia's maize import value stood at 758.12 million USD in 2023. The following forecasted values for 2024 through 2028 show an upward trend, indicating a steady increase in maize imports. The year-on-year variation data indicates a consistent growth pattern: 2.1% increase from 2024 to 2025, 2% from 2025 to 2026, 2% from 2026 to 2027, and 1.9% from 2027 to 2028. The average Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) stands at approximately 2%.
Future trends to watch for include:
• Impact of domestic agricultural policies on maize import necessity
• Fluctuations in global maize production and prices
• Changes in regional dietary preferences and their effect on maize demand
• Potential competing demands for maize in biofuel production versus food industry needs
