Based on the provided data, Saudi Arabia's corn production is forecasted to remain stable at 15.0 thousand metric tons from 2024 to 2027, with a slight increase to 16.0 thousand metric tons in 2028. In 2023, the actual production stood at 14.5 thousand metric tons.
The year-on-year variation shows a stable trend from 2024 to 2027 with no change, followed by a 6.67% increase in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 suggests a modest average annual growth rate of 1.92%.
Future trends to watch for include advancements in agricultural technology, government policies encouraging agricultural self-sufficiency, and potential impacts from climate change. Monitoring these trends will be vital for understanding the long-term direction of corn production in Saudi Arabia.
