The distribution of table grapes in Saudi Arabia has demonstrated a steady upward trend from 2013 to 2023, with the market standing at 75.42 Thousand Metric Tons in the latter year. Over the last two years, the year-on-year growth has been consistent yet moderate, with a 2.53% increase in 2022 followed by a 2.45% rise in 2023. The 5-year CAGR leading up to 2023 is 4.84%, indicating sustained growth in this period.
From 2024 onward, forecasted data suggests a continued but decelerating growth trend with a forecasted 5-year CAGR of 1.74%, leading to an expected volume of 84.15 Thousand Metric Tons by 2028. This shift points to a cumulative growth rate of 9.01% over the next five years, reflecting a slower expansion compared to the previous decade.
Future trends to watch for include potential impacts of changes in consumer preferences, advancements in agricultural technology, and evolving import-export policies within the region, which may affect both supply and demand dynamics in the table grape market.