Based on the given forecast data, the share in total domestic material consumption of metals in Saudi Arabia is as follows:
- 2024: 4.16%
- 2025: 4.23% (Year-over-Year Variation: +1.68%)
- 2026: 4.29% (Year-over-Year Variation: +1.42%)
- 2027: 4.35% (Year-over-Year Variation: +1.40%)
- 2028: 4.40% (Year-over-Year Variation: +1.15%)
The Compound Annual Growth Rate (CAGR) over the five-year period (2024-2028) is approximately +1.43%.
Given this steady increase, future trends to watch for include sustainable practices in metal production, advancements in recycling technologies, and strategic investments in infrastructure to support the growing demand in metal consumption.
