The import of marine propulsion diesel engines to Saudi Arabia showed a steady decline over the forecast period from 2024 to 2028, starting at 472.55 thousand kilograms in 2024 and reducing to 467.66 thousand kilograms in 2028. The actual import value in 2023 was not provided but can be inferred to be slightly above 472.55 thousand kilograms, based on the declining trend. Year-on-year percentage variations indicate a gradual decrease, highlighting a slow but consistent reduction in imports.
The average variation per year over the five-year span from 2024 to 2028, the CAGR, also indicates a negative growth trend, reflecting the consistent annual decline in import volume.
Future trends to watch for include potential increases in local manufacturing capabilities, policy changes, and advancements in alternative marine propulsion technologies. These could further influence the trajectory of marine diesel engine imports.
