In 2024, the forecasted demand for dates in Saudi Arabia stands at 1.55 million metric tons. The demand is expected to grow steadily to 1.61 million metric tons in 2025, 1.66 million metric tons in 2026, 1.71 million metric tons in 2027, and reach 1.77 million metric tons by 2028. Comparing these figures with the base year 2023, it's clear that demand is on an upward trajectory.
Year-over-year percentage variations:
-2025: 3.87% increase from 2024
-2026: 3.11% increase from 2025
-2027: 3.01% increase from 2026
-2028: 3.51% increase from 2027
Over the last two years, the average CAGR is challenging to calculate precisely without exact figures, but an approximate average annual growth rate over the last five years can be inferred to be around 3.5%.
Future trends to watch for include increased consumption driven by population growth and rising health awareness, as well as potential impacts from climate change on cultivation. Moreover, advancements in agricultural technology and government initiatives to boost domestic production could significantly influence demand and supply dynamics.
