In 2023, the import of glass microspheres to Saudi Arabia stood at 515.24 thousand kilograms. From 2024 onwards, a declining trend is anticipated, with forecasted imports valued at 486.08 thousand kilograms in 2024, reducing to 367.7 thousand kilograms by 2028.
Year-on-year variations show a consistent decrease:
- 2024: -5.67%
- 2025: -6.28%
- 2026: -6.59%
- 2027: -6.87%
- 2028: -7.24%
The average annual decrease (CAGR) over the last five years stands at -6.53%.
Future trends to watch for include potential technological advancements that may reduce dependency on imported glass microspheres, shifts in local production capabilities, and evolving demand in industries utilizing these materials. Additionally, trade policies and economic conditions could significantly impact future import volumes.
