Forecast: Furniture Exports to Saudi Arabia by United Arab Emirates

Furniture exports from the United Arab Emirates to Saudi Arabia stood at 213.54 million USD in 2023. Over the years, the market has shown significant fluctuations, notably a sharp increase in 2017 and continued growth in the following years. The year-on-year variation in 2022 was 6.43%, while in 2023 it was 5.92%. The CAGR over the last five years is calculated to be 3.38%, indicating steady growth despite minor fluctuations.

Future trends to watch for:

  • A forecasted CAGR of 3.7% suggests continued, albeit slower, growth in the coming five years.
  • Overall, the furniture export market is expected to reach 269.91 million USD by 2028.
  • Potential impacts of global economic conditions and trade policies between UAE and Saudi Arabia could influence growth rates.

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