The import of webs, mattresses, and other nonwoven fibreglass products to Saudi Arabia is forecasted to exhibit a consistent decline over the next five years. Starting from a volume of 1.3411 million kilograms in 2024, the imports are projected to decrease annually, reaching 0.91075 million kilograms by 2028. Comparing this to the volume in 2023, the data shows a steady downward trend.
The year-on-year percentage variations indicate a decrease:
- -8.25% in 2025
- -8.84% in 2026
- -9.51% in 2027
- -10.29% in 2028
Examining the average change over this five-year period, the compound annual growth rate (CAGR) reveals a -9.23% decrease per year.
Future trends to watch for include potential shifts in domestic production capabilities, changes in demand for these products within the local market, advancements in alternative materials, and fluctuations in economic conditions that could impact import volumes. Additionally, trade policies and international relations may influence the import trajectory.
