Forecast: Import of Electronic Printed Circuits to Saudi Arabia

The import of electronic printed circuits to Saudi Arabia has shown a consistent decline over the past decade. From 2013 to 2023, the volume fell from 71.46 Thousand Kilograms to 29.88 Thousand Kilograms. Key year-on-year variations include a substantial reduction of 22.8% in 2020 and a slight rebound of 11.61% in 2021. However, the overall trend continues on a downward trajectory with an average annual decline (CAGR) of approximately 6% over the last five years.

Forecasts indicate that this descending trend will persist from 2024 to 2028, with an anticipated five-year CAGR of -10.12%, leading to a total decrease of 41.36% by 2028.

Future trends to watch for:

  • Changes in Saudi Arabia's technological investment or manufacturing capabilities, which could alter import needs.
  • Global supply chain shifts, particularly in electronics manufacturing and logistics.
  • Developments in trade policies and international relations impacting import dynamics.

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