In 2023, the import value of composite paper and paperboard to Saudi Arabia was 1.6634 million US dollars, reflecting a year-on-year decrease of 4.53%. Over the past two years, the imports have mostly declined, showing year-on-year variations of -4.42% in 2022 and -4.53% in 2023. The five-year CAGR, from 2019 to 2023, stood at -6.38%. This suggests a negative growth trend in recent years. Moreover, forecasting data indicates the decline is expected to continue, with an estimated five-year CAGR of -4.52% from 2024 to 2028, projecting a total decrease in import value of 20.66% by 2028.

Future trends to watch for:

Changes in regulatory policies regarding import restrictions and tariffs.
Technological advancements in local paper production.
Shifts in consumer demand towards sustainable and eco-friendly packaging materials.
Global supply chain dynamics and raw material availability.