In 2023, actual beef and veal meat production in Saudi Arabia stood at 41.0 thousand metric tons. Forecast data indicate a gradual annual increase, with production expected to reach 42.0 thousand metric tons in 2024, 43.0 thousand metric tons in 2025 and 2026, and eventually 44.0 thousand metric tons by 2027 and 2028.
Year-on-year changes are as follows:
- 2024: +2.4%
- 2025: +2.38%
- 2026: 0.00%
- 2027: +2.33%
- 2028: 0.00%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.80%.
Future trends to watch for include possible fluctuations in local demand and international trade policies that could impact production levels. Monitoring advancements in livestock farming practices and sustainability efforts will also be important as these factors could significantly influence future production trends.