The volume of sweetener imports in Saudi Arabia stood at 1.76 million metric tons in 2023. Over the period from 2014 to 2023, the import volume has experienced fluctuations, with the year-on-year variation ranging from a high of 20.48% in 2021 to a low of -17% in 2020. The compound annual growth rate (CAGR) over the last five years was relatively modest at 0.35%, indicating a stable trend in recent years. Looking forward from 2024 to 2028, the forecasted import volumes remain steady at 1.76 million metric tons each year, resulting in a forecasted five-year CAGR of 0.01%.
Future trends to watch for in the sweetener import market in Saudi Arabia include potential changes in dietary habits, government health initiatives aimed at reducing sugar consumption, and economic factors that may influence import volumes. Additionally, exploring alternative sweeteners and shifts in the global sweetener market could impact future import trends.
