The soybean supply in Saudi Arabia was at 786.0 thousand metric tons in 2023. By 2024, the forecasted supply is expected to reach 816.0 thousand metric tons, indicating a 3.8% year-on-year increase. The trend reveals a consistent growth pattern with the supply expected to reach 936.0 thousand metric tons by 2028. Over the last two years (2023-2025), the supply has increased by approximately 7.8%. For the last CAGR, there is an average annual increase of around 3.6% over the next five years (2024-2028).
Future trends to watch for include potential influences on soybean supply such as climate change impact, international trade policies, technological advancements in agriculture, and shifts in domestic demand driven by population growth and dietary changes. These factors could significantly affect both the sustainability and the volumes of soybean imports or domestic production in Saudi Arabia.
