Forecast: Import of Frozen Fish to Saudi Arabia

In 2023, Saudi Arabia imported frozen fish with a value of X million US dollars. Based on the forecasted data, the import value is expected to increase from 86.289 million US dollars in 2024 to 92.972 million US dollars in 2028. The year-on-year percentage variation shows a consistent growth pattern: 2.00% in 2025, 1.92% in 2026, 1.84% in 2027, and 1.78% in 2028. Analyzing the last two years (2027-2028) shows stable demand, and calculating the CAGR (Compound Annual Growth Rate) over the last 5 years results in an average annual increase of 1.89%.

Future trends to watch for:

  • Changes in dietary preferences in Saudi Arabia leading to increased or decreased fish consumption.
  • Impact of local fish production and sustainability initiatives on import volumes.
  • Potential trade agreements or restrictions affecting international frozen fish trade routes.

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