| Year | Value (Thousand Metric Tons) | YoY Variation (%) |
|---|---|---|
| 2024 | 8.34 | - |
| 2025 | 8.59 | 3.00% |
| 2026 | 8.83 | 2.79% |
| 2027 | 9.07 | 2.72% |
| 2028 | 9.31 | 2.65% |
The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) is approximately 2.79%.
Future Trends
Future trends to watch include the impact of global demand for animal fats, changes in dietary preferences, and potential shifts in Saudi Arabia's agricultural policies. Monitoring these factors will provide valuable insights into the export dynamics and market opportunities for animal fats from Saudi Arabia.
