Domestic consumption of table grapes in Saudi Arabia increased substantially from 2013 to 2023, rising from 44.78 thousand metric tons to 75.42 thousand metric tons. This reflects an impressive CAGR of 4.84% over the last five years. Notably, the annual growth rate was highest in 2015 at 24.48%, with a significant dip in 2017 at -9%. Over the past two years (2022-2023), consumption grew by 2.45%, indicating a steady increase.
Forecasts from 2024 to 2028 suggest continued growth, reaching up to 84.15 thousand metric tons in 2028. The forecasted 5-year CAGR is expected to be 1.74%, indicating a slower but ongoing increase in consumption, with an overall forecasted growth rate of 9.01% over this period.
Future trends to watch for include:
- Potential fluctuations in annual growth influenced by economic, climatic, and import-export factors.
- Consumer preferences shifting towards healthier food options, potentially boosting demand.
- Government policies impacting agricultural imports, which could affect supply chains and consumption rates.
