In 2023, pastry exports from Saudi Arabia to Kuwait stood at 38.83 million USD. The forecasted exports in million USD for the years 2024 to 2028 show a steady growth: 40.08 (2024), 41.39 (2025), 42.69 (2026), 43.97 (2027), and 45.24 (2028). From 2023 to 2024, the year-on-year growth is expected to be approximately 3.2%. For the subsequent years, growth rates are projected to be around 3.3% each year. The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 is anticipated to be about 3.3%.
Future trends to watch for include changes in consumer preferences in Kuwait, competitive dynamics with other exporting countries, and potential shifts in regulatory policies that could affect trade. Monitoring these factors will be crucial for anticipating market shifts and strategizing accordingly.