From 2013 to 2023, domestic consumption of shelled pistachios in Saudi Arabia has shown fluctuations, with notable growth in 2014, 2016, and particularly in 2020, where consumption surged by 33.61%. In contrast, there were declines in 2015, 2017, and 2023, when consumption fell by 8.48%. By 2023, consumption stood at 17.02 Thousand Metric Tons. The Compound Annual Growth Rate (CAGR) over the last five years was 11.68%, reflecting overall positive long-term growth despite periodic downturns.
Looking ahead, the forecast for the period from 2024 to 2028 indicates a steady increase in domestic consumption, with a 5-year forecasted CAGR of 4.55%, which suggests moderate but consistent growth. This period is expected to see an overall growth rate of 24.89% by 2028.
Future trends to watch for include potential impacts from shifts in consumer preferences towards healthier snacks, economic factors influencing disposable income, and any changes in pistachio supply chains that may affect availability and prices.