| Year | Volume (Thousand Metric Tons) | YoY Variation (%) |
|---|---|---|
| 2024 | 832.34 | - |
| 2025 | 828.82 | -0.42% |
| 2026 | 825.38 | -0.41% |
| 2027 | 822.01 | -0.41% |
| 2028 | 818.70 | -0.40% |
Compound Annual Growth Rate (CAGR): -0.33%
Future Trends to Watch
The import volume of vegetable oils in Saudi Arabia is projected to experience a gradual decline over the next five years. Factors such as domestic production increases, changes in dietary preferences, and government policies aimed at achieving food security and self-sufficiency could continue to influence this trend. Monitoring developments in agricultural investments and trade policies will be crucial for understanding future market dynamics.
