The market size volume for lemons and limes in Saudi Arabia was 36.1 thousand metric tons in 2023. Based on forecasted data, the market is expected to experience steady growth, rising to 37.2 thousand metric tons in 2024, 38.33 thousand metric tons in 2025, 39.43 thousand metric tons in 2026, 40.52 thousand metric tons in 2027, and 41.58 thousand metric tons in 2028. This represents a consistent year-on-year increase in demand.
The annual growth rates over the previous years observed a significant upward trend:
- From 2023 to 2024: 3.05%
- From 2024 to 2025: 3.04%
- From 2025 to 2026: 2.87%
- From 2026 to 2027: 2.76%
- From 2027 to 2028: 2.62%
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.87%, reflecting a stable increase in volume demand over the five-year period.
Future trends to watch for include the impact of new agricultural policies, technological advancements in farming practices, and potential fluctuations in consumer preferences towards organic and locally sourced produce, which could further influence market dynamics.