The forecast for soybean oil export volume in Saudi Arabia indicates a declining trend from 2024 to 2028, starting at 55.33 thousand metric tons in 2024 and gradually decreasing to 49.41 thousand metric tons by 2028.
Analyzing the year-on-year variations, there is a consistent decrease, with the volume for 2025 lower than 2024 by approximately 2.7%, for 2026 lower than 2025 by around 2.8%, for 2027 lower than 2026 by near 2.8%, and for 2028 lower than 2027 by about 2.8%.
Considering a longer period, the (CAGR) over the five years from 2024 to 2028 is approximately -2.8%, indicating an average annual decline of soybean oil export volume in Saudi Arabia.
For future trends, it will be crucial to monitor potential shifts in global demand, technological advancements in oil production, and geopolitical factors that could impact both the supply chain and trade policies, potentially influencing export volumes.
