The grapefruit market in Saudi Arabia experienced a steady growth from 2014 to 2023, with the market size volume reported at 36.0 Thousand Metric Tons in 2023. Over the last two years, the market demonstrated a year-on-year variation of 2.86%, consistent with a Compound Annual Growth Rate (CAGR) of 5.15% over the past five years. Historical data shows significant fluctuations, such as a 66.67% increase in 2015 and a 22.22% decrease in 2018. Forecast data project a stable growth trend with a five-year CAGR of 2.19%, anticipating the market size to reach 41.41 Thousand Metric Tons by 2028.
Future trends to watch for in the grapefruit market include potential shifts in consumer preferences towards healthier lifestyles, which may boost demand. Additionally, monitoring international trade policies and their impact on import-export dynamics, as well as any advancements in agricultural technology that could improve grapefruit yield and quality, will be essential for accurate market forecasting and strategic planning.
