The mustardseed and rapeseed market size in Saudi Arabia was 2.0 thousand metric tons in 2023. From 2024 to 2028, it is forecasted to experience steady growth with volumes increasing from 2.1 thousand metric tons in 2024 to 2.3 thousand metric tons by 2028. The year-on-year growth is relatively stable at around 4.5% from 2026 onwards, after maintaining a 0% growth in the years 2024 and 2025. The overall CAGR over the five-year period is approximately 2.4%.
Future Trends to Watch For:
- Technological advancements in agriculture improving yield.
- Increasing demand for plant-based oils and protein sources.
- Potential impacts of climatic changes on crop productivity.
- Government policies and investment in the agricultural sector.
- Fluctuations in global market prices affecting local production and consumption.
