The gross production of primary vegetables and fruits in Saudi Arabia is projected to grow steadily from 2024 to 2028, starting at $2.8621 billion in 2024 and reaching $2.9835 billion by 2028. The year-on-year growth rates respectively are 1.08% for 2025, 1.05% for 2026, 1.03% for 2027, and 1.01% for 2028. Comparing the forecasted values in 2024 with the actual value in 2023, this represents a consistent annual increase.
Key points:
- 2024: $2.8621 billion
- 2025: $2.8929 billion
- 2026: $2.9234 billion
- 2027: $2.9536 billion
- 2028: $2.9835 billion
Over the next five years, the Compound Annual Growth Rate (CAGR) stands approximately at 1.03%. Future trends to watch for include advancements in agricultural technology, increased focus on sustainable farming practices, and potential environmental impacts that may affect production. Monitoring these factors could provide deeper insights into potential variability in these forecasts.
