Saudi Arabia's import of fresh cheese is forecasted to reach 248.55 million USD in 2024, showing a continuous upward trend. The imports are projected to grow by 4.47% year-on-year by 2025, reaching 259.66 million USD. The growth trend persists with 4.20% year-on-year increase in 2026 to 270.56 million USD, followed by a 3.96% increase in 2027 to 281.23 million USD and a 3.71% increase in 2028 to 291.69 million USD. This indicates a Compound Annual Growth Rate (CAGR) of 4.06% from 2024 to 2028.
Future trends to watch for include:
- Shifting consumer preferences towards healthier and premium cheese options.
- Potential impacts of global supply chain disruptions.
- Changes in tariff policies and trade agreements.
- Potential increases in domestic production and its impact on imports.
