Forecast: Import of Primary Cells and Primary Batteries to Saudi Arabia

In 2023, Saudi Arabia's import of primary cells and primary batteries stands at a certain level. Moving into the forecasted data, the value is predicted to grow incrementally from 2024 through 2028. Specifically, in 2024, the value is forecasted at 54.205 million USD, increasing each subsequent year to reach 57.483 million USD by 2028. This represents a steady year-on-year growth in the value of imports.

Year-on-year variations reveal the following percentages:

- 2024 to 2025: approximately 1.56%

- 2025 to 2026: around 1.50%

- 2026 to 2027: about 1.45%

- 2027 to 2028: nearly 1.40%

The Compound Annual Growth Rate (CAGR) over this five-year period suggests a consistent average annual growth rate of approximately 1.48%. This steady increase highlights a modest but reliable growth trend.

Future trends to watch for include potential technological advancements in battery efficiency, increased local production capabilities, and market shifts due to environmental regulations and sustainability initiatives. The potential impact of economic conditions and trade policies on import levels should also be closely monitored.