Forecast: Export of Frozen Shrimps and Prawns from Saudi Arabia

The forecast for the export of frozen shrimps and prawns from Saudi Arabia shows a steady increase from 62.151 million kilograms in 2024 to 74.735 million kilograms in 2028. In 2023, the export volume stood at 59 million kilograms. This indicates a year-on-year increase of 6.1% from 2023 to 2024. The yearly increase continues, with an average annual growth rate (CAGR) of around 5.1% over the next five years.

Future trends to watch for include potential impacts from global market demand shifts, changes in trade policies, and advancements in aquaculture technology. Monitoring these factors will be crucial for predicting future export volumes and identifying potential growth opportunities or challenges.

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