The forecasted import values (in thousand kilograms) of coir floor coverings to Saudi Arabia from 2024 to 2028 are as follows:
- 2024: 138.88
- 2025: 142.03
- 2026: 145.12
- 2027: 148.15
- 2028: 151.12
Year-on-year variation in percentage:
- 2025: 2.27%
- 2026: 2.17%
- 2027: 2.09%
- 2028: 2.01%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.13%.
Future Trends to Watch
The forecast indicates a steady and modest increase in the import of coir floor coverings to Saudi Arabia. Future trends to monitor include potential changes in consumer preferences towards sustainable and eco-friendly products, as well as any shifts in trade policies or tariffs that could impact import volumes.