By analyzing the import data for fresh grapes to Saudi Arabia, it is observed that the volume stood at 68.474 million kilograms in 2023. The trend over the last decade shows variability, with significant increases and decreases but generally portraying a long-term growth. The last two years displayed consistent increases: 2.57% in 2022 and 2.46% in 2023. The compound annual growth rate (CAGR) over the last five years was 3.37%. Forecasts indicate that imports will continue to grow, reaching 77.053 million kilograms by 2028, with an anticipated five-year CAGR of 1.86% and an overall growth of 9.64% over this period.
Future trends to watch for:
- Economic factors affecting disposable income and demand for fresh produce.
- Supply chain stability and potential disruptions.
- Shifts in consumer preferences towards grapes and other fresh fruits.
- Policy changes affecting import regulations and tariffs.
