Saudi Arabia's vegetable oils export volume stood at 232.88 Thousand Metric Tons in 2023. The forecast data indicates a steady increase: 233.56 in 2024, 234.24 in 2025, 234.91 in 2026, 235.56 in 2027, and 236.20 in 2028. Year-on-year variations are relatively stable, with changes of approximately 0.29% to 0.27%. The average annual growth rate (CAGR) over the next five years is projected to be around 0.29%.
Future trends to watch for include potential impacts of global trade policies, developments in sustainable agriculture practices, and shifts in consumer dietary preferences towards healthier vegetable oil options. Monitoring these trends will be crucial for accurately forecasting future export volumes.
