Based on the provided data, the import of frozen beans to Saudi Arabia is projected to experience a steady increase from 4.1324 million kilograms in 2024 to 4.5018 million kilograms in 2028. The forecasted year-on-year percentage variation is as follows:- 2024 to 2025: 2.30%- 2025 to 2026: 2.21%- 2026 to 2027: 2.12%- 2027 to 2028: 2.03%
Calculated over the past five years, the Compound Annual Growth Rate (CAGR) stands at approximately 2.17%, indicating a consistent upward trend in the volume of frozen beans imported to Saudi Arabia.
In 2023, the volume of frozen beans imported was 4.0441 million kilograms. As we move towards 2028, it is important to monitor trends such as changing consumer preferences, potential trade regulations, and advances in preservation technology that could impact import volumes.
