The dates market in Saudi Arabia has experienced noteworthy growth over the past decade, beginning with a volume of 0.519 million metric tons in 2014 and reaching 1.48 million metric tons in 2023, marking consistent upward trends. The last known year-on-year variation in 2023 was 3.72%, while the CAGR over the past 5 years stood at 3.35%. For future trends, the data projects a consistent yet moderate growth with an anticipated CAGR of 2.67% over the next five years, leading to a volume of 1.75 million metric tons by 2028. This reflects a forecasted 14.06% growth rate by 2028.
Looking forward, key trends to watch include:
- Technological advancements in date cultivation and processing
- Government initiatives aimed at boosting agricultural exports
- Rising global demand for healthier and natural sweeteners
- Impacts of climate change on date yield and quality
