Saudi Arabia - Acrylic Polymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAcrylic Polymer Price in Saudi Arabia - 2021
Contents:
- Acrylic Polymer Price in Saudi Arabia (FOB) - 2022
- Acrylic Polymer Price in Saudi Arabia (CIF) - 2022
- Acrylic Polymer Exports in Saudi Arabia
- Acrylic Polymer Imports in Saudi Arabia
Acrylic Polymer Price in Saudi Arabia (FOB) - 2022
The average acrylic polymer export price stood at $1,592 per ton in 2022, shrinking by -2.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 54%. As a result, the export price attained the peak level of $2,241 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($2,154 per ton), while the average price for exports to China ($271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Acrylic Polymer Price in Saudi Arabia (CIF) - 2022
The average acrylic polymer import price stood at $1,820 per ton in 2022, dropping by -5.6% against the previous year. In general, the import price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the peak figure at $2,369 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,701 per ton), while the price for Egypt ($589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced a decline.
Acrylic Polymer Exports in Saudi Arabia
In 2022, approx. 47K tons of acrylic polymers (in primary forms) were exported from Saudi Arabia; reducing by -18.6% against 2021 figures. Over the period under review, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, the exports attained the peak of 57K tons, and then declined remarkably in the following year.
In value terms, acrylic polymer exports shrank notably to $74M in 2022. Overall, exports showed a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of $94M, and then fell markedly in the following year.
| Export of Acrylic Polymer in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.9 | 0.5 | 24.2 | 18.2 | 112.4% |
| Morocco | 22.7 | 13.9 | 14.1 | 11.1 | -21.2% |
| Algeria | 7.3 | 5.4 | 14.3 | 10.7 | 13.6% |
| Egypt | 14.5 | 15.4 | 9.5 | 8.7 | -15.7% |
| Nigeria | 0.1 | 0.3 | 10.9 | 8.2 | 334.4% |
| Jordan | 1.1 | N/A | 4.4 | 3.3 | 44.2% |
| Bahrain | 2.6 | 3.5 | 3.2 | 2.4 | -2.6% |
| Tunisia | 6.3 | 3.0 | 1.3 | 2.2 | -29.6% |
| Pakistan | 1.6 | 0.8 | 2.2 | 1.7 | 2.0% |
| Cote d'Ivoire | 3.6 | 2.9 | 1.2 | 1.7 | -22.1% |
| United Arab Emirates | 4.1 | 1.7 | 1.1 | 1.5 | -28.5% |
| China | 0.4 | 0.1 | 0.4 | 0.3 | -9.1% |
| Libya | 5.2 | N/A | 0.5 | N/A | -69.0% |
| Others | 9.2 | 7.1 | 6.3 | 4.1 | -23.6% |
| Total | 80.7 | 54.6 | 93.6 | 74.1 | -2.8% |
Top Export Markets for Acrylic Polymer from Saudi Arabia in 2022:
- Turkey (10.3K tons)
- Morocco (7.8K tons)
- Egypt (6.8K tons)
- Algeria (6.0K tons)
- Nigeria (4.7K tons)
- Jordan (2.3K tons)
- Tunisia (1.3K tons)
- Bahrain (1.1K tons)
- Pakistan (1.1K tons)
- China (1.1K tons)
- Cote d'Ivoire (1.1K tons)
- United Arab Emirates (0.7K tons)
Acrylic Polymer Imports in Saudi Arabia
In 2022, approx. 98K tons of acrylic polymers (in primary forms) were imported into Saudi Arabia; stabilizing at 2021. Overall, imports, however, showed a slight contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 3.8%. As a result, imports attained the peak of 105K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, acrylic polymer imports fell modestly to $178M in 2022. Over the period under review, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.5% against the previous year.
| Import of Acrylic Polymer in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 23.5 | 28.5 | 32.2 | 27.0 | 4.7% |
| Singapore | 4.7 | 24.2 | 28.6 | 25.1 | 74.8% |
| France | 16.6 | 20.2 | 22.4 | 19.1 | 4.8% |
| Japan | 34.6 | 7.5 | 21.3 | 18.7 | -18.5% |
| Belgium | 23.9 | 20.3 | 5.5 | 14.3 | -15.7% |
| China | 25.6 | 13.7 | 12.6 | 13.9 | -18.4% |
| United States | 14.2 | 19.7 | 12.2 | 12.8 | -3.4% |
| Canada | 2.3 | 8.1 | 9.3 | 8.2 | 52.8% |
| United Kingdom | 5.7 | 9.6 | 7.3 | 6.1 | 2.3% |
| South Korea | 4.0 | 4.4 | 6.7 | 5.5 | 11.2% |
| Germany | 6.8 | 5.7 | 6.1 | 5.4 | -7.4% |
| Taiwan (Chinese) | 7.1 | 3.4 | 5.7 | 5.0 | -11.0% |
| Egypt | 4.8 | 4.6 | 2.4 | 3.4 | -10.9% |
| Others | 15.8 | 12.6 | 14.6 | 13.6 | -4.9% |
| Total | 190 | 182 | 187 | 178 | -2.2% |
Top Suppliers of Acrylic Polymer to Saudi Arabia in 2022:
- United Arab Emirates (20.8K tons)
- Singapore (14.6K tons)
- Japan (10.1K tons)
- France (9.8K tons)
- Belgium (7.8K tons)
- China (7.6K tons)
- Egypt (5.8K tons)
- South Korea (3.2K tons)
- Taiwan (Chinese) (2.6K tons)
- Canada (2.4K tons)
- United Kingdom (2.4K tons)
- United States (2.2K tons)
- Germany (1.9K tons)
This report provides an in-depth analysis of the acrylic polymer market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20165350 - Polymethyl methacrylate, in primary forms
- Prodcom 20165390 - Acrylic polymers, in primary forms (excluding polymethyl methacrylate)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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