Saudi Arabia - Sacks And Bags Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Polymer Bag Price in Saudi Arabia - 2021
Contents:
- Ethylene Polymer Bag Price in Saudi Arabia (FOB) - 2022
- Ethylene Polymer Bag Price in Saudi Arabia (CIF) - 2022
- Ethylene Polymer Bag Exports in Saudi Arabia
- Ethylene Polymer Bag Imports in Saudi Arabia
Ethylene Polymer Bag Price in Saudi Arabia (FOB) - 2022
In 2022, the average ethylene polymer bag export price amounted to $2,685 per ton, growing by 2.5% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene polymer bag export price decreased by -26.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 51%. As a result, the export price attained the peak level of $3,659 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,233 per ton), while the average price for exports to Pakistan ($762 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 Yemen (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Ethylene Polymer Bag Price in Saudi Arabia (CIF) - 2022
The average ethylene polymer bag import price stood at $2,419 per ton in 2022, growing by 2.7% against the previous year. Over the period under review, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 16%. As a result, import price reached the peak level of $3,508 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,505 per ton), while the price for the United Arab Emirates ($1,805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Polymer Bag Exports in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of sacks and bags of polymers of ethylene, when their volume decreased by -32.6% to 12K tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 187%. As a result, the exports reached the peak of 17K tons, and then declined sharply in the following year.
In value terms, ethylene polymer bag exports dropped dramatically to $31M in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 161%. As a result, the exports attained the peak of $45M, and then declined sharply in the following year.
| Export of Ethylene Polymer Bag in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 1.2 | 2.3 | 18.6 | 12.1 | 116.0% |
| Sudan | 0.1 | 1.8 | 8.0 | 5.3 | 275.6% |
| United Arab Emirates | 1.5 | 3.9 | 4.7 | 3.1 | 27.4% |
| Kuwait | 0.3 | 3.3 | 4.5 | 3.0 | 115.4% |
| Egypt | 1.6 | 0.2 | 1.7 | 1.3 | -6.7% |
| Algeria | 1.2 | 0.4 | 1.4 | 1.0 | -5.9% |
| United Kingdom | 1.8 | N/A | 0.1 | 1.0 | -17.8% |
| China | 1.5 | N/A | 0.1 | N/A | -74.2% |
| Others | 9.0 | 5.5 | 6.4 | 4.6 | -20.0% |
| Total | 18.2 | 17.4 | 45.5 | 31.4 | 19.9% |
Top Export Markets for Ethylene Polymer Bag from Saudi Arabia in 2022:
- Yemen (3.5K tons)
- Sudan (2.6K tons)
- Kuwait (1.3K tons)
- Egypt (0.7K tons)
- United Arab Emirates (0.7K tons)
- United Kingdom (0.6K tons)
- Algeria (0.4K tons)
Ethylene Polymer Bag Imports in Saudi Arabia
In 2022, supplies from abroad of sacks and bags of polymers of ethylene decreased by -11.4% to 12K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 13K tons, and then shrank in the following year.
In value terms, ethylene polymer bag imports fell to $29M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $31M, and then contracted in the following year.
| Import of Ethylene Polymer Bag in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.6 | 11.0 | 14.6 | 14.1 | 22.9% |
| China | 9.4 | 7.5 | 9.9 | 9.6 | 0.7% |
| Germany | 1.6 | 1.2 | 1.6 | 1.6 | 0.0% |
| Bahrain | 2.5 | 1.0 | 1.0 | 1.4 | -17.6% |
| India | 1.1 | 1.8 | 1.5 | 1.4 | 8.4% |
| Others | 3.1 | 3.3 | 2.7 | 0.5 | -45.6% |
| Total | 25.2 | 25.7 | 31.4 | 28.6 | 4.3% |
Top Suppliers of Ethylene Polymer Bag to Saudi Arabia in 2022:
- United Arab Emirates (7.8K tons)
- China (2.6K tons)
- Bahrain (0.6K tons)
- Germany (0.4K tons)
- India (0.3K tons)
This report provides an in-depth analysis of the ethylene polymer bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
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
-
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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