Report Update: May 1, 2024

United Arab Emirates - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Polystyrene in Primary Forms in the United Arab Emirates - 2021

Price for Polystyrene in Primary Forms in the United Arab Emirates (CIF) - 2022

The average polystyrene in primary forms import price stood at $1,716 per ton in 2022, with an increase of 3.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. Over the period under review, average import prices reached the peak figure at $1,876 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($1,784 per ton) and Hong Kong SAR ($1,774 per ton), while the price for India ($1,457 per ton) and Pakistan ($1,490 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polystyrene in Primary Forms in the United Arab Emirates (FOB) - 2022

The average polystyrene in primary forms export price stood at $1,852 per ton in 2022, with an increase of 49% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $1,951 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($3,317 per ton), while the average price for exports to Malaysia ($497 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 Jordan (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polystyrene in Primary Forms in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in purchases abroad of polystyrene in primary forms (excluding expansible polystyrene), which increased by 32% to 44K tons in 2022. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polystyrene in primary forms imports surged to $76M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Polystyrene in Primary Forms in the United Arab Emirates (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	21.6	26.4	33.2	30.3	11.9%
Taiwan (Chinese)	4.9	3.0	7.3	17.6	53.1%
Singapore	0.1	0.1	0.9	10.6	373.3%
Pakistan	1.1	1.6	4.4	5.5	71.0%
India	1.3	0.9	3.4	4.9	55.6%
Thailand	N/A	N/A	0.9	2.0	122.2%
Hong Kong SAR	N/A	N/A	N/A	1.3	0%
South Korea	1.3	0.5	0.9	0.8	-14.9%
Others	2.6	1.0	4.4	2.5	-1.3%
Total	32.7	33.5	55.3	75.7	32.3%

Top Suppliers of Polystyrene in Primary Forms to the United Arab Emirates in 2022:

Saudi Arabia (17.3K tons)
Taiwan (Chinese) (9.8K tons)
Singapore (6.1K tons)
Pakistan (3.7K tons)
India (3.4K tons)
Thailand (1.1K tons)
Hong Kong SAR (0.7K tons)
South Korea (0.5K tons)

Exports of Polystyrene in Primary Forms in the United Arab Emirates

In 2022, overseas shipments of polystyrene in primary forms (excluding expansible polystyrene) decreased by -74.6% to 9.3K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 31%. As a result, the exports reached the peak of 54K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, polystyrene in primary forms exports reduced rapidly to $17M in 2022. In general, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%. As a result, the exports reached the peak of $49M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Polystyrene in Primary Forms in the United Arab Emirates (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	N/A	N/A	N/A	6.5	0%
Jordan	0.1	0.1	N/A	2.5	192.4%
Kuwait	0.1	1.7	0.8	0.8	100.0%
Malaysia	0.3	0.7	1.1	0.8	38.7%
Thailand	N/A	N/A	N/A	0.8	0%
India	22.8	20.3	21.5	0.7	-68.7%
Kenya	N/A	N/A	0.1	0.7	600.0%
Spain	N/A	N/A	0.1	0.7	600.0%
Egypt	N/A	N/A	N/A	0.5	0%
Yemen	N/A	N/A	N/A	0.4	0%
Sudan	N/A	N/A	N/A	0.4	0%
South Africa	N/A	N/A	N/A	0.2	0%
China	19.9	25.1	17.7	0.1	-82.9%
Others	3.3	1.5	4.0	2.1	-14.0%
Total	46.6	49.4	45.4	17.2	-28.3%

Top Export Markets for Polystyrene in Primary Forms from the United Arab Emirates in 2022:

Mexico (1971.1 tons)
Malaysia (1557.6 tons)
Jordan (1251.0 tons)
Yemen (642.3 tons)
India (600.5 tons)
Spain (579.1 tons)
Kuwait (463.3 tons)
Kenya (373.4 tons)
Thailand (363.6 tons)
Egypt (338.8 tons)
Sudan (188.5 tons)
South Africa (151.6 tons)
China (48.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polystyrene in primary forms in the United Arab Emirates. 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023