GCC: Market for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms 2024

Market Size for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in GCC

The GCC market for polymers of vinyl acetate in aqueous dispersion in primary forms declined to $X in 2022, waning by X% against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in GCC

In value terms, production of polymers of vinyl acetate in aqueous dispersion in primary forms totaled $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Exports in GCC

In 2022, overseas shipments of polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers of vinyl acetate in aqueous dispersion in primary forms soared to $X in 2022. Over the period under review, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in forms structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), comprising an X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the polymers of vinyl acetate in aqueous dispersion in primary forms exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest vinyl acetate polymers in aqueous dispersion in primary forms supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

In the United Arab Emirates, exports of polymers of vinyl acetate in aqueous dispersion in primary forms expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Imports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Imports in GCC

In 2022, supplies from abroad of polymers of vinyl acetate in aqueous dispersion in primary forms decreased by X% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of polymers of vinyl acetate in aqueous dispersion in primary forms surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the major importer of polymers of vinyl acetate in aqueous dispersion in primary forms, creating X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Oman (X%) and Bahrain (X%). Qatar (X tons) took a little share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the polymers of vinyl acetate in aqueous dispersion in primary forms imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%) displayed positive paces of growth. By contrast, Oman (X%), Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain, Oman and Qatar saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported polymers of vinyl acetate in aqueous dispersion in primary forms in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, saw a mild reduction. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Bahrain ($X per ton) and Qatar ($X per ton), while Oman ($X per ton) and Kuwait ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform