MENA: 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 MENA

For the third consecutive year, the MENA's market for polymers of vinyl acetate in aqueous dispersion in primary forms recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

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

In value terms, production of polymers of vinyl acetate in aqueous dispersion in primary forms reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

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

Exports in MENA

In 2022, overseas shipments 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. Total exports indicated a moderate increase from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polymers of vinyl acetate in aqueous dispersion in primary forms expanded to $X in 2022. Total exports indicated a prominent 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The biggest shipments were from Turkey (X tons), the United Arab Emirates (X tons) and Egypt (X tons), together amounting to X% of total export. It was distantly followed by Morocco (X tons), making up a X% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl acetate polymers in aqueous dispersion in primary forms supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Egypt ($X), together comprising X% of total exports. Morocco and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Morocco, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price 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, export price for polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Morocco ($X per ton) and Egypt ($X per ton), while the United Arab Emirates ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

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

Imports in MENA

In 2022, approx. X tons of polymers of vinyl acetate in aqueous dispersion in primary forms were imported in MENA; with a decrease of X% compared with 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports of reached 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 expanded slightly to $X in 2022. Total imports indicated perceptible growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons), distantly followed by Egypt (X tons), Algeria (X tons), the United Arab Emirates (X tons), Morocco (X tons), Iraq (X tons), Israel (X tons) and Jordan (X tons) were the key importers of polymers of vinyl acetate in aqueous dispersion in primary forms, together making up X% of total imports. Lebanon (X tons), Libya (X tons), Syrian Arab Republic (X tons), Tunisia (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Syrian Arab Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Algeria ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The United Arab Emirates, Morocco, Israel, Jordan, Lebanon, Iraq, Tunisia, Kuwait, Libya and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

Syrian Arab Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Iraq ($X per ton) was 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