MENA: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in MENA

The MENA's market for pure polyvinyl chloride in primary forms reduced slightly to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, leveling off in the following year.

Production of Pure Polyvinyl Chloride in Primary Forms in MENA

In value terms, production of pure polyvinyl chloride in primary forms reduced notably to $X in 2022 estimated in export price. Overall, production, however, saw tangible growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then shrank notably in the following year.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in MENA

In 2022, the amount of pure polyvinyl chloride in primary forms exported in MENA dropped slightly to X tons, remaining stable against the year before. Over the period under review, exports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then fell in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms shrank to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

In 2022, Saudi Arabia (X tons), Egypt (X tons), Iran (X tons) and Turkey (X tons) was the major exporter of pure polyvinyl chloride in primary forms in MENA, comprising X% of total export. It was distantly followed by the United Arab Emirates (X tons), committing an X% share of total exports.

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

In value terms, Egypt ($X), Saudi Arabia ($X) and Iran ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Turkey and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw 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

In 2022, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. Export price indicated a noticeable increase 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 pure polyvinyl chloride in primary forms increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted modestly in the following year.

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

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

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in MENA

Imports of pure polyvinyl chloride in primary forms stood at X tons in 2022, growing by X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, imports of pure polyvinyl chloride in primary forms amounted to $X in 2022. In general, imports posted a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Turkey represented the largest importer of pure polyvinyl chloride in primary forms in MENA, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%) and Algeria (X%). Saudi Arabia (X tons), Morocco (X tons), Iraq (X tons), Israel (X tons), Tunisia (X tons) and Oman (X tons) took a relatively small share of total imports.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of pure polyvinyl chloride in primary forms. At the same time, Iraq (X%), the United Arab Emirates (X%), Algeria (X%), Oman (X%), Tunisia (X%), Egypt (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Israel experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Iraq (X p.p.) and Algeria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported pure polyvinyl chloride in primary forms in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, almost unchanged from the previous year. Import price indicated a moderate increase 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, import price for pure polyvinyl chloride in primary forms increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform