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Middle East - Polyethylene - Market Analysis, Forecast, Size, Trends And Insights
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Middle East: Polyethylene Market Overview 2020

Polyethylene Market Size in the Middle East

The Middle Eastern polyethylene market stood at $X in 2019, approximately reflecting the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Polyethylene Production in the Middle East

In value terms, polyethylene production rose rapidly to $X in 2019 estimated in export prices. The total production indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2019, production growth remained at a somewhat lower figure.

Production By Country in the Middle East

Saudi Arabia (X tonnes) constituted the country with the largest volume of polyethylene production, comprising approx. X% of total volume. Moreover, polyethylene production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Iran (X tonnes), threefold. Qatar (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Saudi Arabia amounted to +X%. In the other countries, the average annual rates were as follows: Iran (-X% per year) and Qatar (+X% per year).

Polyethylene Exports

Exports in the Middle East

In 2019, approx. X tonnes of polyethylene were exported in the Middle East; growing by X% compared with the previous year's figure. Total exports indicated resilient growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% year-to-year. The volume of export peaked in 2019 and is likely to see gradual growth in years to come.

In value terms, polyethylene exports reached $X in 2019. Total exports indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a lower figure.

Exports by Country

In 2019, Saudi Arabia (X tonnes) was the major exporter of polyethylene, creating X% of total exports. Qatar (X tonnes) held the second position in the ranking, followed by Iran (X tonnes) and the United Arab Emirates (X tonnes). All these countries together occupied approx. X% share of total exports. Kuwait (X tonnes) occupied a relatively small share of total exports.

Exports from Saudi Arabia increased at an average annual rate of +X% from 2007 to 2019. At the same time, the United Arab Emirates (+X%) and Qatar (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2007-2019. By contrast, Kuwait (-X%) and Iran (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+X p.p.), the United Arab Emirates (+X p.p.) and Qatar (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Iran (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest polyethylene supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Qatar ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Saudi Arabia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Qatar (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

The polyethylene export price in the Middle East stood at $X per tonne in 2019, approximately reflecting the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2019, major exporting countries recorded the following prices: in the United Arab Emirates ($X per tonne) and Qatar ($X per tonne), while Saudi Arabia ($X per tonne) and Kuwait ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced a decline in the export price figures.

Polyethylene Imports

Imports in the Middle East

For the third year in a row, the Middle East recorded growth in purchases abroad of polyethylene, which increased by X% to X tonnes in 2019. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The volume of import peaked at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, polyethylene imports contracted slightly to $X in 2019. Total imports indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of import peaked at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the largest importer of polyethylene in the Middle East, with the volume of imports amounting to X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by the United Arab Emirates (X tonnes), Jordan (X tonnes), Israel (X tonnes) and Lebanon (X tonnes), together constituting a X% share of total imports. Saudi Arabia (X tonnes) and Yemen (X tonnes) took a little share of total imports.

From 2007 to 2019, average annual rates of growth with regard to polyethylene imports into Turkey stood at +X%. At the same time, Jordan (+X%), Yemen (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2019. Israel and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Turkey (+X p.p.), Jordan (+X p.p.) and Lebanon (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Saudi Arabia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported polyethylene in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Turkey amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Jordan (+X% per year).

Import Prices by Country

In 2019, the polyethylene import price in the Middle East amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2011 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyethylene in the the Middle East?
+
The countries with the highest volumes of polyethylene consumption in 2019 were Turkey (1.3M tonnes), Iran (1.1M tonnes) and Saudi Arabia (662K tonnes), with a combined 81% share of total consumption. The United Arab Emirates, Israel, Jordan and Lebanon lagged somewhat behind, together accounting for a further 13%.
What are the largest producers of polyethylene in the the Middle East?
+
Saudi Arabia (5.8M tonnes) constituted the country with the largest volume of polyethylene production, accounting for 57% of total volume. Moreover, polyethylene production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Iran (1.9M tonnes), threefold. The third position in this ranking was occupied by Qatar (1.1M tonnes), with a 11% share.
What are the leading suppliers of polyethylene in the the Middle East?
+
In value terms, Saudi Arabia ($5.7B) remains the largest polyethylene supplier in the Middle East, comprising 62% of total exports. The second position in the ranking was occupied by Qatar ($1.3B), with a 14% share of total exports. It was followed by the United Arab Emirates, with a 9.9% share.
What are the leading importers of polyethylene in the the Middle East?
+
In value terms, Turkey ($944M) constitutes the largest market for imported polyethylene in the Middle East, comprising 47% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($367M), with a 18% share of total imports. It was followed by Jordan, with a 7.3% share.
What is the average export price for polyethylene in the the Middle East?
+
In 2019, the polyethylene export price in the Middle East amounted to $1,119 per tonne, remaining stable against the previous year.
What is the average import price for polyethylene in the the Middle East?
+
The polyethylene import price in the Middle East stood at $1,192 per tonne in 2019, shrinking by -9.4% against the previous year.

Product coverage:
• Prodcom 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
• Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

This report provides an in-depth analysis of the polyethylene market in the Middle East. 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 2025.


Country coverage:
• Bahrain
• Iran
• Iraq
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Syrian Arab Republic
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the Middle East, split by region and country
• Trade (exports and imports) in the Middle East
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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