Saudi Arabia: 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 Saudi Arabia

The Saudi market for polymers of vinyl acetate in aqueous dispersion in primary forms amounted to $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated pronounced 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, consumption decreased by X% against 2020 indices. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in Saudi Arabia

In value terms, production of polymers of vinyl acetate in aqueous dispersion in primary forms stood at $X in 2022 estimated in export price. In general, the total production indicated a notable 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 growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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

Exports from Saudi Arabia

In 2022, approx. X tons of polymers of vinyl acetate in aqueous dispersion in primary forms were exported from Saudi Arabia; waning by X% against the previous year. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of polymers of vinyl acetate in aqueous dispersion in primary forms fell to $X in 2022. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Jordan (X tons) and Malaysia (X tons) were the main destinations of exports of polymers of vinyl acetate in aqueous dispersion in primary forms from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vinyl acetate polymers in aqueous dispersion in primary forms exported from Saudi Arabia were the United Arab Emirates ($X), Malaysia ($X) and Jordan ($X), together accounting for X% of total exports.

Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for polymers of vinyl acetate in aqueous dispersion in primary forms amounted to $X per ton, waning by X% against the previous year. Overall, export price indicated a perceptible 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 2016 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then reduced modestly in the following year.

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 Malaysia ($X per ton), while the average price for exports to Mauritania ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Saudi Arabia

In 2019, approx. X tons of polymers of vinyl acetate in aqueous dispersion in primary forms were imported into Saudi Arabia; growing by X% compared with the previous year. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers of vinyl acetate in aqueous dispersion in primary forms surged to $X in 2019. In general, imports recorded a prominent increase. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2019 and are likely to continue growth in the near future.

Imports by Country

In 2019, the United Arab Emirates (X tons) constituted the largest vinyl acetate polymers in aqueous dispersion in primary forms supplier to Saudi Arabia, with a X% share of total imports. Moreover, imports of polymers of vinyl acetate in aqueous dispersion in primary forms from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2012 to 2019, the average annual growth rate of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Germany (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of polymers of vinyl acetate in aqueous dispersion in primary forms to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Germany (X% per year).

Import Prices by Country

In 2019, the average import price for polymers of vinyl acetate in aqueous dispersion in primary forms amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform