United Arab Emirates: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in the United Arab Emirates

The ethylene-vinyl acetate copolymers market in the United Arab Emirates totaled $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Ethylene-Vinyl Acetate Copolymers Production in the United Arab Emirates

In value terms, ethylene-vinyl acetate copolymers production totaled $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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of ethylene-vinyl acetate copolymers in primary forms increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports showed significant growth. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, ethylene-vinyl acetate copolymers exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China (X tons) was the main destination for ethylene-vinyl acetate copolymers exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, ethylene-vinyl acetate copolymers exports to China exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. Iraq (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Iraq (X% per year).

In value terms, China ($X) emerged as the key foreign market for ethylene-vinyl acetate copolymers in primary forms exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Iraq (X% per year).

Export Prices by Country

The average ethylene-vinyl acetate copolymers export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, export price indicated a tangible 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, ethylene-vinyl acetate copolymers export price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then fell markedly 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 Iran ($X per ton), while the average price for exports to Iraq ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene-Vinyl Acetate Copolymers Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of ethylene-vinyl acetate copolymers in primary forms increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, ethylene-vinyl acetate copolymers imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest supplier of ethylene-vinyl acetate copolymers to the United Arab Emirates, with a X% share of total imports. Moreover, ethylene-vinyl acetate copolymers imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and China (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of ethylene-vinyl acetate copolymers in primary forms to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia 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

The average ethylene-vinyl acetate copolymers import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a slight decrease. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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