United Arab Emirates: Market for Vinyl Acetate Polymers in Primary Forms other than in Aqueous Dispersion 2024

Market Size for Vinyl Acetate Polymers in Primary Forms other than in Aqueous Dispersion in the United Arab Emirates

The market for vinyl acetate polymers in primary forms other than in aqueous dispersion in the United Arab Emirates surged to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Exports from the United Arab Emirates

In 2022, shipments abroad of vinyl acetate polymers in primary forms other than in aqueous dispersion decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of vinyl acetate polymers in primary forms other than in aqueous dispersion skyrocketed to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bahrain (X tons), Oman (X tons) and Saudi Arabia (X tons) were the main destinations of exports of vinyl acetate polymers in primary forms other than in aqueous dispersion from the United Arab Emirates, together accounting for X% of total exports.

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

In value terms, Bahrain ($X) emerged as the key foreign market for vinyl acetate polymers in primary forms other than in aqueous dispersion exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

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

Export Prices by Country

In 2022, the average export price for vinyl acetate polymers in primary forms other than in aqueous dispersion amounted to $X per ton, with an increase of X% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Ethiopia ($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 Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the United Arab Emirates

Imports of vinyl acetate polymers in primary forms other than in aqueous dispersion into the United Arab Emirates soared to X tons in 2022, growing by X% against 2021 figures. In general, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate polymers in primary forms other than in aqueous dispersion soared to $X in 2022. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), South Korea (X tons) and China (X tons) were the main suppliers of imports of vinyl acetate polymers in primary forms other than in aqueous dispersion to the United Arab Emirates, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl acetate polymers in primary forms other than in aqueous dispersion suppliers to the United Arab Emirates were Germany ($X), South Korea ($X) and China ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for vinyl acetate polymers in primary forms other than in aqueous dispersion amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated a pronounced 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 vinyl acetate polymers in primary forms other than in aqueous dispersion increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform