GCC: Abs Copolymers Market 2025

Abs Copolymers Market Size in GCC

The GCC ABS copolymers market contracted sharply to $X in 2021, falling by -31% against the previous year. The total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -37.9% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Abs Copolymers Production in GCC

In value terms, ABS copolymers production declined to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed resilient growth. The growth pace was the most rapid in 2017 when the production volume increased by 122%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Abs Copolymers Exports

Exports in GCC

ABS copolymers exports soared to X tons in 2021, with an increase of 30% on the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 636%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, ABS copolymers exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 779% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Saudi Arabia dominates exports structure, finishing at X tons, which was approx. 95% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), generating a 4.8% share of total exports.

Saudi Arabia was also the fastest-growing in terms of the acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports, with a CAGR of +54.9% from 2012 to 2021. At the same time, the United Arab Emirates (+34.3%) displayed positive paces of growth. From 2012 to 2021, the share of Saudi Arabia increased by +15 percentage points.

In value terms, Saudi Arabia ($X) remains the largest ABS copolymers supplier in GCC, comprising 95% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia amounted to +58.9%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, rising by 41% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.6%).

Abs Copolymers Imports

Imports in GCC

In 2021, supplies from abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 6.7% to X tons, rising for the third year in a row after three years of decline. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.6% against 2018 indices. The growth pace was the most rapid in 2020 with an increase of 77%. The volume of import peaked at X tons in 2015; afterwards, it flattened through to 2021.

In value terms, ABS copolymers imports expanded significantly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

The United Arab Emirates prevails in imports structure, finishing at X tons, which was approx. 96% of total imports in 2021. Kuwait (X tons) took a little share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imports, with a CAGR of +16.6% from 2012 to 2021. At the same time, Kuwait (+11.2%) displayed positive paces of growth. While the share of the United Arab Emirates (+68 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in GCC, comprising 90% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 7.6% share of total imports.

In the United Arab Emirates, ABS copolymers imports increased at an average annual rate of +14.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, with an increase of 4.4% against the previous year. Overall, the import price, however, recorded a slight descent. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+8.2%).

Source: IndexBox Platform