MENA: Market for Unsaturated Polyesters In Primary Forms 2025

Market Size for Unsaturated Polyesters In Primary Forms in MENA

The MENA's market for unsaturated polyesters in primary forms skyrocketed to $X in 2021, jumping by 30% against the previous year. Over the period under review, consumption continues to indicate a prominent increase. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Unsaturated Polyesters In Primary Forms in MENA

In value terms, unsaturated polyesters in primary forms production surged to $X in 2021 estimated in export price. In general, production posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 142% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Unsaturated Polyesters In Primary Forms

Exports in MENA

In 2021, the amount of unsaturated polyesters in primary forms exported in MENA skyrocketed to X tons, rising by 21% against the previous year's figure. Overall, exports saw a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, unsaturated polyesters in primary forms exports skyrocketed to $X in 2021. In general, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) represented the major exporter of unsaturated polyesters in primary forms, committing 71% of total exports. It was distantly followed by the United Arab Emirates (X tons) and Saudi Arabia (X tons), together committing a 24% share of total exports. Iran (X tons) held a little share of total exports.

Turkey was also the fastest-growing in terms of the unsaturated polyesters in primary forms exports, with a CAGR of +24.5% from 2012 to 2021. At the same time, Iran (+15.6%), Saudi Arabia (+7.6%) and the United Arab Emirates (+3.1%) displayed positive paces of growth. Turkey (+35 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia and the United Arab Emirates saw its share reduced by -7.8% and -27.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest unsaturated polyesters in primary forms supplier in MENA, comprising 72% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 15% share of total exports. It was followed by Saudi Arabia, with a 7.1% share.

In Turkey, unsaturated polyesters in primary forms exports expanded at an average annual rate of +23.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+1.3% per year) and Saudi Arabia (+2.9% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, surging by 49% against the previous year. Overall, the export price, however, showed a slight downturn. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Iran ($X per ton) and Turkey ($X per ton), while Saudi Arabia ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.5%), while the other leaders experienced a decline in the export price figures.

Imports of Unsaturated Polyesters In Primary Forms

Imports in MENA

Unsaturated polyesters in primary forms imports rose modestly to X tons in 2021, increasing by 3.3% against the previous year. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, unsaturated polyesters in primary forms imports surged to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the eleven major importers of unsaturated polyesters in primary forms, namely Egypt, Israel, Qatar, the United Arab Emirates, Iraq, Turkey, Tunisia, Oman, Saudi Arabia, Algeria and Morocco, represented more than two-thirds of total import. Yemen (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Yemen (with a CAGR of +52.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated polyesters in primary forms importing markets in MENA were Egypt ($X), Israel ($X) and Turkey ($X), together comprising 46% of total imports. These countries were followed by Qatar, the United Arab Emirates, Tunisia, Iraq, Morocco, Algeria, Oman, Saudi Arabia and Yemen, which together accounted for a further 48%.

Yemen, with a CAGR of +57.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, growing by 38% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform