Saudi Arabia - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Abs Copolymers Market 2024
Abs Copolymers Market Size in Saudi Arabia
The Saudi ABS copolymers market shrank markedly to $X in 2021, reducing by -45.3% against the previous year. Over the period under review, consumption recorded a mild decrease. Consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Abs Copolymers Production in Saudi Arabia
In value terms, ABS copolymers production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 158%. Production peaked at $X in 2020, and then fell in the following year.
Abs Copolymers Exports
Exports from Saudi Arabia
In 2021, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 27% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2017 with an increase of 737%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.
In value terms, ABS copolymers exports soared to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 862%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.
Exports by Country
China (X tons), Singapore (X tons) and Turkey (X tons) were the main destinations of ABS copolymers exports from Saudi Arabia, with a combined 46% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +273.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X), China ($X) and Singapore ($X) were the largest markets for ABS copolymers exported from Saudi Arabia worldwide, together accounting for 45% of total exports.
Singapore, with a CAGR of +248.4%, recorded 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 2021, the average ABS copolymers export price amounted to $X per ton, rising by 39% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Abs Copolymers Imports
Imports into Saudi Arabia
ABS copolymers imports into Saudi Arabia fell significantly to X tons in 2016, with a decrease of -38.9% against 2015 figures. Over the period under review, imports saw a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by 15% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2016, imports remained at a lower figure.
In value terms, ABS copolymers imports shrank significantly to $X in 2016. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 6.9% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports remained at a lower figure.
Imports by Country
Malaysia (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) were the main suppliers of ABS copolymers imports to Saudi Arabia, together comprising 83% of total imports.
From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of -12.7%), while imports for the other leaders experienced a decline.
In value terms, Malaysia ($X), Taiwan (Chinese) ($X) and South Korea ($X) constituted the largest ABS copolymers suppliers to Saudi Arabia, with a combined 78% share of total imports.
Malaysia, with a CAGR of -20.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
The average ABS copolymers import price stood at $X per ton in 2016, declining by -9% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 1.7% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2016, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Singapore (+1.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the abs copolymers market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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