United Arab Emirates: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in the United Arab Emirates

The market for plastic plates, sheets, film, foil and strip in the United Arab Emirates surged to $X in 2021, jumping by 22% against the previous year. Overall, consumption saw a strong increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Production of Plastic Plates, Sheets, Film, Foil And Strip in the United Arab Emirates

In value terms, production of plastic plates, sheets, film, foil and strip expanded slightly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 39%. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from the United Arab Emirates

After three years of decline, overseas shipments of plastic plates, sheets, film, foil and strip increased by 17% to X tons in 2021. Overall, exports, however, continue to indicate a noticeable slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of plastic plates, sheets, film, foil and strip surged to $X in 2021. Over the period under review, exports, however, showed a perceptible reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons), the United States (X tons) and Saudi Arabia (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from the United Arab Emirates, with a combined 28% share of total exports. These countries were followed by India, Australia, Mexico, Egypt, Italy, Germany, South Africa, Morocco, Senegal and Jordan, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +34.8%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United States ($X) and Oman ($X) appeared to be the largest markets for plastic plate, sheet, film, foil and strip exported from the United Arab Emirates worldwide, with a combined 33% share of total exports. These countries were followed by Mexico, India, Australia, Egypt, Italy, Morocco, South Africa, Germany, Jordan and Senegal, which together accounted for a further 43%.

Australia, with a CAGR of +34.1%, saw 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 export price for plastic plates, sheets, film, foil and strip amounted to $X per ton, increasing by 9.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to India ($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 Saudi Arabia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into the United Arab Emirates

Imports of plastic plates, sheets, film, foil and strip into the United Arab Emirates soared to X tons in 2021, jumping by 24% on 2020. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), China (X tons) and India (X tons) were the main suppliers of imports of plastic plates, sheets, film, foil and strip to the United Arab Emirates, with a combined 46% share of total imports. These countries were followed by Oman, Germany, Nigeria, Taiwan (Chinese), South Korea, Pakistan, Indonesia, Malaysia, Thailand and Vietnam, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +48.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to the United Arab Emirates were China ($X), India ($X) and Saudi Arabia ($X), together accounting for 35% of total imports. Germany, Oman, South Korea, Taiwan (Chinese), Malaysia, Indonesia, Nigeria, Vietnam, Pakistan and Thailand lagged somewhat behind, together comprising a further 24%.

Pakistan, with a CAGR of +42.0%, recorded the highest rates of growth with regard to 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 2021, the average import price for plastic plates, sheets, film, foil and strip amounted to $X per ton, with an increase of 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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