United Arab Emirates: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in the United Arab Emirates

The market for plasticised mixed polyvinyl chloride in primary forms in the United Arab Emirates surged to $X in 2022, picking up by 21% against the previous year. Overall, consumption, however, showed a slight reduction. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in the United Arab Emirates

In value terms, production of plasticised mixed polyvinyl chloride in primary forms reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from the United Arab Emirates

In 2022, shipments abroad of plasticised mixed polyvinyl chloride in primary forms decreased by -2.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 53%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms contracted to $X in 2022. Over the period under review, exports showed a mild contraction. The pace of growth was the most pronounced in 2020 when exports increased by 62% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Tanzania (X tons) and Myanmar (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from the United Arab Emirates, together comprising 67% of total exports. South Africa, Egypt, Jordan and the United States lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of +299.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from the United Arab Emirates, comprising 53% of total exports. The second position in the ranking was held by Tanzania ($X), with a 14% share of total exports. It was followed by Egypt, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+43.7% per year) and Egypt (+8.1% per year).

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, reducing by -8.5% against the previous year. In general, the export price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 21% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Myanmar ($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 Jordan (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into the United Arab Emirates

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms imported into the United Arab Emirates declined to X tons, waning by -9.7% compared with the previous year. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms dropped slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 10% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), India (X tons) and Egypt (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to the United Arab Emirates, together accounting for 52% of total imports. China, Turkey, France, Italy and Singapore lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +176.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to the United Arab Emirates, comprising 28% of total imports. The second position in the ranking was taken by India ($X), with a 13% share of total imports. It was followed by China, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+6.5% per year) and China (+16.9% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, surging by 6.6% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 plasticised mixed polyvinyl chloride in primary forms decreased by -1.6% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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