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Saudi Arabia - Polypropylene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polypropylene in Primary Forms in Saudi Arabia - 2021
Contents:
- Price for Polypropylene in Primary Forms in Saudi Arabia (FOB) - 2022
- Price for Polypropylene in Primary Forms in Saudi Arabia (CIF) - 2022
- Exports of Polypropylene in Primary Forms in Saudi Arabia
- Imports of Polypropylene in Primary Forms in Saudi Arabia
Price for Polypropylene in Primary Forms in Saudi Arabia (FOB) - 2022
In 2022, the average polypropylene in primary forms export price amounted to $1,201 per ton, waning by -16.2% against the previous year. Overall, the export price continues to indicate a slight decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $1,432 per ton, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,529 per ton), while the average price for exports to China ($887 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 Belgium (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polypropylene in Primary Forms in Saudi Arabia (CIF) - 2022
In 2022, the average polypropylene in primary forms import price amounted to $1,574 per ton, with a decrease of -12.9% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs at $2,021 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,529 per ton), while the price for the United Arab Emirates ($1,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polypropylene in Primary Forms in Saudi Arabia
In 2022, polypropylene in primary forms exports from Saudi Arabia amounted to 4.8M tons, approximately equating 2021. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, polypropylene in primary forms exports declined remarkably to $5.8B in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports reached the peak of $6.8B, and then reduced notably in the following year.
Export of Polypropylene in Primary Forms in Saudi Arabia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 822 | 689 | 1,430 | 1,175 | 12.6% |
Egypt | 359 | 345 | 538 | 443 | 7.3% |
India | 275 | 226 | 362 | 298 | 2.7% |
China | 286 | 392 | 273 | 257 | -3.5% |
Malaysia | 359 | 279 | 275 | 246 | -11.8% |
Singapore | 324 | 193 | 287 | 236 | -10.0% |
Pakistan | 234 | 234 | 279 | 230 | -0.6% |
United Arab Emirates | 157 | 137 | 248 | 204 | 9.1% |
Belgium | 138 | 86.7 | 191 | 157 | 4.4% |
Vietnam | 184 | 224 | 102 | 138 | -9.1% |
Italy | 152 | 98.4 | 165 | 135 | -3.9% |
Brazil | 101 | 118 | 163 | 134 | 9.9% |
Bangladesh | 208 | 161 | 121 | 132 | -14.1% |
Others | 1,830 | 1,581 | 2,394 | 2,011 | 3.2% |
Total | 5,428 | 4,765 | 6,828 | 5,796 | 2.2% |
Top Export Markets for Polypropylene in Primary Forms from Saudi Arabia in 2022:
- Turkey (861.8K tons)
- Egypt (351.8K tons)
- China (289.1K tons)
- Malaysia (266.1K tons)
- India (260.5K tons)
- Singapore (225.7K tons)
- Pakistan (200.2K tons)
- United Arab Emirates (157.9K tons)
- Vietnam (143.0K tons)
- Bangladesh (136.2K tons)
- Belgium (102.8K tons)
- Italy (101.4K tons)
- Brazil (101.1K tons)
Imports of Polypropylene in Primary Forms in Saudi Arabia
In 2022, after three years of growth, there was decline in supplies from abroad of polypropylene in primary forms, when their volume decreased by -2.5% to 49K tons. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year.
In value terms, polypropylene in primary forms imports contracted significantly to $77M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports reached the peak of $91M, and then shrank dramatically in the following year.
Import of Polypropylene in Primary Forms in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 25.7 | 28.6 | 45.7 | 41.1 | 16.9% |
Germany | 7.4 | 9.1 | 14.6 | 13.1 | 21.0% |
South Korea | 14.1 | 16.3 | 12.9 | 12.8 | -3.2% |
Thailand | 1.2 | 1.7 | 2.4 | 2.2 | 22.4% |
Italy | 2.4 | 1.4 | 1.8 | 1.7 | -10.9% |
China | 0.6 | 0.7 | 1.7 | 1.6 | 38.7% |
Belgium | 2.0 | 1.1 | 1.6 | 1.5 | -9.1% |
Others | 4.5 | 4.8 | 10.3 | 3.6 | -7.2% |
Total | 58.1 | 63.7 | 91.2 | 77.4 | 10.0% |
Top Suppliers of Polypropylene in Primary Forms to Saudi Arabia in 2022:
- United Arab Emirates (28.2K tons)
- South Korea (8.5K tons)
- Germany (6.9K tons)
- Italy (1.1K tons)
- China (1.0K tons)
- Thailand (0.9K tons)
- Belgium (0.8K tons)
This report provides an in-depth analysis of the market for polypropylene in primary forms 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 20165130 - Polypropylene, 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
This report provides an in-depth analysis of the market for polypropylene in primary forms in Saudi Arabia.
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Saudi Arabia.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
This report provides an in-depth analysis of the market for polypropylene in primary forms in Saudi Arabia.
This report provides an in-depth analysis of the market for polyolefins other than polypropylene in Saudi Arabia.
This report provides an in-depth analysis of the global market for polypropylene in primary forms.
This report provides an in-depth analysis of the global market for polyolefins other than polypropylene.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.
Polypropylene is a versatile thermoplastic polymer with excellent chemical resistance, low density, and high tensile strength. The global demand for polypropylene in primary forms has been steadily growing. China is the leading importer with an import value of $3.6 billion in 2022, driven by rapid industrialization and economic growth. Turkey follows closely as the second-largest import market with an import value of $2.9 billion, supported by a thriving plastics industry. Germany and Italy are prominent import giants in Europe, with import values of $1.7 billion each, driven by advanced manufacturing capabilities. Mexico is a significant importer with an import value of $1.3 billion, fueled by the expanding automotive sector. India showcases strong demand with an import value of $1.3 billion, driven by population growth and urbanization. Vietnam, Indonesia, Belgium, and Poland are emerging players in the import market. Market intelligence platforms like IndexBox provide comprehensive data and insights for informed decision-making.
The global polypropylene market revenue amounted to $76.8B in 2017, jumping by 16% against the previous year. This figure ...
Explore the top import markets for polyolefins other than polypropylene, including China, Germany, Italy, France, and more. Learn about key statistics and market insights.