Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia - 2022

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia (FOB) - 2022
  2. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia (FOB) - 2022

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $2,073 per ton in 2022, surging by 9.9% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyvinyl acetate; in aqueous dispersion, in primary formses increased by +78.3% against 2017 indices. The growth pace was the most rapid in 2013 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,352 per ton), while the average price for exports to Pakistan ($1,015 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 the United Arab Emirates (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia

In 2022, approx. 741 tons of polyvinyl acetate; in aqueous dispersion, in primary formses were exported from Saudi Arabia; growing by 36% compared with the year before. Over the period under review, exports, however, continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 79%.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses soared to $1.5M in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/A61.13,6481,166336.8%
United Arab Emirates12.23.21,292309193.7%
PakistanN/A29.4N/A29.3-0.2%
Bahrain76.595.393.420.6-35.4%
Egypt50.576.646.80.4-80.1%
Kuwait1,006127N/AN/A-87.4%
OthersN/A123-4,054.912.0-68.8%
Total1,1455161,0261,53610.3%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from Saudi Arabia in 2022:

  1. Jordan (605.0 tons)
  2. United Arab Emirates (92.0 tons)
  3. Pakistan (28.9 tons)
  4. Bahrain (13.2 tons)
  5. Egypt (0.2 tons)

Source: IndexBox Market Intelligence Platform

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