GCC: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in GCC

The GCC market for non-plasticised mixed polyvinyl chloride in primary forms soared to $X in 2023, picking up by X% against the previous year. The total consumption indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in GCC

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms rose significantly to $X in 2023 estimated in export price. Overall, production showed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports in GCC

In 2023, the amount of non-plasticised mixed polyvinyl chloride in primary forms exported in GCC surged to X tons, picking up by X% on 2022 figures. In general, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms soared to $X in 2023. Overall, exports, however, continue to indicate a noticeable descent. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) prevails in forms structure, together constituting X% of total exports. It was distantly followed by Oman (X tons), constituting a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest non-plasticised mixed polyvinyl chloride in primary forms supplying countries in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X), together accounting for X% of total exports.

Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per ton in 2023, approximately mirroring the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports in GCC

In 2023, purchases abroad of non-plasticised mixed polyvinyl chloride in primary forms was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable curtailment. Over the period under review, imports of reached the peak figure at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2023. In general, imports, however, showed a deep reduction. Over the period under review, imports of attained the maximum at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia represented the largest importer of non-plasticised mixed polyvinyl chloride in primary forms in GCC, with the volume of imports reaching X tons, which was near X% of total imports in 2023. Bahrain (X tons) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%).

Imports into Saudi Arabia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Bahrain (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Bahrain and the United Arab Emirates increased by X and X percentage points, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported non-plasticised mixed polyvinyl chloride in primary forms in GCC, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports.

In Saudi Arabia, imports of non-plasticised mixed polyvinyl chloride in primary forms contracted by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2023, the import price in GCC amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; afterwards, it flattened through to 2023.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform