Price for Polymers of vinyl chloride or of other halogenated olefins, in primary forms in the United Arab Emirates - 2022

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,540 per ton in 2022, increasing by 7.3% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +75.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 63%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2,405 per ton), while the price for Saudi Arabia ($1,271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,784 per ton, picking up by 20% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 40%. Over the period under review, the average export prices attained the peak figure at $1,896 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 Saudi Arabia ($2,422 per ton), while the average price for exports to Iran ($1,068 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 Sierra Leone (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates

In 2022, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into the United Arab Emirates surged to 280K tons, with an increase of 18% against the previous year. Overall, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +82.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses surged to $431M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to the United Arab Emirates in 2022:

1. China (113.0K tons)
2. Saudi Arabia (50.9K tons)
3. United States (36.0K tons)
4. Taiwan (Chinese) (27.3K tons)
5. South Korea (17.4K tons)
6. Thailand (16.3K tons)
7. India (7.3K tons)
8. Germany (1.4K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in the United Arab Emirates

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses exported from the United Arab Emirates declined notably to 67K tons, with a decrease of -39.8% compared with 2021. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 3.8% against the previous year.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses dropped dramatically to $120M in 2022. Overall, exports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 45%. As a result, the exports reached the peak of $165M, and then declined remarkably in the following year.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from the United Arab Emirates in 2022:

1. India (19.6K tons)
2. Saudi Arabia (18.9K tons)
3. Iraq (4.2K tons)
4. Bahrain (4.0K tons)
5. Oman (3.7K tons)
6. Kuwait (2.1K tons)
7. Qatar (1.8K tons)
8. Sierra Leone (1.5K tons)
9. Turkey (1.4K tons)
10. Djibouti (1.2K tons)

Source: IndexBox Market Intelligence Platform