MENA: Market for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms 2024

Market Size for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in MENA

The MENA's market for polymers of vinyl acetate in aqueous dispersion in primary forms expanded slightly to $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Production of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in MENA

In value terms, production of polymers of vinyl acetate in aqueous dispersion in primary forms rose rapidly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Exports in MENA

In 2023, overseas shipments of polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% to X tons for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of polymers of vinyl acetate in aqueous dispersion in primary forms fell to $X in 2023. Total exports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

In 2023, Turkey (X tons) and Egypt (X tons) were the key exporters of polymers of vinyl acetate in aqueous dispersion in primary forms in MENA, together constituting X% of total exports. It was distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons), Morocco (X tons) and Tunisia (X tons), together mixing up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports. Morocco, Saudi Arabia and Tunisia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Morocco, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, with a decrease of X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Turkey ($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 more modest paces of growth.

Imports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Imports in MENA

Imports of polymers of vinyl acetate in aqueous dispersion in primary forms contracted modestly to X tons in 2023, dropping by X% on 2022 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of polymers of vinyl acetate in aqueous dispersion in primary forms declined to $X in 2023. Total imports indicated a temperate 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, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2023, Turkey (X tons), distantly followed by Algeria (X tons), Morocco (X tons), the United Arab Emirates (X tons), Egypt (X tons), Jordan (X tons), Israel (X tons) and Iraq (X tons) represented the key importers of polymers of vinyl acetate in aqueous dispersion in primary forms, together mixing up X% of total imports. Lebanon (X tons), Syrian Arab Republic (X tons), Libya (X tons), Tunisia (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Tunisia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl acetate polymers in aqueous dispersion in primary forms importing markets in MENA were Turkey ($X), Algeria ($X) and Morocco ($X), with a combined X% share of total imports. The United Arab Emirates, Egypt, Jordan, Israel, Lebanon, Iraq, Syrian Arab Republic, Tunisia, Libya and Kuwait lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform