Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia - 2022

Contents:

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

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia (FOB) - 2022

The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,240 per ton in 2022, declining by -11.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $1,404 per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1,621 per ton), while the average price for exports to India ($694 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 Egypt (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,560 per ton in 2022, dropping by -15.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. As a result, import price attained the peak level of $1,854 per ton, and then dropped markedly in the following year.

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 ($2,203 per ton), while the price for the United States ($1,033 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia

For the third year in a row, Saudi Arabia recorded decline in overseas shipments of polymers of vinyl chloride or of other halogenated olefins, in primary formses, which decreased by -5.7% to 147K tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -0.3% was in 2021.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses dropped remarkably to $182M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $218M, and then fell rapidly in the following year.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates82.281.211088.62.5%
Jordan27.125.833.427.0-0.1%
Kuwait15.610.220.816.82.5%
Egypt2.32.912.810.364.8%
Oman3.03.37.96.428.7%
Algeria16.40.53.05.3-31.4%
Turkey0.50.85.04.0100.0%
Yemen3.23.64.33.53.0%
India6.24.92.23.5-17.4%
Bahrain3.72.84.13.3-3.7%
Others26.19.415.313.2-20.3%
Total186145218182-0.7%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Saudi Arabia in 2022:

  1. United Arab Emirates (68.4K tons)
  2. Jordan (22.3K tons)
  3. Kuwait (11.4K tons)
  4. Egypt (7.1K tons)
  5. Algeria (6.6K tons)
  6. India (5.1K tons)
  7. Oman (4.2K tons)
  8. Yemen (2.9K tons)
  9. Bahrain (2.6K tons)
  10. Turkey (2.5K tons)

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia

In 2022, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Saudi Arabia totaled 109K tons, surging by 9.8% compared with 2021 figures. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, imports reached the peak of 121K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses declined to $170M 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 +12.6% 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 +42.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 31% against the previous year.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43.048.145.341.5-1.2%
Belgium29.942.034.032.22.5%
United Arab Emirates18.423.033.931.419.5%
Taiwan (Chinese)9.210.026.624.638.8%
China1.76.913.112.192.4%
South Korea2.58.19.38.651.0%
Germany1.14.36.76.278.0%
Others13.413.615.013.40.0%
Total11915618417012.6%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Saudi Arabia in 2022:

  1. United States (40.1K tons)
  2. United Arab Emirates (16.3K tons)
  3. Taiwan (Chinese) (15.7K tons)
  4. Belgium (15.0K tons)
  5. China (6.6K tons)
  6. South Korea (5.1K tons)
  7. Germany (2.9K tons)

Source: IndexBox Market Intelligence Platform

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