Key Market Indicators
Saudi Arabia is the fourth largest exporter of Polyvinyl Acetate worldwide. It is estimated that the export of the product will grow by 2.5% year on year on average, reaching 26,463,000 kilograms by 2026. Since 1996, the supply has increased by 4% every year. In 2021, Germany, Switzerland, and Saudi Arabia came in the top three positions, with 22.5, 22.5, and 22.2 million kilograms respectively. The import of Polyvinyl Acetate in Saudi Arabia is expected to decrease by 1.3% year on year on average, reaching 5,414,300 kilograms by 2026. Since 1996, the demand has increased by 7.2% every year. In 2021, Thailand, Italy, the United States, and France were the top four importers of the product, with 5.8, 5.3, 4.7, and 4.4 million kilograms respectively.