Key Market Indicators
Demand for Kuwaiti polyvinyl acetate is projected to drop 2.1% year-on-year to 956,210 kilograms by 2026 from 1,064,800 kilograms in 2021. Since 2011, demand has fallen by 12.3% annually. Kuwait was ranked 60th in 2021, with Lithuania overtaking at 1,064,800 kilograms. Italy, the United States, and France ranked 2nd, 3rd, and 4th, respectively. Kuwaiti polyvinyl acetate exports plummeted 42.4% year-on-year to 5,440 kilograms in 2018 from 9,450 kilograms in 2017. Since 2012, supply has decreased by 69.4% year-on-year. Kuwait was ranked 63rd in 2018, with Finland coming ahead at 5,440 kilograms. Switzerland, Germany, and Saudi Arabia ranked 2nd, 3rd, and 4th, respectively.