The import value of plasticised polyvinyl chloride (PVC) to the UAE has shown a fluctuating trend from 2013 to 2023, starting at $9.37 million in 2013 and declining to $5.63 million by 2023. Significant variations include a sharp drop of 21.48% in 2018 and a 20.39% decrease in 2020, followed by some recovery in 2021 and 2022. Year-on-year variations for 2022-2023 show a decline of 4.36%, with an average annual decrease (CAGR) of 3.1% over the last five years. A forecasted 5-year CAGR of -4.33% suggests continued decline, with a total drop of 19.83% expected by 2028.
Future trends to watch include potential market shifts due to evolving trade policies, environmental regulations impacting plastic use, and technological advancements in alternative materials. Monitoring global supply chain dynamics and regional demand shifts will be crucial for anticipating changes in import patterns.
