In 2023, Saudi Arabia imported 13.4 million kilograms of plasticised polyvinyl chloride. Based on forecasted data, imports are expected to grow steadily from 13.616 million kilograms in 2024 to 14.424 million kilograms by 2028. The year-on-year variation percentages show consistent growth, indicating a stable demand. The five-year compound annual growth rate (CAGR) reflects an average yearly increase of approximately 1.5%, reflecting positive market dynamics.
Future trends to watch for:
- Increasing demand driven by construction and infrastructure projects.
- Potential for domestic production improvements influencing import volumes.
- Global supply chain fluctuations which may affect import consistency and cost.
