The import of polymers of propylene and olefins to the UAE in 2023 stood at 3.965 million kilograms. The forecasted data indicates a slight but continuous year-on-year decline from 2024 to 2028, with an average variation per year (CAGR) of approximately -1.1%. Specifically, the import volume is expected to shrink from 3.9275 million kilograms in 2024 to 3.791 million kilograms by 2028. This trend suggests a gradual reduction in demand or an increase in domestic production capabilities.
Future trends to watch for:
• Potential shifts in the UAE's industrial policies and investments in polymer production could further reduce import volumes.
• Global supply chain changes and trade agreements may impact the cost and availability of imported polymers.
• Technological advancements and sustainability initiatives might influence the market dynamics and demand for specific types of polymers.
