The import of Polyvinyl Chloride (PVC) to the UAE has shown varied trends over the past years. In 2023, the import volume stood at 297.66 million kilograms, reflecting a modest year-on-year increase of 2.09%. Analyzing the two years prior, there was a 7.56% increase in 2022 and a 17.07% increase in 2021. The Compound Annual Growth Rate (CAGR) over the last five years leading up to 2023 was 3.11%, indicating moderate growth.
Forecasts suggest the PVC import volume will continue to grow steadily, reaching 328.72 million kilograms by 2028, with an anticipated CAGR of 1.62% over the next five years and an overall forecasted growth rate of 8.36% from 2024 to 2028. Future trends to watch for include shifts in global supply chains, changes in local demand driven by economic conditions, and potential regulatory impacts affecting import volumes and sources.
