The import of Vinyl Chloride Copolymers to the UAE in 2023 stood at a significant benchmark, leading into the forecasted values for the coming years. In 2024, the import value is expected to be 360.9 Thousand US Dollars. This forecast indicates a downward trend, with the value decreasing to 310.49 Thousand US Dollars in 2025, 261.09 Thousand US Dollars in 2026, 212.68 Thousand US Dollars in 2027, and reaching 165.24 Thousand US Dollars by 2028.
The year-on-year variation demonstrates a consistent decline. From 2024 to 2025, there is a decline of approximately -13.97%, followed by a -15.88% drop from 2025 to 2026. The downward trend continues with a -18.53% decrease into 2027, and finally, a -22.3% decrease by 2028. These consistent negative variations indicate a clear downturn in the import volumes over the years.
Over the last two years, from 2025 to 2027, the average annual decline (CAGR) is notable, averaging at -17.13%. This illustrates a steady and significant reduction in import values year-on-year.
Future trends to watch for include potential shifts due to economic factors within the UAE, changes in the global supply chain for Vinyl Chloride Copolymers, and advancements in alternative materials or technologies that may reduce dependency on these imports. Keeping an eye on regional manufacturing trends and domestic production capabilities will also be crucial in understanding future import projections.
