Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait - 2022

Contents:

  1. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (FOB) - 2022
  2. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (CIF) - 2022
  3. Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait
  4. Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (FOB) - 2022

In 2022, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $2,126 per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 2.8% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +0.8% per year.

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (CIF) - 2022

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $974 per ton in 2022, dropping by -3.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the peak figure at $1,872 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,381 per ton), while the price for Taiwan (Chinese) ($362 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait

In 2022, approx. 1.7K tons of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses were exported from Kuwait; approximately mirroring 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of less than 0.1% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3.6M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 1.3% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.43.53.53.61.9%
OthersN/AN/AN/AN/A0%
Total3.53.53.53.60.9%

Top Export Markets for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms from Kuwait in 2022:

  1. Saudi Arabia (1680.2 tons)

Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait

In 2022, supplies from abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses was finally on the rise to reach 712 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses soared to $693K in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.929.916.2228106.5%
India15.725.02.6199133.2%
Taiwan (Chinese)25.03.112.116286.4%
Saudi Arabia1.00.97.5103368.8%
United Arab Emirates17.414.96.0N/A-41.3%
Others4.57.95.3N/A8.5%
Total89.681.749.769397.8%

Top Suppliers of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms to Kuwait in 2022:

  1. Taiwan (Chinese) (448.9 tons)
  2. India (164.8 tons)
  3. China (67.5 tons)
  4. Saudi Arabia (30.6 tons)

Source: IndexBox Market Intelligence Platform

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