Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea - 2022

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea (CIF) - 2022
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea (FOB) - 2022
3. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea
4. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea (CIF) - 2022

The average import price for vinyl chloride polymers; waste, parings and scraps stood at $442 per ton in December 2022, declining by -11.2% against the previous month. Over the period under review, the import price recorded a slight decrease. The most prominent rate of growth was recorded in June 2022 an increase of 21% month-to-month. As a result, import price attained the peak level of $593 per ton. From July 2022 to December 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($451 per ton), while the price for Portugal amounted to $246 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Portugal (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $404 per ton, leveling off at the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2014 when the average export price increased by 209% against the previous year. As a result, the export price reached the peak level of $479 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.4% per year.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea

For the third year in a row, South Korea recorded decline in purchases abroad of vinyl chloride polymers; waste, parings and scraps, which decreased by -11.3% to 6.1K tons in 2022. Overall, imports faced a precipitous descent.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps expanded rapidly to $3.1M in 2022. Over the period under review, imports saw a sharp descent.

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to South Korea in 2022:

1. Japan (5.6K tons)
2. Belgium (0.6K tons)

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in South Korea

In 2022, the amount of vinyl chloride polymers; waste, parings and scraps exported from South Korea skyrocketed to 48 tons, with an increase of 95% against the previous year. Over the period under review, exports enjoyed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 403%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps surged to $19K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 700%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from South Korea in 2022:

1. Pakistan (47.8 tons)

Source: IndexBox Market Intelligence Platform