Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain - 2023

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain (FOB) - 2022
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain (CIF) - 2023
3. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain
4. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain

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

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $881 per ton, picking up by 15% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 58% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($1,070 per ton), while the average price for exports to Malaysia ($120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Spain (CIF) - 2023

The average import price for vinyl chloride polymers; waste, parings and scraps stood at $422 per ton in November 2023, picking up by 8.9% against the previous month. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth was the most pronounced in January 2023 an increase of 33% month-to-month. Over the period under review, average import prices reached the maximum at $863 per ton in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From November 2022 to November 2023, the rate of growth in terms of prices for France amounted to +1.1% per month.

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

In 2022, shipments abroad of vinyl chloride polymers; waste, parings and scraps decreased by -6.5% to 5.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 68% against the previous year.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps rose rapidly to $5.1M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

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

1. France (1793.6 tons)
2. Portugal (1562.2 tons)
3. Germany (904.1 tons)
4. Italy (868.7 tons)
5. Malaysia (326.3 tons)
6. Algeria (129.3 tons)

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

After three years of growth, supplies from abroad of vinyl chloride polymers; waste, parings and scraps decreased by -1.8% to 7.7K tons in 2022. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of 7.8K tons, and then contracted modestly in the following year.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps expanded markedly to $3.7M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. France (2794.7 tons)
2. Germany (1496.3 tons)
3. Portugal (837.8 tons)
4. Czech Republic (575.2 tons)
5. United States (483.0 tons)
6. Sweden (439.8 tons)
7. Italy (306.7 tons)
8. United Kingdom (178.6 tons)
9. Belgium (158.7 tons)

Source: IndexBox Market Intelligence Platform