Report Update: May 1, 2024

Thailand - Ethylene-Vinyl Acetate Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Ethylene-Vinyl Acetate Copolymers Price in Thailand - 2023

Ethylene-Vinyl Acetate Copolymers Price in Thailand (FOB) - 2023

The average ethylene-vinyl acetate copolymers export price stood at $1,626 per ton in July 2023, approximately mirroring the previous month. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in November 2022 an increase of 13% against the previous month. The export price peaked at $3,538 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In July 2023, the country with the highest price was China ($1,625 per ton), while the average price for exports to India amounted to $1,607 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-6.3%).

Ethylene-Vinyl Acetate Copolymers Price in Thailand (CIF) - 2023

In July 2023, the average ethylene-vinyl acetate copolymers import price amounted to $1,724 per ton, waning by -14.5% against the previous month. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in April 2023 an increase of 19% m-o-m. Over the period under review, average import prices hit record highs at $3,279 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($2,052 per ton), while the price for Saudi Arabia ($1,203 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

Ethylene-Vinyl Acetate Copolymers Exports in Thailand

In 2022, exports of ethylene-vinyl acetate copolymers in primary forms from Thailand stood at 118K tons, therefore, remained relatively stable against the year before. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports reached the peak of 130K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ethylene-vinyl acetate copolymers exports expanded remarkably to $343M in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 66%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Ethylene-Vinyl Acetate Copolymers in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	139	152	245	300	29.2%
India	31.8	21.4	36.7	19.6	-14.9%
Turkey	N/A	N/A	1.5	7.9	426.7%
Others	7.9	7.2	15.4	15.7	25.7%
Total	178	180	299	343	24.4%

Top Export Markets for Ethylene-Vinyl Acetate Copolymers from Thailand in 2022:

China (103.0K tons)
India (7.4K tons)
Turkey (2.4K tons)

Ethylene-Vinyl Acetate Copolymers Imports in Thailand

In 2022, approx. 36K tons of ethylene-vinyl acetate copolymers in primary forms were imported into Thailand; increasing by 8.8% compared with 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports attained the peak of 38K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ethylene-vinyl acetate copolymers imports soared to $104M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Ethylene-Vinyl Acetate Copolymers in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	25.0	25.5	36.4	42.6	19.4%
Taiwan (Chinese)	13.0	17.1	25.3	32.5	35.7%
Japan	4.3	4.8	9.5	15.1	52.0%
China	3.2	2.5	1.9	3.5	3.0%
Saudi Arabia	3.9	1.2	1.4	3.2	-6.4%
United States	2.5	2.8	1.6	2.5	0.0%
Belgium	0.9	0.8	1.7	1.7	23.6%
Others	6.0	3.8	3.9	3.1	-19.8%
Total	58.8	58.6	81.6	104	20.9%

Top Suppliers of Ethylene-Vinyl Acetate Copolymers to Thailand in 2022:

South Korea (13.8K tons)
Taiwan (Chinese) (10.8K tons)
Japan (5.1K tons)
China (2.5K tons)
Saudi Arabia (1.1K tons)
United States (1.1K tons)
Belgium (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ethylene-vinyl acetate copolymers market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20161070 - Ethylene-vinyl acetate copolymers, in primary forms

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023