Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (CIF) - 2023
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (FOB) - 2023
- Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR
- Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (CIF) - 2023
The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,965 per ton in October 2023, which is down by -8% against the previous month. In general, the import price, however, enjoyed pronounced growth. The pace of growth was the most pronounced in January 2023 an increase of 142% against the previous month. As a result, import price attained the peak level of $4,096 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,863 per ton), while the price for South Korea ($1,116 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (FOB) - 2023
In October 2023, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $3,211 per ton, with a decrease of -24% against the previous month. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in August 2023 when the average export price increased by 131% month-to-month. Over the period under review, the average export prices hit record highs at $6,114 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was China ($2,809 per ton), while the average price for exports to Indonesia ($2,277 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR
Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Hong Kong SAR fell remarkably to 34K tons in 2022, reducing by -34.9% on 2021. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year.
In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses dropped dramatically to $76M in 2022. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $121M, and then reduced sharply in the following year.
| Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 35.6 | 41.4 | 53.5 | 21.7 | -15.2% |
| China | 23.1 | 20.2 | 31.1 | 21.3 | -2.7% |
| Taiwan (Chinese) | 3.7 | 4.5 | 7.7 | 11.8 | 47.2% |
| United States | 16.3 | 7.8 | 5.6 | 8.4 | -19.8% |
| South Korea | 7.2 | 4.6 | 6.2 | 3.8 | -19.2% |
| Germany | 4.5 | 3.0 | 6.1 | 3.5 | -8.0% |
| Indonesia | 5.1 | 1.4 | 1.0 | 0.6 | -51.0% |
| United Kingdom | 8.2 | 3.3 | 1.6 | 0.3 | -66.8% |
| Malaysia | 2.0 | 2.1 | 2.1 | 0.3 | -46.9% |
| Others | 7.9 | 5.7 | 6.2 | 4.3 | -18.4% |
| Total | 114 | 94.1 | 121 | 75.9 | -12.7% |
Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Hong Kong SAR in 2022:
- Taiwan (Chinese) (9.4K tons)
- Japan (9.0K tons)
- China (8.6K tons)
- South Korea (2.5K tons)
- United States (1.8K tons)
- Indonesia (0.6K tons)
- Germany (0.4K tons)
- United Kingdom (0.1K tons)
- Malaysia (0.1K tons)
Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR
In 2022, approx. 20K tons of polymers of vinyl chloride or of other halogenated olefins, in primary formses were exported from Hong Kong SAR; declining by -55.7% against 2021 figures. Overall, exports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2.6%.
In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses declined notably to $73M in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.
| Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 73.9 | 97.5 | 53.0 | -20.9% |
| Vietnam | 12.2 | 11.3 | 18.3 | 10.8 | -4.0% |
| Thailand | 2.2 | 2.7 | 3.6 | 1.6 | -10.1% |
| Indonesia | 2.2 | 3.1 | 4.9 | 1.3 | -16.1% |
| Philippines | 1.4 | 0.4 | 1.0 | 1.0 | -10.6% |
| Others | 5.6 | 6.0 | 4.3 | 5.1 | -3.1% |
| Total | 130 | 97.4 | 130 | 72.9 | -17.5% |
Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Hong Kong SAR in 2022:
- China (12.1K tons)
- Vietnam (5.7K tons)
- Philippines (0.6K tons)
- Thailand (0.6K tons)
- Indonesia (0.5K tons)
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