Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan - 2023

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (CIF) - 2023
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (FOB) - 2022
  3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan
  4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (CIF) - 2023

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,015 per ton in June 2023, declining by -4.2% against the previous month. Over the period under review, the import price showed a noticeable contraction. The growth pace was the most rapid in February 2023 an increase of 12% against the previous month. Over the period under review, average import prices reached the maximum at $1,672 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1,447 per ton), while the price for Saudi Arabia ($439 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,102 per ton, reducing by -23.2% against the previous year. Overall, the export price, however, posted a notable expansion. The growth pace was the most rapid in 2016 when the average export price increased by 67%. As a result, the export price reached the peak level of $1,851 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,552 per ton), while the average price for exports to Egypt ($961 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 Turkey (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan

Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Pakistan rose slightly to 43K tons in 2022, with an increase of 4.4% against 2021. In general, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year. As a result, imports attained the peak of 124K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses rose to $68M in 2022. Overall, imports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of $110M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia7.48.36.016.229.8%
China4.79.618.015.548.8%
Sweden6.55.65.09.513.5%
Thailand6.17.511.69.415.5%
Belgium2.35.03.83.312.8%
Malaysia2.61.22.93.27.2%
Japan0.51.62.51.956.0%
Vietnam1.11.12.01.817.8%
South Korea1.04.42.51.514.5%
Germany1.91.41.61.3-11.9%
EgyptN/A4.2N/A1.0-51.2%
United States28.134.71.10.9-68.2%
Saudi Arabia2.25.81.70.5-39.0%
Others10.020.06.02.2-39.6%
Total74.311064.968.1-2.9%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Pakistan in 2022:

  1. China (10.8K tons)
  2. Indonesia (10.2K tons)
  3. Sweden (5.3K tons)
  4. Thailand (5.3K tons)
  5. Malaysia (2.0K tons)
  6. Belgium (1.7K tons)
  7. Japan (1.1K tons)
  8. Vietnam (1.0K tons)
  9. South Korea (1.0K tons)
  10. Egypt (0.9K tons)
  11. Germany (0.8K tons)
  12. United States (0.6K tons)
  13. Saudi Arabia (0.4K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan

After three years of growth, shipments abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -42.7% to 11K tons in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,265% against the previous year. As a result, the exports attained the peak of 19K tons, and then shrank rapidly in the following year.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses fell sharply to $12M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,817%. As a result, the exports attained the peak of $27M, and then declined markedly in the following year.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/A3.55.557.1%
TurkeyN/AN/A4.12.3-43.9%
United Arab EmiratesN/AN/A10.21.7-83.3%
Sri LankaN/A0.10.60.9200.0%
UzbekistanN/AN/AN/A0.60%
OmanN/AN/A0.10.2100.0%
QatarN/AN/A1.10.1-90.9%
NigeriaN/AN/A1.0N/A0%
South AfricaN/AN/A1.9N/A0%
Bangladesh1.50.7N/AN/A-53.3%
GhanaN/AN/A1.1N/A0%
OthersN/A0.63.60.78.0%
Total1.51.427.212.0100.0%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Pakistan in 2022:

  1. Egypt (5.7K tons)
  2. United Arab Emirates (1.6K tons)
  3. Turkey (1.5K tons)
  4. Sri Lanka (0.7K tons)
  5. Uzbekistan (0.5K tons)
  6. Oman (0.3K tons)

Source: IndexBox Market Intelligence Platform

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