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

Contents:

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

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

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,788 per ton in 2022, picking up by 15% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +94.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 68%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($2,127 per ton) and Ukraine ($1,984 per ton), while the price for Romania ($1,532 per ton) and Russia ($1,604 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.1%), 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 Serbia (FOB) - 2023

The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,214 per ton in November 2023, which is down by -2.9% against the previous month. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in January 2023 when the average export price increased by 5.7% against the previous month. As a result, the export price attained the peak level of $1,841 per ton. From February 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Belarus ($2,163 per ton), while the average price for exports to Russia ($712 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+0.2%), 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 Serbia

For the fourth consecutive year, Serbia recorded growth in supplies from abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses, which increased by 0.2% to 59K tons in 2022. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses skyrocketed to $105M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. Hungary (16.8K tons)
2. Russia (9.3K tons)
3. Germany (8.3K tons)
4. United States (8.2K tons)
5. Sweden (2.5K tons)
6. South Korea (2.0K tons)
7. Italy (1.8K tons)
8. North Macedonia (1.5K tons)
9. Ukraine (1.3K tons)
10. Slovakia (1.3K tons)
11. Czech Republic (1.1K tons)

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

For the fourth consecutive year, Serbia recorded growth in overseas shipments of polymers of vinyl chloride or of other halogenated olefins, in primary formses, which increased by 64% to 12K tons in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 103%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $22M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 213%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Romania (3.1K tons)
2. Czech Republic (2.0K tons)
3. Russia (1.5K tons)
4. Belarus (0.8K tons)
5. Bosnia and Herzegovina (0.8K tons)
6. Hungary (0.7K tons)
7. Poland (0.6K tons)
8. Slovakia (0.6K tons)
9. North Macedonia (0.5K tons)

Source: IndexBox Market Intelligence Platform