Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand - 2024
Contents:
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (FOB) - 2022
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (CIF) - 2024
- Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand
- Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (FOB) - 2022
The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,325 per ton in 2022, reducing by -13.3% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +27.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. As a result, the export price reached the peak level of $1,528 per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,039 per ton), while the average price for exports to Cambodia ($1,072 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 Bangladesh (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (CIF) - 2024
The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,493 per ton in November 2023, with a decrease of -6.7% against the previous month. Overall, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 26% month-to-month. Over the period under review, average import prices attained the peak figure at $1,950 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($2,004 per ton), while the price for Malaysia ($572 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), while the prices for the other major suppliers experienced a decline.
Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand
In 2022, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses from Thailand rose rapidly to 539K tons, surging by 15% on the year before. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses declined to $715M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +55.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of $720M, leveling off in the following year.
| Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 118 | 148 | 267 | 297 | 36.0% |
| Vietnam | 51.5 | 47.6 | 76.1 | 72.9 | 12.3% |
| Malaysia | 38.8 | 31.6 | 44.8 | 42.0 | 2.7% |
| China | 41.1 | 53.8 | 50.8 | 40.4 | -0.6% |
| Myanmar | 15.1 | 8.4 | 14.3 | 30.0 | 25.7% |
| Indonesia | 27.9 | 18.9 | 23.5 | 24.0 | -4.9% |
| United States | 9.6 | 8.8 | 14.3 | 23.6 | 35.0% |
| Bangladesh | 28.9 | 20.1 | 31.0 | 21.8 | -9.0% |
| Cambodia | 23.4 | 21.2 | 26.3 | 19.0 | -6.7% |
| United Arab Emirates | 3.4 | 5.5 | 17.1 | 18.5 | 75.9% |
| South Korea | 12.8 | 11.2 | 16.2 | 15.1 | 5.7% |
| Philippines | 21.3 | 7.8 | 11.8 | 12.5 | -16.3% |
| Australia | 14.2 | 11.0 | 17.0 | 10.4 | -9.9% |
| Others | 63.6 | 67.7 | 110 | 87.3 | 11.1% |
| Total | 469 | 461 | 720 | 715 | 15.1% |
Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Thailand in 2022:
- India (213.6K tons)
- Vietnam (58.8K tons)
- China (36.2K tons)
- Malaysia (34.3K tons)
- Myanmar (25.8K tons)
- Indonesia (19.2K tons)
- Cambodia (17.7K tons)
- Bangladesh (16.2K tons)
- United Arab Emirates (15.4K tons)
- United States (11.6K tons)
- Philippines (9.5K tons)
- Australia (8.7K tons)
- South Korea (7.9K tons)
Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand
Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Thailand reached 116K tons in 2022, remaining stable against the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of 120K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses rose notably to $264M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.6 | 58.3 | 90.2 | 106 | 38.8% |
| Japan | 55.0 | 51.3 | 68.1 | 65.0 | 5.7% |
| Taiwan (Chinese) | 9.2 | 13.1 | 18.7 | 22.3 | 34.3% |
| United States | 20.7 | 19.3 | 16.1 | 14.8 | -10.6% |
| Vietnam | 10.4 | 15.9 | 12.7 | 10.3 | -0.3% |
| South Korea | 2.7 | 4.1 | 3.0 | 7.4 | 39.9% |
| Germany | 5.4 | 6.1 | 7.4 | 6.8 | 8.0% |
| Malaysia | 1.5 | 2.6 | 5.0 | 4.2 | 40.9% |
| United Kingdom | 8.5 | 7.5 | 5.8 | 3.6 | -24.9% |
| Others | 8.0 | 9.5 | 12.7 | 23.0 | 42.2% |
| Total | 161 | 188 | 240 | 264 | 17.9% |
Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Thailand in 2022:
- China (45.0K tons)
- Japan (32.7K tons)
- Taiwan (Chinese) (12.3K tons)
- Vietnam (5.4K tons)
- South Korea (5.1K tons)
- Malaysia (3.5K tons)
- United States (2.5K tons)
- Germany (1.8K tons)
- United Kingdom (1.0K tons)
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