Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam - 2022
Contents:
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam (CIF) - 2022
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam (FOB) - 2022
- Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam
- Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam (CIF) - 2022
In December 2022, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $2,118 per ton, increasing by 2% against the previous month. Overall, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in March 2022 an increase of 5.8% m-o-m. The import price peaked in December 2022.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the highest price was recorded for prices from Japan ($2,561 per ton) and China ($2,431 per ton), while the price for Indonesia ($1,766 per ton) and Taiwan (Chinese) ($1,782 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), 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 Vietnam (FOB) - 2022
The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,852 per ton in December 2022, dropping by -18.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 an increase of 21% m-o-m. The export price peaked at $2,268 per ton in November 2022, and then reduced dramatically in the following month.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was China ($2,443 per ton), while the average price for exports to India ($1,592 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.5%), 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 Vietnam
Imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Vietnam amounted to 546K tons in 2022, increasing by 8.5% on 2021. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 26%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses surged to $1.1B in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 62% 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 71.0 | 112 | 390 | 383 | 75.4% |
| Taiwan (Chinese) | 113 | 138 | 169 | 196 | 20.2% |
| Japan | 123 | 136 | 145 | 183 | 14.2% |
| Indonesia | 26.3 | 31.2 | 49.6 | 92.1 | 51.9% |
| Thailand | 53.0 | 46.7 | 73.8 | 80.9 | 15.1% |
| South Korea | 28.2 | 32.1 | 36.6 | 54.0 | 24.2% |
| United States | 48.2 | 46.3 | 8.3 | 41.2 | -5.1% |
| Others | 32.0 | 35.7 | 60.9 | 56.1 | 20.6% |
| Total | 495 | 578 | 934 | 1,086 | 29.9% |
Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Vietnam in 2022:
- China (183.9K tons)
- Taiwan (Chinese) (109.6K tons)
- Japan (82.5K tons)
- Indonesia (52.2K tons)
- Thailand (44.5K tons)
- South Korea (26.1K tons)
- United States (20.0K tons)
Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam
In 2022, shipments abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -22.7% to 74K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 80%.
In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses contracted significantly to $145M in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 81%. As a result, the exports reached the peak of $172M, and then reduced notably in the following year.
| Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.8 | 27.7 | 73.8 | 52.7 | 97.9% |
| Thailand | 10.8 | 15.8 | 14.2 | 12.0 | 3.6% |
| Bangladesh | 8.6 | 8.9 | 14.0 | 11.1 | 8.9% |
| Indonesia | 1.2 | 2.2 | 5.0 | 8.9 | 95.0% |
| China | 1.7 | 2.8 | 6.1 | 7.6 | 64.7% |
| Canada | 1.2 | 1.9 | 3.5 | 6.3 | 73.8% |
| United States | 1.2 | 2.1 | 3.3 | 5.6 | 67.1% |
| Australia | 3.2 | 2.3 | 5.2 | 4.2 | 9.5% |
| Sri Lanka | 4.0 | 4.8 | 9.6 | 3.8 | -1.7% |
| South Korea | 4.0 | 3.1 | 3.5 | 3.1 | -8.1% |
| Tanzania | 0.1 | 1.0 | 2.5 | 2.7 | 200.0% |
| Myanmar | 2.1 | 3.3 | 3.3 | 1.7 | -6.8% |
| Others | 16.0 | 18.9 | 27.7 | 25.1 | 16.2% |
| Total | 60.8 | 94.9 | 172 | 145 | 33.6% |
Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Vietnam in 2022:
- India (31.8K tons)
- Indonesia (5.4K tons)
- Thailand (5.1K tons)
- Bangladesh (4.9K tons)
- China (3.2K tons)
- Canada (3.1K tons)
- United States (2.5K tons)
- Australia (1.8K tons)
- Sri Lanka (1.6K tons)
- Tanzania (1.1K tons)
- South Korea (1.0K tons)
- Myanmar (0.7K tons)
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