Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan - 2023

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (CIF) - 2023
  2. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (FOB) - 2022
  3. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan
  4. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (CIF) - 2023

In December 2023, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $2,846 per ton, shrinking by -17.2% against the previous month. Over the period under review, the import price, however, continues to indicate pronounced growth. The pace of growth was the most pronounced in March 2023 an increase of 399% month-to-month. Over the period under review, average import prices attained the maximum at $3,840 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Greece ($3,921 per ton), while the price for Turkey ($1,244 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (FOB) - 2022

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,045 per ton in 2022, picking up by 44% against the previous year. In general, export price indicated temperate growth from 2016 to 2022: its price increased at an average annual rate of +3.8% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyvinyl acetate; in aqueous dispersion, in primary formses increased by +66.0% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Georgia ($1,125 per ton), while the average price for exports to Kyrgyzstan amounted to $544 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan

In 2022, the amount of polyvinyl acetate; in aqueous dispersion, in primary formses imported into Azerbaijan skyrocketed to 377 tons, jumping by 46% against 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. 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 polyvinyl acetate; in aqueous dispersion, in primary formses skyrocketed to $715K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece29.853.172.7484153.2%
Turkey6.34.234.784.9138.0%
Iran12.529.683.969.377.0%
Germany24.940.231.549.225.5%
ItalyN/A9.810.119.942.5%
Poland2.24.31.26.442.8%
Ukraine37.51.90.3N/A-91.1%
Others86.316.814.00.8-79.0%
Total20016024871552.9%

Top Suppliers of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms to Azerbaijan in 2022:

  1. Greece (147.0 tons)
  2. Iran (143.3 tons)
  3. Turkey (50.1 tons)
  4. Germany (18.4 tons)
  5. Poland (10.1 tons)
  6. Italy (7.7 tons)

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan

In 2022, exports of polyvinyl acetate; in aqueous dispersion, in primary formses from Azerbaijan rose rapidly to 32 tons, increasing by 12% compared with 2021 figures. In general, exports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 81%. As a result, the exports attained the peak of 64 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses soared to $33K in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 96%. As a result, the exports reached the peak of $43K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia15.522.715.530.925.9%
Kyrgyzstan6.25.84.92.3-28.1%
Kazakhstan0.52.70.4N/A-10.6%
UzbekistanN/A12.2N/AN/A0%
OthersN/AN/AN/A0.20%
Total22.243.420.833.414.6%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from Azerbaijan in 2022:

  1. Georgia (27.5 tons)
  2. Kyrgyzstan (4.2 tons)

Source: IndexBox Market Intelligence Platform

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