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

Contents:

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

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in China (FOB) - 2023

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,646 per ton in December 2023, increasing by 34% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $1,794 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($2,160 per ton), while the average price for exports to Hong Kong SAR ($679 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic People's Republic of Korea (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In December 2023, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $1,434 per ton, which is down by -6.1% against the previous month. Over the period under review, the import price showed a mild decline. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 24% month-to-month. As a result, import price reached the peak level of $2,103 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,134 per ton), while the price for Indonesia ($1,143 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 the United States (+2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was decline in shipments abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, when their volume decreased by -3% to 6.3K tons. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of 6.5K tons, and then fell slightly in the following year.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses rose markedly to $12M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 165%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt1,9581,6091,8673,86425.4%
India1393091,4571,744132.4%
Vietnam1295781,5681,532128.2%
Taiwan (Chinese)3071511,7181,27060.5%
Indonesia3493731,55270726.5%
Malaysia23221140952030.9%
KenyaN/A17532844659.6%
Others5246381,8202,10559.0%
Total3,6394,04310,72012,18849.6%

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

  1. Egypt (2112.7 tons)
  2. Vietnam (1036.7 tons)
  3. India (755.3 tons)
  4. Taiwan (Chinese) (472.3 tons)
  5. Indonesia (373.3 tons)
  6. Kenya (321.8 tons)
  7. Malaysia (273.3 tons)

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

For the third year in a row, China recorded decline in purchases abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which decreased by -33.9% to 3.7K tons in 2022. Over the period under review, imports recorded a abrupt setback. The smallest decline of -1.7% was in 2020.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses contracted notably to $7.2M in 2022. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 4.9% against the previous year. As a result, imports reached the peak of $9M, and then plummeted in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A2.30%
United States5.85.55.11.8-32.3%
Taiwan (Chinese)1.01.01.21.39.1%
Indonesia0.50.40.60.66.3%
Germany0.40.50.60.40.0%
Italy0.30.30.50.2-12.6%
Sweden0.20.1N/A0.20.0%
Japan0.20.20.30.1-20.6%
Others0.40.50.60.1-37.0%
Total8.78.69.07.2-6.1%

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

  1. Malaysia (1254.9 tons)
  2. United States (987.7 tons)
  3. Taiwan (Chinese) (796.3 tons)
  4. Indonesia (385.9 tons)
  5. Sweden (81.9 tons)
  6. Germany (73.9 tons)
  7. Italy (48.4 tons)
  8. Japan (44.8 tons)

Source: IndexBox Market Intelligence Platform

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