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

Contents:

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

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

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $2,305 per ton in November 2023, with an increase of 26% against the previous month. In general, the import price, however, recorded a slight curtailment. The pace of growth was the most pronounced in April 2023 an increase of 57% m-o-m. Over the period under review, average import prices hit record highs at $3,260 per ton in September 2023; however, from October 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 ($4,824 per ton), while the price for Belgium ($1,229 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), 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 Greece (FOB) - 2022

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,553 per ton in 2022, surging by 10% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 52%. As a result, the export price reached the peak level of $2,366 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($2,214 per ton), while the average price for exports to Turkey ($1,005 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 Egypt (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of polyvinyl acetate; in aqueous dispersion, in primary formses decreased by -37.2% to 815 tons in 2022. Over the period under review, imports showed a deep slump. The growth pace was the most rapid in 2021 when imports increased by 7.3% against the previous year. As a result, imports reached the peak of 1.3K tons, and then reduced notably in the following year.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses fell significantly to $1.6M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $2.2M, and then declined rapidly in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5655016905690.2%
Germany2725507663266.2%
United States70.823233431163.8%
Portugal1882052172032.6%
Belgium54.742.284.888.317.3%
Turkey27.841.829.721.1-8.8%
Poland22.321.222.716.8-9.0%
Others14397.459.215.5-52.3%
Total1,3431,6902,2031,5504.9%

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

  1. Italy (348.2 tons)
  2. Germany (163.0 tons)
  3. Portugal (141.9 tons)
  4. United States (70.9 tons)
  5. Belgium (52.3 tons)
  6. Poland (23.2 tons)
  7. Turkey (13.5 tons)

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

For the third consecutive year, Greece recorded decline in shipments abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which decreased by -12.4% to 207 tons in 2022. Over the period under review, exports showed a abrupt decrease. The smallest decline of -6.9% was in 2021.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses contracted modestly to $321K in 2022. Overall, exports faced a deep setback.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus305228130131-24.6%
Albania44.046.610191.927.8%
Turkey97.570.168.452.3-18.7%
RomaniaN/AN/A17.619.39.7%
Bulgaria6.37.315.817.139.5%
North Macedonia14.522.0N/A8.4-16.6%
Others7.914.5N/A0.8-53.4%
Total475388332321-12.2%

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

  1. Albania (66.7 tons)
  2. Cyprus (59.2 tons)
  3. Turkey (52.0 tons)
  4. Romania (12.5 tons)
  5. Bulgaria (10.3 tons)
  6. North Macedonia (5.5 tons)

Source: IndexBox Market Intelligence Platform

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