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

Contents:

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

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

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $2,545 per ton in November 2023, rising by 20% against the previous month. Over the period under review, the import price, however, recorded a slight setback. The import price peaked at $3,322 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,939 per ton), while the price for Indonesia ($1,244 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 the Netherlands (+3.8%), while the prices for the other major suppliers experienced a decline.

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

In November 2023, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $1,136 per ton, waning by -14.5% against the previous month. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in May 2023 an increase of 23% month-to-month. As a result, the export price attained the peak level of $1,787 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,845 per ton), while the average price for exports to Nigeria ($629 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), 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 India

For the fourth consecutive year, India recorded growth in purchases abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which increased by 44% to 5.6K tons in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses soared to $15M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.71.83.18.067.6%
China1.10.91.93.141.3%
Belgium1.41.01.01.2-5.0%
Netherlands0.20.10.71.071.0%
Taiwan (Chinese)0.1N/A0.20.458.7%
Indonesia0.20.20.20.20.0%
Malaysia0.10.2N/AN/A100.0%
Others0.40.50.60.720.5%
Total5.14.77.614.642.0%

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

  1. Germany (3512.2 tons)
  2. China (861.2 tons)
  3. Belgium (466.2 tons)
  4. Netherlands (375.1 tons)
  5. Indonesia (118.2 tons)
  6. Taiwan (Chinese) (96.0 tons)
  7. Malaysia (8.0 tons)

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

In 2022, shipments abroad of polyvinyl acetate; in aqueous dispersion, in primary formses decreased by -13% to 3.5K tons, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 2.9%. As a result, the exports attained the peak of 4.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses rose markedly to $5.6M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana1731255311,09384.9%
Nigeria42779936265615.4%
United Arab Emirates44050361261711.9%
United States0.62.94.6422789.3%
Bangladesh2552073223218.0%
Egypt32.949.416922289.0%
Kenya15294.72401846.6%
Nepal425213165160-27.8%
Madagascar73.352.616213322.0%
Qatar70.212.543.113123.1%
Romania84.310651.991.92.9%
Cameroon40.270.965.381.326.5%
Kuwait35629621876.9-40.0%
Others1,5121,0261,9801,430-1.8%
Total4,0413,5574,9275,61911.6%

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

  1. Ghana (772.0 tons)
  2. Nigeria (582.6 tons)
  3. United Arab Emirates (379.4 tons)
  4. United States (276.2 tons)
  5. Bangladesh (268.7 tons)
  6. Kenya (126.5 tons)
  7. Egypt (124.0 tons)
  8. Qatar (93.8 tons)
  9. Nepal (93.6 tons)
  10. Madagascar (83.7 tons)
  11. Romania (79.0 tons)
  12. Cameroon (60.0 tons)
  13. Kuwait (57.2 tons)

Source: IndexBox Market Intelligence Platform

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