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

Contents:

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

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

In December 2023, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $2,237 per ton, shrinking by -15.8% against the previous month. In general, the import price, however, continues to indicate a modest expansion. The growth pace was the most rapid in April 2023 when the average import price increased by 65% m-o-m. As a result, import price attained the peak level of $3,376 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +1.2% per month.

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

In April 2023, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $1,898 per ton, standing approximately at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level of $2,088 per ton. From July 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From June 2022 to April 2023, the rate of growth in terms of prices for Guatemala amounted to 0.0% per month.

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

After two years of decline, supplies from abroad of polyvinyl acetate; in aqueous dispersion, in primary formses increased by 2.9% to 1.2K tons in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses soared to $2.4M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7947988552,43145.2%
EcuadorN/AN/A244N/A0%
Canada1,019946878N/A-7.2%
Others10570.694.7N/A-5.0%
Total1,9181,8152,0712,4318.2%

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

  1. United States (1.2K tons)

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

For the third consecutive year, Mexico recorded decline in overseas shipments of polyvinyl acetate; in aqueous dispersion, in primary formses, which decreased by -40.4% to 55 tons in 2022. In general, exports recorded a sharp contraction. The smallest decline of -28.9% was in 2021.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses reduced to $116K in 2022. Overall, exports recorded a precipitous setback. The smallest decline of -12.9% was in 2021.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20125.534.1116-16.7%
Dominican Republic35.05.46.7N/A-56.2%
Guatemala18732.823.6N/A-64.5%
Costa Rica14521.320.8N/A-62.1%
El Salvador22.23.32.4N/A-67.1%
Cuba71.69.83.8N/A-77.0%
Bolivia22753.438.5N/A-58.8%
Others31.74.66.1N/A-56.1%
Total920156136116-49.9%

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

  1. United States (55.4 tons)

Source: IndexBox Market Intelligence Platform

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