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

Contents:

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

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Pakistan (CIF) - 2022

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,430 per ton in 2022, jumping by 28% against the previous year. Overall, the import price, however, saw a slight slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 53% against the previous year. The import price peaked at $4,797 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($2,339 per ton), while the price for China ($1,356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $944 per ton, picking up by 11% against the previous year. In general, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2021 an increase of 34%. Over the period under review, the average export prices reached the maximum at $1,188 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($1,495 per ton), while the average price for exports to Madagascar ($879 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 Nigeria (+54.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of polyvinyl acetate; in aqueous dispersion, in primary formses into Pakistan rose modestly to 580 tons, picking up by 2.8% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59%. As a result, imports reached the peak of 691 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses surged to $829K in 2022. The total import value increased at an average annual rate of +7.9% 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 Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)54050562375912.0%
Saudi Arabia10378.90.229.3-34.2%
IranN/AN/AN/A25.20%
China15.633.33.313.6-4.5%
Others0.4N/A0.81.140.1%
Total6606186278297.9%

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

  1. Taiwan (Chinese) (541.2 tons)
  2. Iran (15.4 tons)
  3. Saudi Arabia (12.5 tons)
  4. China (10.0 tons)

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

In 2022, overseas shipments of polyvinyl acetate; in aqueous dispersion, in primary formses decreased by -35.5% to 568 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 148% against the previous year. As a result, the exports attained the peak of 881 tons, and then shrank sharply in the following year.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses contracted rapidly to $536K in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 232% against the previous year. As a result, the exports attained the peak of $749K, and then reduced sharply in the following year.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar14321049844045.4%
NigeriaN/A15.033.241.165.5%
TanzaniaN/AN/A19235.1-81.7%
GhanaN/AN/AN/A20.00%
Senegal24.0N/AN/AN/A0%
OthersN/AN/A25.8N/A0%
Total16722574953647.5%

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

  1. Madagascar (500.6 tons)
  2. Nigeria (27.5 tons)
  3. Tanzania (24.0 tons)
  4. Ghana (16.0 tons)

Source: IndexBox Market Intelligence Platform

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