Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey - 2024

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (FOB) - 2024
  2. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (CIF) - 2024
  3. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey
  4. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (FOB) - 2024

In January 2024, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $850 per ton, stabilizing at the previous month. Over the period under review, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in May 2023 an increase of 26% m-o-m. As a result, the export price reached the peak level of $1,490 per ton. From June 2023 to January 2024, 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 Algeria ($2,200 per ton), while the average price for exports to Egypt ($708 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+2.7%), while the prices for the other major destinations experienced a decline.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (CIF) - 2024

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,560 per ton in January 2024, rising by 18% against the previous month. In general, the import price, however, saw a mild contraction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 28% against the previous month. The import price peaked at $2,241 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($2,980 per ton), while the price for Egypt ($1,095 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Egypt (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, when their volume decreased by -39.7% to 9.2K tons. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 5.1% against the previous year. As a result, the exports attained the peak of 15K tons, and then fell significantly in the following year.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses fell markedly to $12M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, the exports attained the peak of $16M, and then fell sharply in the following year.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt6.36.910.26.40.5%
Algeria0.10.10.10.9108.0%
Israel0.20.51.00.965.1%
Nigeria0.30.30.20.626.0%
Uzbekistan0.20.20.30.426.0%
Bulgaria0.20.20.30.426.0%
AngolaN/AN/A0.20.350.0%
Serbia0.20.10.50.314.5%
GhanaN/AN/A0.30.2-33.3%
RomaniaN/AN/A0.30.2-33.3%
Ethiopia1.4N/A0.1N/A-73.3%
Others1.11.72.41.817.8%
Total10.010.016.012.26.9%

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

  1. Egypt (5340.6 tons)
  2. Israel (635.7 tons)
  3. Nigeria (438.0 tons)
  4. Algeria (397.8 tons)
  5. Serbia (226.7 tons)
  6. Ghana (224.4 tons)
  7. Uzbekistan (224.4 tons)
  8. Bulgaria (224.1 tons)
  9. Angola (163.2 tons)
  10. Romania (162.8 tons)
  11. Ethiopia (20.4 tons)

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

For the fourth year in a row, Turkey recorded growth in supplies from abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which increased by 36% to 3.7K tons in 2022. In general, imports continue to indicate 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 $7.4M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 68%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5416271,5982,43765.2%
Belgium3604777791,79570.8%
Egypt6687811,0641,35426.6%
Italy5464095986918.2%
United States58.017626631275.2%
ThailandN/AN/A0.329798900.0%
Spain1931391652346.6%
Greece86.954.853.730.2-29.7%
Others20996.3114202-1.1%
Total2,6632,7594,6387,35240.3%

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

  1. Belgium (1076.7 tons)
  2. Germany (863.2 tons)
  3. Egypt (789.6 tons)
  4. Italy (344.2 tons)
  5. Thailand (335.5 tons)
  6. Spain (94.4 tons)
  7. United States (85.3 tons)
  8. Greece (30.0 tons)

Source: IndexBox Market Intelligence Platform

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