Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore - 2023

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (FOB) - 2022
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (CIF) - 2022
  3. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore
  4. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (FOB) - 2022

In 2022, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $4,064 per ton, jumping by 42% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses increased by +86.8% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,018 per ton), while the average price for exports to Saudi Arabia ($1,138 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 Pakistan (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (CIF) - 2022

The average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $3,007 per ton in 2022, picking up by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2021 an increase of 26%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,773 per ton), while the price for Malaysia ($954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore

In 2022, approx. 29K tons of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses were exported from Singapore; therefore, remained relatively stable against the previous year's figure. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 6.2% against the previous year.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses skyrocketed to $116M in 2022. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +68.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.625.921.435.123.6%
India17.37.112.420.66.0%
Germany10.50.810.420.324.6%
China20.615.815.616.9-6.4%
Pakistan1.60.92.64.339.0%
Thailand1.51.51.93.228.7%
Vietnam3.52.52.72.6-9.4%
Indonesia5.82.92.82.4-25.5%
Taiwan (Chinese)1.21.32.12.222.4%
Bangladesh1.51.11.51.62.2%
Malaysia8.95.03.81.3-47.3%
Saudi Arabia0.40.1N/A0.826.0%
Japan2.91.31.00.8-34.9%
Others8.92.93.74.0-23.4%
Total10369.081.91164.0%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Singapore in 2022:

  1. United States (8.6K tons)
  2. Germany (5.7K tons)
  3. China (4.6K tons)
  4. India (3.7K tons)
  5. Pakistan (0.8K tons)
  6. Indonesia (0.8K tons)
  7. Saudi Arabia (0.7K tons)
  8. Taiwan (Chinese) (0.7K tons)
  9. Vietnam (0.5K tons)
  10. Thailand (0.5K tons)
  11. Malaysia (0.4K tons)
  12. Bangladesh (0.3K tons)
  13. Japan (0.3K tons)

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore

Imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses into Singapore contracted to 7K tons in 2022, shrinking by -14.2% compared with the year before. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses rose markedly to $21M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.81.46.09.4127.3%
United States7.82.23.25.4-11.5%
China8.88.28.13.6-25.8%
Japan1.90.91.21.5-7.6%
Germany1.61.21.10.6-27.9%
Malaysia0.20.10.20.20.0%
OthersN/AN/AN/A0.30%
Total21.114.019.921.0-0.2%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Singapore in 2022:

  1. Taiwan (Chinese) (3938.1 tons)
  2. United States (1445.3 tons)
  3. China (848.8 tons)
  4. Japan (314.6 tons)
  5. Malaysia (193.9 tons)
  6. Germany (160.3 tons)

Source: IndexBox Market Intelligence Platform

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