Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria - 2023

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (FOB) - 2023
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (CIF) - 2022
  3. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria
  4. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (FOB) - 2023

In November 2023, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,021 per ton, approximately reflecting the previous month. Over the period under review, the export price, however, showed a slight downturn. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 7.9% against the previous month. As a result, the export price attained the peak level of $1,226 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was North Macedonia ($1,214 per ton), while the average price for exports to Romania ($981 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 Serbia (-0.6%), while the prices for the other major destinations experienced a decline.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (CIF) - 2022

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $2,360 per ton, picking up by 26% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +55.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to see steady 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 Italy ($4,160 per ton), while the price for Malaysia ($1,901 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses, which increased by 15% to 1.2K tons in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses rose significantly to $1.7M in 2022. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 298% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2372561,4221,25374.2%
Serbia94.791.60.71197.9%
IraqN/AN/AN/A1010%
North MacedoniaN/AN/AN/A64.40%
Bosnia and HerzegovinaN/AN/AN/A61.70%
Others10.117.929.859.080.1%
Total3423651,4531,65969.3%

Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from Bulgaria in 2022:

  1. Romania (939.9 tons)
  2. Serbia (100.1 tons)
  3. Bosnia and Herzegovina (48.1 tons)
  4. North Macedonia (43.7 tons)
  5. Iraq (24.3 tons)

Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria

In 2022, approx. 355 tons of vinyl acetate copolymers; in aqueous dispersion, in primary formses were imported into Bulgaria; reducing by -48% against 2021. Over the period under review, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses contracted significantly to $838K in 2022. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $1.3M, and then declined notably in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany821557792332-26.1%
Turkey12010421620319.2%
Italy50.752.011512033.3%
Malaysia18.0N/A11174.560.6%
GreeceN/A0.85.459.2760.2%
Others46.315539.249.92.5%
Total1,0568681,278838-7.4%

Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to Bulgaria in 2022:

  1. Germany (159.6 tons)
  2. Turkey (94.4 tons)
  3. Malaysia (39.2 tons)
  4. Italy (28.8 tons)
  5. Greece (19.0 tons)

Source: IndexBox Market Intelligence Platform

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