Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Canada - 2024

Contents:

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

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Canada (FOB) - 2024

In January 2024, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,289 per ton, almost unchanged from the previous month. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 3.1% month-to-month. Over the period under review, the average export prices reached the maximum at $1,348 per ton in January 2023; afterwards, it flattened through to January 2024.

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

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to -0.3% per month.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Canada (CIF) - 2024

In January 2024, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,691 per ton, with an increase of 8.3% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,725 per ton in February 2023; afterwards, it flattened through to January 2024.

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

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +0.2% per month.

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

In 2022, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses from Canada rose significantly to 28K tons, increasing by 7.6% on the previous year's figure. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $39M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.425.930.638.116.0%
Others0.60.60.71.018.6%
Total25.026.631.339.116.1%

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

  1. United States (27.4K tons)

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

In 2022, supplies from abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -7.2% to 13K tons, falling for the second year in a row after two years of growth. In general, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 9.8%. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses soared to $23M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.718.119.022.09.6%
Germany0.90.80.80.8-3.9%
Others0.1N/A0.10.226.0%
Total17.618.919.923.09.3%

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

  1. United States (13.0K tons)
  2. Germany (0.3K tons)

Source: IndexBox Market Intelligence Platform

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