Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China - 2023
Contents:
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (CIF) - 2023
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (FOB) - 2023
- Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China
- Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (CIF) - 2023
In December 2023, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $806 per ton, with a decrease of -2.5% against the previous month. Over the period under review, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in September 2023 when the average import price increased by 2.6% m-o-m. The import price peaked at $1,178 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($1,415 per ton), while the price for Taiwan (Chinese) ($707 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (FOB) - 2023
The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,091 per ton in December 2023, increasing by 23% against the previous month. Overall, the export price, however, continues to indicate a noticeable decline. Over the period under review, the average export prices reached the peak figure at $1,440 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($2,500 per ton), while the average price for exports to South Korea ($773 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China
In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses imported into China dropped dramatically to 50K tons, which is down by -49.3% on the previous year. Overall, imports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of 99K tons, and then contracted dramatically in the following year.
In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses dropped sharply to $70M in 2022. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports reached the peak of $109M, and then contracted remarkably in the following year.
| Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 17.1 | 15.6 | 29.6 | 28.2 | 18.1% |
| Taiwan (Chinese) | 41.3 | 33.1 | 56.1 | 28.0 | -12.2% |
| South Korea | 19.7 | 17.5 | 15.2 | 8.1 | -25.6% |
| Japan | 1.3 | 1.0 | 1.6 | 1.5 | 4.9% |
| Thailand | 0.5 | 1.8 | 2.2 | 0.6 | 6.3% |
| Others | 2.5 | 2.1 | 4.1 | 3.4 | 10.8% |
| Total | 82.5 | 71.1 | 109 | 69.8 | -5.4% |
Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to China in 2022:
- Singapore (22.2K tons)
- Taiwan (Chinese) (20.4K tons)
- South Korea (4.5K tons)
- Japan (0.8K tons)
- Thailand (0.5K tons)
Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China
In 2022, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses from China rose rapidly to 9.1K tons, increasing by 7.3% on the previous year's figure. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +58.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 57%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses soared to $15M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,146 | 1,826 | 4,017 | 2,607 | 31.5% |
| Thailand | 1,632 | 1,425 | 1,732 | 2,334 | 12.7% |
| Russia | N/A | N/A | 400 | 1,825 | 356.3% |
| South Korea | 392 | 881 | 1,312 | 1,697 | 63.0% |
| United Arab Emirates | 41.6 | 98.6 | 197 | 1,644 | 240.6% |
| Egypt | 671 | 479 | 393 | 1,053 | 16.2% |
| Taiwan (Chinese) | 393 | 335 | 362 | 923 | 32.9% |
| Pakistan | 667 | 445 | 813 | 544 | -6.6% |
| Cambodia | 147 | 208 | 497 | 371 | 36.2% |
| Malaysia | 52.4 | 41.8 | N/A | 291 | 77.1% |
| Indonesia | 312 | 1,246 | 269 | 283 | -3.2% |
| South Africa | N/A | N/A | 8.6 | 227 | 2539.5% |
| Peru | 21.3 | 33.2 | 49.8 | 220 | 117.8% |
| Others | 1,646 | 1,759 | 1,432 | 1,111 | -12.3% |
| Total | 7,121 | 8,777 | 11,481 | 15,130 | 28.6% |
Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from China in 2022:
- Vietnam (1626.4 tons)
- South Korea (1407.0 tons)
- Thailand (1224.9 tons)
- Russia (1160.8 tons)
- United Arab Emirates (881.1 tons)
- Egypt (441.3 tons)
- Taiwan (Chinese) (420.6 tons)
- Pakistan (344.3 tons)
- Malaysia (256.7 tons)
- South Africa (193.5 tons)
- Cambodia (184.3 tons)
- Indonesia (183.2 tons)
- Peru (166.7 tons)
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This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in China.
69
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in China.
71
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
86
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
47
This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in China.
69
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in China.
71
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
86
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
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