Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India - 2023
Contents:
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (CIF) - 2023
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (FOB) - 2023
- Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India
- Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (CIF) - 2023
The average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $841 per ton in November 2023, which is down by -4% against the previous month. Overall, the import price saw a noticeable setback. The pace of growth appeared the most rapid in June 2023 an increase of 9.2% month-to-month. Over the period under review, average import prices attained the maximum at $1,475 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was South Korea ($846 per ton), while the price for Singapore ($814 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (FOB) - 2023
The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $897 per ton in November 2023, picking up by 5.4% against the previous month. Overall, the export price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 70% month-to-month. As a result, the export price reached the peak level of $1,730 per ton. From March 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Bangladesh ($1,343 per ton), while the average price for exports to Ghana ($679 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 Bangladesh (+0.5%), while the prices for the other major destinations experienced a decline.
Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India
In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses imported into India contracted to 50K tons, remaining stable against the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. As a result, imports reached the peak of 50K tons, leveling off in the following year.
In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses skyrocketed to $82M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 112% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 15.4 | 11.4 | 25.4 | 33.6 | 29.7% |
| South Korea | 8.5 | 8.3 | 15.5 | 26.5 | 46.1% |
| Malaysia | 9.7 | 6.8 | 16.0 | 18.9 | 24.9% |
| Thailand | 0.5 | 0.5 | 1.1 | 1.7 | 50.4% |
| Others | 1.2 | 1.0 | 1.2 | 1.3 | 2.7% |
| Total | 35.2 | 28.0 | 59.3 | 82.0 | 32.6% |
Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to India in 2022:
- Singapore (21.6K tons)
- South Korea (14.7K tons)
- Malaysia (12.0K tons)
- Thailand (1.0K tons)
Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India
After three years of growth, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -58.9% to 2.8K tons in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses reduced rapidly to $4.4M in 2022. In general, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 99%. As a result, the exports reached the peak of $7.7M, and then contracted dramatically in the following year.
| Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 67.3 | 54.8 | 1,737 | 1,039 | 149.0% |
| Ethiopia | 690 | 2,014 | 3,145 | 795 | 4.8% |
| United Arab Emirates | 334 | 354 | 635 | 781 | 32.7% |
| Nepal | 63.7 | 95.1 | 261 | 298 | 67.2% |
| Saudi Arabia | 127 | 23.5 | 112 | 271 | 28.7% |
| Bangladesh | 700 | 298 | 417 | 203 | -33.8% |
| Sri Lanka | 239 | 182 | 393 | 193 | -6.9% |
| Algeria | 18.7 | 57.7 | 132 | 164 | 106.2% |
| Australia | N/A | N/A | N/A | 135 | 0% |
| Iraq | 11.0 | 26.6 | 186 | 118 | 120.5% |
| Russia | 73.9 | 88.9 | 175 | 100 | 10.6% |
| Djibouti | 259 | N/A | 73.1 | 9.8 | -66.4% |
| Cote d'Ivoire | 97.2 | 249 | N/A | N/A | 156.2% |
| Others | 532 | 438 | 468 | 260 | -21.2% |
| Total | 3,214 | 3,882 | 7,734 | 4,367 | 10.8% |
Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from India in 2022:
- Ghana (768.5 tons)
- Ethiopia (556.8 tons)
- United Arab Emirates (443.5 tons)
- Nepal (139.2 tons)
- Bangladesh (138.6 tons)
- Algeria (126.8 tons)
- Saudi Arabia (116.4 tons)
- Sri Lanka (100.1 tons)
- Australia (91.1 tons)
- Iraq (90.2 tons)
- Russia (67.7 tons)
- Djibouti (11.4 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 India.
47
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in India.
61
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
79
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
71
This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in India.
47
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in India.
61
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
79
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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