Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Kenya - 2022

Contents:

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

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

In December 2021, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,738 per ton, surging by 8.4% against the previous month. In general, import price indicated a strong expansion from January 2021 to December 2021: its price increased at an average monthly rate of +5.5% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +79.4% against January 2021 indices. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 18% m-o-m. The import price peaked in December 2021.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Malaysia ($1,935 per ton) and Taiwan (Chinese) ($1,698 per ton), while the price for South Korea ($1,648 per ton) and Egypt ($1,682 per ton) were amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $2,961 per ton in 2022, picking up by 182% against the previous year. Over the period under review, the export price continues to indicate a measured expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($7,522 per ton), while the average price for exports to the United Arab Emirates ($219 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 Uganda (-4.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -21.7% to 2.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 56%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $3.8M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +66.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt9519591,4851,73122.1%
Singapore13843834471372.9%
South Korea5434777986375.5%
Malaysia1031,13146833548.2%
Taiwan (Chinese)10880.113021425.6%
Germany47.442.615585.821.9%
Turkey1391211262.3-74.5%
Others278164283126-23.2%
Total2,3073,4123,7893,84418.6%

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

  1. Egypt (1008.7 tons)
  2. Singapore (406.6 tons)
  3. South Korea (353.6 tons)
  4. Malaysia (178.2 tons)
  5. Taiwan (Chinese) (98.9 tons)
  6. Germany (49.2 tons)
  7. Turkey (1.6 tons)

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

In 2022, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -12.5% to 19 tons, falling for the second year in a row after two years of growth. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. As a result, the exports reached the peak of 48 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses soared to $57K in 2022. Over the period under review, exports, however, showed notable 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 Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SudanN/AN/AN/A47.30%
Rwanda1.617.33.29.279.2%
United Arab EmiratesN/AN/AN/A0.60%
Burundi3.44.61.3N/A-38.2%
Uganda34.822.917.5N/A-29.1%
Tanzania12.712.11.2N/A-69.3%
OthersN/AN/AN/AN/A0%
Total52.556.923.257.12.8%

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

  1. Rwanda (10.2 tons)
  2. Sudan (6.3 tons)
  3. United Arab Emirates (2.9 tons)

Source: IndexBox Market Intelligence Platform

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