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

Contents:

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

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

In November 2023, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,813 per ton, declining by -7.4% against the previous month. In general, the import price saw a mild curtailment. The pace of growth was the most pronounced in August 2023 when the average import price increased by 31% against the previous month. The import price peaked at $2,175 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,302 per ton), while the price for Italy ($1,649 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 France (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In November 2023, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,497 per ton, dropping by -15.5% against the previous month. Over the period under review, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in October 2023 an increase of 15% month-to-month. Over the period under review, the average export prices hit record highs at $1,932 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Angola ($3,997 per ton), while the average price for exports to Spain ($1,370 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 Italy (+2.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -2.5% to 3.7K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses expanded notably to $7.3M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 increased by +72.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3851,8392,6242,26717.9%
Italy2555581,5731,71588.8%
Spain9251,5729421,59219.8%
Turkey747718719532-10.7%
France15523925252750.4%
Sweden437127148379-4.6%
Netherlands298289331240-7.0%
Others29.856.010330.60.9%
Total4,2345,3996,6917,28419.8%

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

  1. Germany (1151.2 tons)
  2. Italy (900.8 tons)
  3. Spain (756.5 tons)
  4. France (294.2 tons)
  5. Turkey (283.6 tons)
  6. Sweden (213.3 tons)
  7. Netherlands (82.6 tons)

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

In 2022, overseas shipments of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -53% to 1.6K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of 4.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses dropped sharply to $2.9M in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.4%.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,7482,9203,0191,7690.4%
France2,6898741,219761-34.3%
Italy81.096.052.886.52.2%
GhanaN/AN/A63.175.219.2%
Cabo Verde17.538.152.272.860.8%
United Kingdom15465134322.1-47.6%
Morocco24211216.68.5-67.3%
Others24424529097.0-26.5%
Total5,1764,9365,0552,892-17.6%

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

  1. Spain (982.8 tons)
  2. France (413.8 tons)
  3. Ghana (42.0 tons)
  4. Cabo Verde (29.7 tons)
  5. Italy (27.7 tons)
  6. United Kingdom (12.7 tons)
  7. Morocco (4.2 tons)

Source: IndexBox Market Intelligence Platform

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