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

Contents:

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

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

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,470 per ton in 2022, jumping by 36% against the previous year. In general, the export price continues to indicate slight growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($1,778 per ton) and Malaysia ($1,528 per ton), while the average price for exports to China ($1,317 per ton) and Thailand ($1,426 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,757 per ton, surging by 17% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +67.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,537 per ton), while the price for South Korea ($1,509 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses exported from Singapore shrank notably to 72K tons, with a decrease of -21.3% against the previous year. Overall, exports showed a perceptible curtailment. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports attained the peak of 92K tons, and then shrank rapidly in the following year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses expanded sharply to $106M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 74%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.511.223.931.729.8%
China17.816.933.224.711.5%
Indonesia8.37.112.216.425.5%
Vietnam7.17.76.68.66.6%
South Korea4.94.36.15.64.6%
Malaysia4.93.24.95.22.0%
Thailand2.82.33.22.91.2%
Others18.24.18.510.9-15.7%
Total78.556.898.610610.5%

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

  1. India (21.7K tons)
  2. China (18.7K tons)
  3. Indonesia (11.1K tons)
  4. Vietnam (4.8K tons)
  5. South Korea (3.8K tons)
  6. Malaysia (3.4K tons)
  7. Thailand (2.1K tons)

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

Imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Singapore expanded remarkably to 2.8K tons in 2022, picking up by 6.8% compared with 2021. Overall, imports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 9.2%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $4.9M in 2022. Over the period under review, imports, however, showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 56%.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia15,5111,2781,9952,165-48.1%
Taiwan (Chinese)6765441,1921,90441.2%
Vietnam23.992.2172338141.8%
South Korea16.9N/A215173117.1%
Germany1361951201646.4%
Japan2.19.3198106269.6%
China39029811.340.6-53.0%
Others18.294.910.313.6-9.3%
Total16,7732,5113,9134,905-33.6%

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

  1. Malaysia (1262.5 tons)
  2. Taiwan (Chinese) (1079.5 tons)
  3. Vietnam (184.0 tons)
  4. South Korea (114.6 tons)
  5. Germany (83.6 tons)
  6. Japan (44.0 tons)
  7. China (16.0 tons)

Source: IndexBox Market Intelligence Platform

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