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

Contents:

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

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

In December 2023, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,255 per ton, declining by -9.4% against the previous month. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in May 2023 when the average import price increased by 21% m-o-m. The import price peaked at $1,809 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat 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 Italy ($1,622 per ton), while the price for Sweden ($978 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 Spain (-0.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,824 per ton in December 2023, growing by 7.8% against the previous month. Overall, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 31% m-o-m. Over the period under review, the average export prices attained the maximum at $2,085 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Saudi Arabia ($2,906 per ton), while the average price for exports to France ($1,437 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 the United States (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of vinyl acetate copolymers; in aqueous dispersion, in primary formses were finally on the rise to reach 25K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses skyrocketed to $41M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +80.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.816.722.828.824.8%
Netherlands3.22.33.34.915.3%
Italy2.21.52.93.314.5%
Spain0.10.11.71.9166.8%
Sweden2.21.30.71.0-23.1%
Others1.30.90.80.9-11.5%
Total23.922.732.240.919.6%

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

  1. Germany (18.2K tons)
  2. Netherlands (2.8K tons)
  3. Italy (1.4K tons)
  4. Spain (1.1K tons)
  5. Sweden (0.7K tons)

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

In 2022, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -9.6% to 7.2K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of 15K 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 dropped to $13M in 2022. Over the period under review, exports showed a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of $19M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.26.44.24.123.1%
Ireland2.83.91.32.7-1.2%
Netherlands1.31.52.11.913.5%
Poland1.41.72.01.40.0%
United States0.70.70.70.98.7%
Spain0.30.50.90.626.0%
Belgium0.10.60.40.344.2%
Turkey1.00.40.30.2-41.5%
Germany0.20.40.30.1-20.6%
Cyprus0.50.30.20.1-41.5%
Belarus0.70.70.8N/A6.9%
Others2.72.21.81.1-25.9%
Total13.919.414.913.4-1.2%

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

  1. France (2574.1 tons)
  2. Ireland (1624.4 tons)
  3. Netherlands (857.6 tons)
  4. Poland (633.2 tons)
  5. United States (383.0 tons)
  6. Spain (253.0 tons)
  7. Belgium (217.9 tons)
  8. Germany (87.6 tons)
  9. Turkey (64.0 tons)
  10. Cyprus (59.8 tons)

Source: IndexBox Market Intelligence Platform

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