Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia - 2024

Contents:

1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia (CIF) - 2024
2. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia (FOB) - 2022
3. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia
4. Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia (CIF) - 2024

In December 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $1,853 per ton, picking up by 2.7% against the previous month. Over the period under review, the import price, however, recorded a perceptible downturn. The growth pace was the most rapid in November 2023 an increase of 8.3% against the previous month. The import price peaked at $2,406 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from South Korea ($2,204 per ton) and Singapore ($1,813 per ton), while the price for Taiwan (Chinese) ($1,721 per ton) and China ($1,742 per ton) were amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $1,157 per ton in 2022, reducing by -42% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 122% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,675 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,378 per ton), while the average price for exports to New Zealand totaled $1,148 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+0.2%).

Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia

In 2022, approx. 9.8K tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were imported into Australia; with a decrease of -10.8% compared with 2021. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of 11K tons, and then contracted in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses totaled $22M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +44.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms to Australia in 2022:

1. Taiwan (Chinese) (4.1K tons)
2. Germany (3.3K tons)
3. South Korea (2.0K tons)
4. Singapore (0.2K tons)

Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Australia

In 2022, approx. 107 tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were exported from Australia; with an increase of 15% on the year before. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 865%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses fell sharply to $124K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 653%. As a result, the exports attained the peak of $187K, and then contracted significantly in the following year.

Top Export Markets for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms from Australia in 2022:

1. New Zealand (103.0 tons)
2. Singapore (4.4 tons)

Source: IndexBox Market Intelligence Platform