Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Belgium - 2023

Contents:

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

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

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $3,725 per ton in November 2023, approximately equating the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 71% against the previous month. As a result, import price reached the peak level of $5,634 per ton. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6,363 per ton), while the price for Turkey stood at $2,067 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), 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 Belgium (FOB) - 2023

In November 2023, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $6,695 per ton, growing by 28% against the previous month. Overall, the export price saw a perceptible increase. The growth pace was the most rapid in July 2023 when the average export price increased by 109% month-to-month. The export price peaked at $8,377 per ton in May 2023; however, from June 2023 to November 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From November 2022 to November 2023, the rate of growth in terms of prices for the UK amounted to +27.7% per month.

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

In 2022, supplies from abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -6.7% to 2.5K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 2.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted to $8.8M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25%.

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

1. Germany (2224.2 tons)
2. Netherlands (130.6 tons)
3. United Kingdom (87.9 tons)
4. Taiwan (Chinese) (48.0 tons)

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

In 2022, the amount of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses exported from Belgium soared to 605 tons, jumping by 16% compared with 2021 figures. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 194% against the previous year. As a result, the exports attained the peak of 916 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; (other than in aqueous dispersion), in primary formses skyrocketed to $2.5M in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 155% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Gabon (188.7 tons)
2. Saudi Arabia (110.0 tons)
3. Yemen (86.0 tons)
4. Morocco (74.3 tons)
5. United Kingdom (38.9 tons)
6. Luxembourg (13.3 tons)
7. Kenya (13.0 tons)
8. France (0.8 tons)

Source: IndexBox Market Intelligence Platform