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

Contents:

1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Bulgaria (CIF) - 2023
2. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Bulgaria (FOB) - 2022
3. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Bulgaria
4. Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Bulgaria

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

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,465 per ton in November 2023, therefore, remained relatively stable against the previous month. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 7.8% m-o-m. Over the period under review, average import prices attained the peak figure at $2,952 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($2,627 per ton), while the price for China ($1,548 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 China (0.0%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,279 per ton, rising by 7.3% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -14.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 78%. As a result, the export price reached the peak level of $3,833 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,389 per ton), while the average price for exports to Romania totaled $3,165 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses imported into Bulgaria amounted to 3.2K tons, with an increase of 2.3% on the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 7.1%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $8.9M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Germany (2339.6 tons)
2. Switzerland (403.5 tons)
3. Italy (243.4 tons)
4. Turkey (96.9 tons)
5. Romania (61.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, when their volume decreased by -82.5% to 3.8 tons. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2020 when exports increased by 21%.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses fell sharply to $13K in 2022. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 64%. As a result, the exports attained the peak of $67K, and then contracted dramatically in the following year.

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

1. United Kingdom (1.9 tons)
2. Romania (1.9 tons)

Source: IndexBox Market Intelligence Platform