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

Contents:

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

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

In December 2023, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $1,550 per ton, increasing by 6.1% against the previous month. Over the period under review, the export price, however, showed a pronounced descent. The export price peaked at $2,634 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 export markets. In December 2023, the country with the highest price was Argentina ($2,035 per ton), while the average price for exports to India ($1,356 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 South Africa (+5.8%), while the prices for the other major destinations experienced a decline.

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

In December 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $4,290 per ton, jumping by 101% against the previous month. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $5,700 per ton in March 2023; however, from April 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 South Korea ($16,653 per ton), while the price for Japan ($2,539 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 Germany (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from China soared to 24K tons, picking up by 23% compared with 2021 figures. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses surged to $55M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.43.98.115.227.1%
United States0.50.11.34.7111.0%
Malaysia1.51.62.93.937.5%
Vietnam2.52.01.53.916.0%
Philippines2.50.91.23.06.3%
Saudi Arabia0.30.10.72.5102.7%
Indonesia2.01.21.52.46.3%
Thailand2.51.11.22.2-4.2%
Mexico0.10.40.41.5146.6%
Uzbekistan0.20.30.71.595.7%
IsraelN/AN/A0.61.4133.3%
TurkeyN/AN/A0.50.740.0%
ChileN/AN/A0.10.7600.0%
Others5.56.39.311.628.2%
Total25.117.930.155.029.9%

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

  1. India (7.0K tons)
  2. United States (2.1K tons)
  3. Malaysia (1.8K tons)
  4. Philippines (1.3K tons)
  5. Vietnam (1.3K tons)
  6. Indonesia (1.1K tons)
  7. Thailand (1.1K tons)
  8. Saudi Arabia (1.0K tons)
  9. Uzbekistan (0.7K tons)
  10. Israel (0.6K tons)
  11. Mexico (0.6K tons)
  12. Turkey (0.4K tons)
  13. Chile (0.4K tons)

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

After three years of growth, overseas purchases of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -60.6% to 4.7K tons in 2022. Over the period under review, imports continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted rapidly to $15M in 2022. Overall, imports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.010.67.47.8-10.8%
South Korea0.84.314.74.172.4%
Singapore0.12.41.61.8162.1%
Japan0.60.81.00.4-12.6%
ThailandN/AN/A0.10.2100.0%
Others1.11.31.30.8-10.1%
Total13.619.426.015.23.8%

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

  1. South Korea (1842.3 tons)
  2. Germany (1676.8 tons)
  3. Singapore (788.1 tons)
  4. Japan (104.2 tons)
  5. Thailand (99.5 tons)

Source: IndexBox Market Intelligence Platform

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