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

Contents:

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

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

In November 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,557 per ton, standing approximately at the previous month. Overall, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 6.3% month-to-month. The import price peaked at $3,144 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($2,369 per ton), while the price for Taiwan (Chinese) ($1,766 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 Germany (-0.6%), 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 Italy (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,379 per ton, jumping by 34% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 increased by +72.6% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Hungary ($4,030 per ton) and Australia ($4,006 per ton), while the average price for exports to Turkey ($3,012 per ton) and Spain ($3,058 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.8%), 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 Italy

In 2022, the amount of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses imported into Italy expanded sharply to 48K tons, with an increase of 11% against 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +44.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses surged to $143M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany43.845.362.979.622.0%
France7.87.915.923.945.2%
Switzerland18.116.518.913.1-10.2%
Netherlands7.86.311.312.918.3%
Turkey1.51.23.65.957.9%
AustriaN/AN/A0.92.3155.6%
Others0.80.42.75.387.8%
Total79.877.511614321.5%

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

  1. Germany (26.5K tons)
  2. France (8.0K tons)
  3. Switzerland (4.5K tons)
  4. Netherlands (4.1K tons)
  5. Turkey (1.8K tons)
  6. Austria (0.8K tons)

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

In 2022, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from Italy fell dramatically to 13K tons, dropping by -16.1% against 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 15K tons, and then dropped rapidly in the following year.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses expanded markedly to $43M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.67.111.010.724.1%
Spain4.34.89.86.816.5%
Poland1.72.42.63.324.7%
Germany1.21.00.43.035.7%
Norway0.30.20.22.7108.0%
Turkey0.90.91.12.132.6%
Greece1.51.11.91.62.2%
Australia0.1N/A0.11.4141.0%
RomaniaN/A0.20.41.0123.6%
United States0.10.10.31.0115.4%
HungaryN/A0.10.11.0216.2%
Japan0.60.50.40.914.5%
Bulgaria0.60.30.60.810.1%
Others8.87.29.66.8-8.2%
Total25.725.838.343.118.8%

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

  1. France (3263.3 tons)
  2. Spain (2237.5 tons)
  3. Poland (923.1 tons)
  4. Germany (790.0 tons)
  5. Norway (711.0 tons)
  6. Turkey (690.1 tons)
  7. Greece (472.4 tons)
  8. Australia (361.3 tons)
  9. Romania (305.2 tons)
  10. Bulgaria (256.6 tons)
  11. Hungary (256.4 tons)
  12. United States (251.3 tons)
  13. Japan (248.3 tons)

Source: IndexBox Market Intelligence Platform

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