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

Contents:

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

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

In November 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,363 per ton, growing by 9.3% against the previous month. In general, the import price, however, saw a pronounced slump. The growth pace was the most rapid in April 2023 when the average import price increased by 26% month-to-month. The import price peaked at $3,397 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($3,210 per ton), while the price for South Korea ($1,844 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 Italy (+0.8%), 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 Japan (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $7,987 per ton, shrinking by -3.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 30%. Over the period under review, the average export prices hit record highs at $10,871 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($17,113 per ton), while the average price for exports to Indonesia ($4,208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+16.9%), 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 Japan

In 2022, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses into Japan amounted to 2.6K tons, increasing by 6.9% compared with 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $8M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,3462,8323,0812,853-5.2%
South KoreaN/A80.36551,432322.3%
Taiwan (Chinese)5778098781,36033.1%
Italy59049835483112.1%
China851666959719-5.5%
Switzerland45849341264312.0%
Netherlands14336330219310.5%
United States734619359N/A-30.1%
Others2.5N/A8.6N/A85.5%
Total6,7026,3597,0108,0316.2%

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

  1. Germany (850.9 tons)
  2. Taiwan (Chinese) (568.6 tons)
  3. South Korea (519.2 tons)
  4. China (245.4 tons)
  5. Italy (226.4 tons)
  6. Switzerland (169.8 tons)
  7. Netherlands (58.0 tons)

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

In 2022, the amount of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses exported from Japan reduced to 186 tons, which is down by -4% against the previous year's figure. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 194 tons, and then contracted modestly in the following year.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted to $1.5M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 6.6% against the previous year.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam20640040850234.6%
China774794780314-26.0%
Mexico28684.0164251-4.3%
South Korea16718018025014.4%
Chile30.7N/AN/A11053.0%
IndonesiaN/A19.946.838.438.9%
Malaysia52.0N/AN/A4.0-57.5%
Singapore102N/AN/AN/A0%
Others11625.924.816.1-48.2%
Total1,7321,5041,6031,485-5.0%

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

  1. China (62.0 tons)
  2. Vietnam (51.9 tons)
  3. South Korea (26.0 tons)
  4. Mexico (19.2 tons)
  5. Chile (13.6 tons)
  6. Indonesia (9.1 tons)
  7. Malaysia (2.3 tons)

Source: IndexBox Market Intelligence Platform

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