Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait - 2022

Contents:

  1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (CIF) - 2022
  2. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (CIF) - 2022

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,993 per ton in 2022, rising by 8.5% against the previous year. Over the period under review, import price indicated strong growth from 2013 to 2022: its price increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses increased by +101.6% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 40%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($2,993 per ton) and Taiwan (Chinese) ($2,993 per ton), while the price for South Korea ($2,993 per ton) and Turkey ($2,993 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, when their volume decreased by -27.2% to 758 tons. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports reached the peak of 1K tons, and then shrank significantly in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted rapidly to $2.3M in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 134%. As a result, imports reached the peak of $2.9M, and then fell significantly in the following year.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A6371,17584.5%
Germany31627937277034.6%
Turkey12.88.466.0193147.0%
Taiwan (Chinese)6.34.232.097.1148.9%
India6.35.19.734.275.7%
Italy46.249.195.7N/A43.9%
Saudi Arabia7517621,420N/A37.5%
Others125122241N/A38.9%
Total1,2641,2302,8732,26821.5%

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

  1. South Korea (392.5 tons)
  2. Germany (257.2 tons)
  3. Turkey (64.3 tons)
  4. Taiwan (Chinese) (32.5 tons)
  5. India (11.4 tons)

Source: IndexBox Market Intelligence Platform

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