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

Contents:

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

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

In October 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,283 per ton, with a decrease of -3.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 4.3% month-to-month. As a result, import price reached the peak level of $2,728 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to -0.6% per month.

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

The average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,899 per ton in 2022, with a decrease of -13.6% against the previous year. In general, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 an increase of 72%. As a result, the export price reached the peak level of $3,355 per ton, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($3,787 per ton), while the average price for exports to Bulgaria ($2,352 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 Serbia (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 13K tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were imported into Romania; stabilizing at the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. 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 rose significantly to $34M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +81.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Germany (8.8K tons)
2. France (2.1K tons)
3. Turkey (0.8K tons)
4. Italy (0.3K tons)
5. China (0.2K tons)
6. Netherlands (0.1K tons)

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

For the fourth year in a row, Romania recorded growth in overseas shipments of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, which increased by 45% to 214 tons in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses soared to $619K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 144% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Bulgaria (93.7 tons)
2. Italy (53.1 tons)
3. Moldova (39.0 tons)
4. Georgia (19.5 tons)
5. Serbia (5.6 tons)
6. Greece (2.5 tons)

Source: IndexBox Market Intelligence Platform