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

Contents:

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

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

In September 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,175 per ton, almost unchanged from the previous month. In general, the export price, however, showed a perceptible decrease. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 2% m-o-m. As a result, the export price attained the peak level of $3,605 per ton. From August 2022 to September 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In September 2022, the countries with the highest prices were Turkey ($3,497 per ton) and Malaysia ($3,427 per ton), while the average price for exports to Argentina ($2,877 per ton) and Germany ($2,930 per ton) were amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+1.2%), 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 Singapore (CIF) - 2023

In September 2022, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,052 per ton, reducing by -28.8% against the previous month. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in July 2022 an increase of 15% against the previous month. As a result, import price reached the peak level of $4,384 per ton. From August 2022 to September 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($5,500 per ton), while the price for Malaysia ($400 per ton) was amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from Singapore declined slightly to 34K tons, approximately reflecting 2021. Overall, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 25%.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses soared to $81M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India24.723.519.640.017.4%
Germany4.16.519.417.963.4%
Malaysia3.62.03.33.4-1.9%
IsraelN/AN/A3.13.0-3.2%
Turkey0.30.52.02.6105.4%
Argentina0.10.51.12.2180.2%
GreeceN/A0.22.52.0216.2%
Brazil0.30.91.91.571.0%
Indonesia1.41.21.21.1-7.7%
Philippines1.11.32.00.8-10.1%
Others3.58.08.56.422.3%
Total39.044.764.780.927.5%

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

  1. India (15.5K tons)
  2. Germany (8.7K tons)
  3. Malaysia (1.4K tons)
  4. Israel (1.1K tons)
  5. Argentina (1.1K tons)
  6. Turkey (1.0K tons)
  7. Greece (0.8K tons)
  8. Brazil (0.6K tons)
  9. Indonesia (0.4K tons)
  10. Philippines (0.3K tons)

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

For the third consecutive year, Singapore recorded decline in supplies from abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, which decreased by -16.3% to 601 tons in 2022. In general, imports continue to indicate a dramatic descent.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses rose markedly to $1.6M in 2022. Over the period under review, imports faced a abrupt decline.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China880342480772-4.3%
South Korea25398.71712894.5%
Netherlands8.964.5282154158.6%
Germany492554282144-33.6%
Malaysia80.40.471.983.81.4%
Taiwan (Chinese)12211847.141.8-30.0%
IndonesiaN/AN/A0.133.933800.0%
India26364.5N/AN/A-75.5%
Italy461226102N/A-53.0%
Others32014024.966.4-40.8%
Total2,8811,6081,4601,585-18.1%

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

  1. China (340.2 tons)
  2. South Korea (110.8 tons)
  3. Netherlands (45.0 tons)
  4. Germany (43.0 tons)
  5. Malaysia (30.9 tons)
  6. Indonesia (10.7 tons)
  7. Taiwan (Chinese) (10.2 tons)

Source: IndexBox Market Intelligence Platform

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