Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa - 2024

Contents:

1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa (CIF) - 2024
2. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa (FOB) - 2022
3. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa
4. Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in South Africa (CIF) - 2024

In December 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,178 per ton, jumping by 15% against the previous month. In general, the import price, however, recorded a mild contraction. Over the period under review, average import prices hit record highs at $2,848 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($2,304 per ton), while the price for China ($1,213 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), 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 South Africa (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,990 per ton, rising by 11% against the previous year. Over the period under review, the export price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $4,263 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($4,132 per ton), while the average price for exports to Namibia ($1,032 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 Cote d'Ivoire (+83.3%), 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 South Africa

In 2022, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses into South Africa expanded notably to 4.4K tons, surging by 6.9% compared with the year before. Over the period under review, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17%.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses soared to $13M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +85.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Germany (3252.2 tons)
2. South Korea (517.7 tons)
3. Turkey (514.5 tons)
4. China (102.1 tons)

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

In 2022, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from South Africa expanded slightly to 517 tons, rising by 4.7% compared with the year before. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 574 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $1.5M in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Botswana (122.6 tons)
2. Zimbabwe (76.5 tons)
3. Namibia (19.3 tons)
4. Mauritius (16.5 tons)
5. Angola (15.0 tons)
6. Zambia (10.0 tons)
7. Cote d'Ivoire (10.0 tons)
8. Mozambique (5.7 tons)
9. Malawi (0.1 tons)

Source: IndexBox Market Intelligence Platform