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

Contents:

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

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

The average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,090 per ton in December 2023, with a decrease of -8.7% against the previous month. Overall, the export price showed a slight reduction. The pace of growth appeared the most rapid in November 2023 an increase of 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,557 per ton in June 2023; however, from July 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($3,045 per ton), while the average price for exports to Ukraine ($1,560 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-0.6%), 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 Turkey (CIF) - 2024

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,170 per ton in December 2023, rising by 9.4% against the previous month. In general, the import price, however, showed a mild decline. Over the period under review, average import prices reached the maximum at $2,622 per ton in February 2023; however, from March 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($2,458 per ton), while the price for China ($1,504 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 Russia (-0.7%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas shipments of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -5.7% to 15K tons in 2022. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 16K tons, and then fell in the following year.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses surged to $46M in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.21.73.39.6100.0%
Italy1.41.33.15.355.9%
Spain3.22.65.34.512.0%
France2.22.24.14.022.1%
Israel0.92.14.03.760.2%
South Africa2.61.02.11.6-14.9%
Romania0.80.72.01.317.6%
Poland0.91.51.61.313.0%
Brazil0.50.70.91.233.9%
Iraq0.30.30.71.154.2%
Iran0.40.40.51.140.1%
United Arab Emirates1.10.50.40.6-18.3%
Others7.17.111.410.513.9%
Total22.522.239.445.926.8%

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

  1. Russia (3.1K tons)
  2. Italy (1.7K tons)
  3. Spain (1.6K tons)
  4. France (1.3K tons)
  5. Israel (1.1K tons)
  6. Romania (0.5K tons)
  7. South Africa (0.5K tons)
  8. Brazil (0.4K tons)
  9. Iran (0.4K tons)
  10. Poland (0.4K tons)
  11. Iraq (0.3K tons)
  12. United Arab Emirates (0.2K tons)

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

In 2022, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses into Turkey totaled 16K tons, growing by 5% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Over the period under review, imports of attained the peak figure 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 skyrocketed to $44M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.018.125.632.235.3%
Singapore0.30.42.13.2120.1%
Italy0.91.21.12.234.7%
China0.20.21.31.9111.8%
France0.81.31.71.214.5%
Russia1.71.41.31.1-13.5%
Netherlands1.01.10.60.1-53.6%
Others1.01.10.72.332.0%
Total18.824.834.544.132.9%

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

  1. Germany (11.7K tons)
  2. Singapore (1.1K tons)
  3. Italy (0.7K tons)
  4. China (0.7K tons)
  5. France (0.4K tons)
  6. Russia (0.4K tons)

Source: IndexBox Market Intelligence Platform

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