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

Contents:

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

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $6,950 per ton in December 2023, with an increase of 119% against the previous month. Overall, the import price saw a measured expansion. The pace of growth was the most pronounced in June 2023 an increase of 223% against the previous month. Over the period under review, average import prices hit record highs at $13,810 per ton in March 2023; however, from April 2023 to December 2023, import prices stood at a somewhat lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.

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

In November 2023, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $1,322 per ton, flattening at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 38% m-o-m. Over the period under review, the average export prices attained the maximum at $11,869 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From December 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to +24.8% per month.

Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Mexico

For the third consecutive year, Mexico recorded decline in purchases abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which decreased by -30.7% to 944 tons in 2022. Overall, imports showed a sharp reduction.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses reduced dramatically to $3.5M in 2022. In general, imports showed a dramatic curtailment. The smallest decline of -7.7% was in 2021.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.01.72.32.23.2%
United States1.81.41.40.8-23.7%
Germany3.21.10.50.4-50.0%
United Kingdom0.30.1N/AN/A-66.7%
OthersN/A0.1N/AN/A0%
Total7.34.54.23.5-21.7%

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

  1. China (582.3 tons)
  2. United States (239.8 tons)
  3. Germany (121.6 tons)

Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Mexico

For the fourth year in a row, Mexico recorded growth in shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which increased by 232% to 141 tons in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 339%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses surged to $253K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 330%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/AN/A41.8130211.0%
GuatemalaN/AN/AN/A69.70%
United States5.021.636.353.6120.5%
OthersN/AN/AN/AN/A0%
Total5.021.678.1253269.9%

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

  1. Costa Rica (79.3 tons)
  2. Guatemala (39.8 tons)
  3. United States (22.3 tons)

Source: IndexBox Market Intelligence Platform

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