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

Contents:

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

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Pakistan (CIF) - 2022

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $2,426 per ton in 2022, surging by 6.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2017 when the average import price increased by 12%. Over the period under review, average import prices reached the maximum at $2,442 per ton in 2019; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,828 per ton), while the price for China ($2,255 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $1,793 per ton, reducing by -3% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses decreased by -8.7% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 80% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,964 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($1,833 per ton), while the average price for exports to Bahrain stood at $1,675 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (-2.1%).

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

For the fourth consecutive year, Pakistan recorded growth in overseas purchases of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which increased by 78% to 493 tons in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses soared to $1.2M in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (440.9 tons)
2. United States (36.0 tons)
3. Germany (13.6 tons)

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

Exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses from Pakistan shrank to 5 tons in 2022, which is down by -5.9% on the previous year. In general, exports saw a noticeable shrinkage. The smallest decline of -3% was in 2020.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses fell to $9K in 2022. Overall, exports saw a abrupt decrease. The smallest decline of -4.4% was in 2021.

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

1. Ethiopia (3.7 tons)
2. Bahrain (1.3 tons)

Source: IndexBox Market Intelligence Platform