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

Contents:

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

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

In 2022, the average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $5,284 per ton, surging by 47% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. Over the period under review, average import prices attained the maximum at $14,939 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($13,055 per ton), while the price for China ($4,484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.5%), 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 South Korea (FOB) - 2022

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,401 per ton in 2022, rising by 22% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2014 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $2,289 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($3,811 per ton), while the average price for exports to Indonesia ($1,244 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 Thailand (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, South Korea recorded decline in purchases abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which decreased by -46.1% to 410 tons in 2022. Overall, imports continue to indicate a significant contraction. The smallest decline of -2.8% was in 2021.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses dropped notably to $2.2M in 2022. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.

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

1. China (335.3 tons)
2. Germany (34.1 tons)
3. Japan (29.2 tons)
4. India (10.0 tons)

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

In 2022, shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses decreased by -18.4% to 435 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 216% against the previous year. As a result, the exports attained the peak of 752 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses shrank to $610K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 181%. As a result, the exports attained the peak of $889K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Vietnam (216.0 tons)
2. Indonesia (82.0 tons)
3. China (77.0 tons)
4. Hong Kong SAR (36.0 tons)
5. India (12.0 tons)
6. Thailand (9.3 tons)

Source: IndexBox Market Intelligence Platform