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

Contents:

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

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

In 2022, the average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $3,381 per ton, picking up by 22% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($3,381 per ton) and Taiwan (Chinese) ($3,381 per ton), while the price for China ($3,381 per ton) and Germany ($3,381 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.6%), 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 Vietnam (FOB) - 2022

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,342 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 47% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($3,342 per ton), while the average price for exports to Thailand totaled $3,342 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+40.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, when their volume decreased by -52.5% to 2K tons. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 153%. As a result, imports attained the peak of 4.2K tons, and then contracted rapidly in the following year.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses shrank remarkably to $6.7M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 201% against the previous year. As a result, imports reached the peak of $12M, and then shrank remarkably in the following year.

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

1. China (1563.2 tons)
2. Japan (210.3 tons)
3. Taiwan (Chinese) (132.6 tons)
4. Germany (65.1 tons)
5. United States (2.4 tons)

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

For the third year in a row, Vietnam recorded decline in shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which decreased by -96.8% to 1.4 tons in 2022. In general, exports showed a significant contraction. The smallest decline of -13.4% was in 2020.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses declined sharply to $4.6K in 2022. Overall, exports recorded a precipitous setback. The smallest decline of -12.9% was in 2020.

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

1. Thailand (964.0 kg)
2. Spain (404.0 kg)

Source: IndexBox Market Intelligence Platform