Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka - 2022

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka (CIF) - 2022
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka (FOB) - 2022
3. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka
4. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka (CIF) - 2022

In 2022, the average import price for vinyl chloride polymers; waste, parings and scraps amounted to $402 per ton, rising by 2.3% against the previous year. Overall, the import price showed a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 96%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($575 per ton), while the price for Pakistan ($131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka (FOB) - 2022

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $987 per ton, growing by 155% against the previous year. In general, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +11.6% per year.

Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka

Imports of vinyl chloride polymers; waste, parings and scraps into Sri Lanka surged to 1K tons in 2022, picking up by 31% compared with the year before. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 395%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps skyrocketed to $412K in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 300%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Sri Lanka in 2022:

1. China (431.9 tons)
2. Taiwan (Chinese) (207.5 tons)
3. Thailand (194.3 tons)
4. Pakistan (119.0 tons)
5. India (41.0 tons)
6. South Korea (17.6 tons)
7. Canada (14.2 tons)

Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Sri Lanka

In 2022, overseas shipments of vinyl chloride polymers; waste, parings and scraps were finally on the rise to reach 13 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps skyrocketed to $13K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Sri Lanka in 2022:

1. India (13.0 tons)

Source: IndexBox Market Intelligence Platform