Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand - 2024

Contents:

1. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand (FOB) - 2022
2. Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand (CIF) - 2024
3. Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand
4. Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand

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

In 2022, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $1,101 per ton, increasing by 18% against the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 141% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,120 per ton), while the average price for exports to Sri Lanka ($243 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 China (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Thailand (CIF) - 2024

In November 2023, the average import price for vinyl chloride polymers; waste, parings and scraps amounted to $317 per ton, standing approximately at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 3.1% against the previous month. Over the period under review, average import prices reached the maximum in November 2023.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were Japan ($317 per ton) and Canada ($317 per ton), while the price for Australia ($314 per ton) and the United States ($316 per ton) were amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Canada (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of vinyl chloride polymers; waste, parings and scraps from Thailand rose rapidly to 13K tons in 2022, growing by 7.9% compared with the previous year. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 433% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of vinyl chloride polymers; waste, parings and scraps surged to $14M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,186%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

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

1. Taiwan (Chinese) (12.1K tons)
2. United States (0.2K tons)
3. Sri Lanka (0.2K tons)

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

For the fourth year in a row, Thailand recorded growth in supplies from abroad of vinyl chloride polymers; waste, parings and scraps, which increased by 10% to 31K tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 307%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of vinyl chloride polymers; waste, parings and scraps reached $9.2M in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 334% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Japan (10.9K tons)
2. Taiwan (Chinese) (7.0K tons)
3. United States (3.2K tons)
4. Hong Kong SAR (2.3K tons)
5. Canada (1.2K tons)
6. Germany (1.1K tons)
7. China (1.0K tons)
8. Mexico (0.9K tons)
9. Malaysia (0.9K tons)
10. South Korea (0.9K tons)
11. Poland (0.6K tons)

Source: IndexBox Market Intelligence Platform