Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey - 2023
Contents:
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (CIF) - 2022
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (FOB) - 2022
- Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey
- Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (CIF) - 2022
In 2022, the average import price for vinyl chloride polymers; waste, parings and scraps amounted to $455 per ton, increasing by 14% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl chloride polymers; waste, parings and scraps increased by +66.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 54%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($814 per ton), while the price for Cyprus ($209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (FOB) - 2022
The average export price for vinyl chloride polymers; waste, parings and scraps stood at $665 per ton in 2022, growing by 1.9% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 74%. As a result, the export price attained the peak level of $1,299 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
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 Bulgaria ($1,640 per ton), while the average price for exports to Syrian Arab Republic ($300 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 Russia (+782.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey
In 2022, the amount of vinyl chloride polymers; waste, parings and scraps imported into Turkey declined notably to 2.7K tons, with a decrease of -44.7% on 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 105%. As a result, imports reached the peak of 4.8K tons, and then contracted dramatically in the following year.
In value terms, imports of vinyl chloride polymers; waste, parings and scraps dropped sharply to $1.2M in 2022. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 182% against the previous year. As a result, imports reached the peak of $1.9M, and then contracted rapidly in the following year.
| Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.3 | 24.4 | 506 | 463 | 156.9% |
| Romania | 106 | 22.2 | 401 | 229 | 29.3% |
| United Arab Emirates | 106 | 36.9 | 98.7 | 90.7 | -5.1% |
| Bulgaria | 6.5 | N/A | 14.4 | 82.0 | 132.8% |
| Germany | 42.0 | 53.0 | 75.1 | 55.6 | 9.8% |
| Algeria | 1.7 | 16.7 | 99.6 | 52.0 | 212.7% |
| Tunisia | N/A | N/A | 16.3 | 42.8 | 162.6% |
| Italy | 14.4 | N/A | 62.9 | 40.3 | 40.9% |
| Poland | N/A | 32.2 | 34.2 | 34.9 | 4.1% |
| Belgium | 8.6 | 43.0 | 93.3 | 25.1 | 42.9% |
| Greece | 58.8 | 45.9 | 18.8 | 23.9 | -25.9% |
| Cyprus | 5.6 | N/A | 5.9 | 21.8 | 57.3% |
| Iraq | 132 | 38.1 | 2.8 | N/A | -85.4% |
| Others | 228 | 371 | 496 | 52.5 | -38.7% |
| Total | 737 | 684 | 1,925 | 1,214 | 18.1% |
Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Turkey in 2022:
- United States (965.9 tons)
- Romania (512.0 tons)
- Algeria (187.6 tons)
- Bulgaria (150.3 tons)
- Germany (148.8 tons)
- United Arab Emirates (111.4 tons)
- Poland (108.8 tons)
- Cyprus (104.3 tons)
- Italy (81.7 tons)
- Greece (79.7 tons)
- Tunisia (74.0 tons)
- Belgium (65.4 tons)
Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey
In 2022, shipments abroad of vinyl chloride polymers; waste, parings and scraps decreased by -58.7% to 44 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 18%. As a result, the exports attained the peak of 337 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vinyl chloride polymers; waste, parings and scraps shrank dramatically to $29K in 2022. Over the period under review, exports showed a precipitous setback. The smallest decline of -2.3% was in 2020.
| Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 1.7 | N/A | 4.1 | 11.5 | 89.1% |
| Turkmenistan | N/A | N/A | 13.2 | 10.4 | -21.2% |
| Syrian Arab Republic | N/A | N/A | 18.5 | 7.6 | -58.9% |
| Belgium | 66.1 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 17.1 | N/A | 0% |
| Italy | 12.6 | N/A | N/A | N/A | 0% |
| Romania | 70.9 | 148 | 17.1 | N/A | -50.9% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 151 | 148 | 70.1 | 29.5 | -42.0% |
Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Turkey in 2022:
- Syrian Arab Republic (25.3 tons)
- Turkmenistan (12.0 tons)
- Bulgaria (7.0 tons)
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