ASEAN: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in ASEAN

The ASEAN market for pure polyvinyl chloride in primary forms shrank to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Pure Polyvinyl Chloride in Primary Forms in ASEAN

In value terms, production of pure polyvinyl chloride in primary forms fell to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in ASEAN

In 2022, overseas shipments of pure polyvinyl chloride in primary forms increased by X% to X tons, rising for the third consecutive year after two years of decline. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pure polyvinyl chloride in primary forms dropped to $X in 2022. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

Thailand (X tons) and Indonesia (X tons) prevails in forms structure, together committing X% of total exports. It was distantly followed by Malaysia (X tons), comprising a X% share of total exports. Vietnam (X tons) and the Philippines (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest pure polyvinyl chloride in primary forms supplying countries in ASEAN were Thailand ($X), Indonesia ($X) and Malaysia ($X), with a combined X% share of total exports. Vietnam and the Philippines lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped remarkably in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Vietnam ($X per ton) and Malaysia ($X per ton), while Indonesia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in ASEAN

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were imported in ASEAN; increasing by X% against the previous year's figure. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of pure polyvinyl chloride in primary forms amounted to $X in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Vietnam was the largest importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Malaysia (X tons), Cambodia (X tons), Thailand (X tons) and Indonesia (X tons), together achieving a X% share of total imports. The following importers - Myanmar (X tons) and Singapore (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pure polyvinyl chloride in primary forms imports into Vietnam stood at X%. At the same time, Cambodia (X%), Myanmar (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Thailand (X%) and Singapore (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Singapore, Indonesia and Thailand saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported pure polyvinyl chloride in primary forms in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Cambodia, with an X% share.

In Vietnam, imports of pure polyvinyl chloride in primary forms increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Cambodia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, approximately reflecting the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% 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 pure polyvinyl chloride in primary forms increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform