Asia-Pacific: Market for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms 2024

Market Size for Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in Asia-Pacific

The Asia-Pacific market for polymers of vinyl acetate in aqueous dispersion in primary forms reduced to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms in Asia-Pacific

In value terms, production of polymers of vinyl acetate in aqueous dispersion in primary forms contracted slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Exports in Asia-Pacific

Exports of polymers of vinyl acetate in aqueous dispersion in primary forms declined significantly to X tons in 2022, waning by X% against the previous year's figure. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, exports of polymers of vinyl acetate in aqueous dispersion in primary forms declined to $X in 2022. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell modestly in the following year.

Exports by Country

In 2022, Singapore (X tons), South Korea (X tons), Malaysia (X tons) and Taiwan (Chinese) (X tons) was the main exporter of polymers of vinyl acetate in aqueous dispersion in primary forms in Asia-Pacific, committing X% of total export. It was distantly followed by China (X tons), creating a X% share of total exports. India (X tons) followed a long way behind the leaders.

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

In value terms, the largest vinyl acetate polymers in aqueous dispersion in primary forms supplying countries in Asia-Pacific were Singapore ($X), South Korea ($X) and Malaysia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of X%, recorded the highest growth rate of 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 Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Export price indicated pronounced growth 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, export price for polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in China ($X per ton) and India ($X per ton), while Taiwan (Chinese) ($X per ton) and Singapore ($X per ton) were amongst the lowest.

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

Imports of Polymers of Vinyl Acetate in Aqueous Dispersion in Primary Forms

Imports in Asia-Pacific

In 2022, approx. X tons of polymers of vinyl acetate in aqueous dispersion in primary forms were imported in Asia-Pacific; which is down by X% against 2021. In general, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then declined remarkably in the following year.

In value terms, imports of polymers of vinyl acetate in aqueous dispersion in primary forms rose to $X in 2022. Overall, imports, however, continue to indicate a resilient 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 peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X tons) and China (X tons) represented the largest importers of polymers of vinyl acetate in aqueous dispersion in primary forms in Asia-Pacific, together resulting at near X% of total imports. Indonesia (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and South Korea (X%). Malaysia (X tons), Bangladesh (X tons), Pakistan (X tons), Thailand (X tons), Japan (X tons), the Philippines (X tons) and Myanmar (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl acetate polymers in aqueous dispersion in primary forms importing markets in Asia-Pacific were India ($X), China ($X) and Indonesia ($X), with a combined X% share of total imports. Vietnam, South Korea, Malaysia, Pakistan, Thailand, Bangladesh, Japan, the Philippines and Myanmar lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a notable 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 polymers of vinyl acetate in aqueous dispersion in primary forms increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Bangladesh ($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