China: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in China

In 2022, the Chinese polyvinyl chloride market increased by X% to $X, rising for the seventh consecutive year after two years of decline. In general, the total consumption indicated pronounced growth from 2012 to 2022: its value 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, consumption increased by X% against 2015 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Polyvinyl Chloride Production in China

In value terms, polyvinyl chloride production dropped to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production attained the peak level at $X in 2021, and then declined in the following year.

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Polyvinyl Chloride Exports

Exports from China

In 2022, overseas shipments of polyvinyl chloride increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, polyvinyl chloride exports expanded sharply to $X in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

India (X tons) was the main destination for polyvinyl chloride exports from China, accounting for a X% share of total exports. Moreover, polyvinyl chloride exports to India exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Russia (X% per year).

In value terms, India ($X) remains the key foreign market for polyvinyl chloride exports from China, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Russia (X% per year).

Export Prices by Country

The average polyvinyl chloride export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($X per ton) and Vietnam ($X per ton), while the average price for exports to Kazakhstan ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into China

In 2022, approx. X tons of polyvinyl chloride were imported into China; falling by X% on the previous year. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, polyvinyl chloride imports shrank remarkably to $X in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), the United States (X tons) and Japan (X tons) were the main suppliers of polyvinyl chloride imports to China, together accounting for X% of total imports. Germany, South Korea, Thailand, Indonesia and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and the United States ($X) appeared to be the largest polyvinyl chloride suppliers to China, together accounting for X% of total imports. Germany, South Korea, Thailand, Malaysia and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average polyvinyl chloride import price amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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