Eastern Asia: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in Eastern Asia

The East Asian ethylene-vinyl acetate copolymers market rose significantly to $X in 2022, growing by X% against the previous year. The total consumption indicated tangible 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 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Ethylene-Vinyl Acetate Copolymers Production in Eastern Asia

In value terms, ethylene-vinyl acetate copolymers production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Ethylene-Vinyl Acetate Copolymers Exports

Exports in Eastern Asia

For the fourth consecutive year, Eastern Asia recorded growth in overseas shipments of ethylene-vinyl acetate copolymers in primary forms, which increased by X% to X tons in 2022. Total exports indicated resilient growth 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 2013 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, ethylene-vinyl acetate copolymers exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

South Korea was the major exporting country with an export of around X tons, which recorded X% of total exports. Taiwan (Chinese) (X tons) held the second position in the ranking, distantly followed by China (X tons) and Japan (X tons). All these countries together held near X% share of total exports.

South Korea was also the fastest-growing in terms of the ethylene-vinyl acetate copolymers in primary forms exports, with a CAGR of X% from 2012 to 2022. At the same time, China (X%), Taiwan (Chinese) (X%) and Japan (X%) displayed positive paces of growth. South Korea (X p.p.) significantly strengthened its position in terms of the total exports, while Japan and Taiwan (Chinese) saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Korea ($X) remains the largest ethylene-vinyl acetate copolymers supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by China, with a X% share.

In South Korea, ethylene-vinyl acetate copolymers exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, growing by X% against the previous year. Export price indicated a tangible expansion 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, ethylene-vinyl acetate copolymers export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady 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 ($X per ton) and Taiwan (Chinese) ($X per ton), while Japan ($X per ton) and South Korea ($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.

Ethylene-Vinyl Acetate Copolymers Imports

Imports in Eastern Asia

In 2022, the amount of ethylene-vinyl acetate copolymers in primary forms imported in Eastern Asia rose remarkably to X tons, increasing by X% on the previous year. Total imports indicated a resilient 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 2013 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, ethylene-vinyl acetate copolymers imports surged to $X in 2022. Overall, imports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of ethylene-vinyl acetate copolymers imports in 2022 were China (X tons), together finishing at X% of total import.

China was also the fastest-growing in terms of the ethylene-vinyl acetate copolymers in primary forms imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported ethylene-vinyl acetate copolymers in primary forms in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China totaled X%.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Import price indicated notable 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, ethylene-vinyl acetate copolymers import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform