Global Vinyl Chloride Market 2024

Vinyl Chloride Market Size

After two years of growth, the global vinyl chloride market decreased by X% to $X in 2022. Overall, consumption saw a pronounced shrinkage. Over the period under review, the global market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Vinyl Chloride Production

In value terms, vinyl chloride production totaled $X in 2022 estimated in export price. In general, production continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, global production growth remained at a somewhat lower figure.

Vinyl Chloride Exports

Exports

In 2022, approx. X tons of vinyl chloride (chloroethylene) were exported worldwide; dropping by X% against 2021 figures. In general, total exports indicated a measured 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 2020 indices. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The global exports peaked at X tons in 2021, and then fell in the following year.

In value terms, vinyl chloride exports fell to $X in 2022. Overall, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

The United States (X tons) and Japan (X tons) represented the largest exporters of vinyl chloride (chloroethylene) in 2022, amounting to approx. X% and X% of total exports, respectively. Belgium (X tons) ranks next in terms of the total exports with a X% share, followed by Taiwan (Chinese) (X%) and Norway (X%). The following exporters - South Korea (X tons), the Netherlands (X tons), France (X tons), China (X tons), Indonesia (X tons), Germany (X tons) and Thailand (X tons) - together made up X% of total exports.

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

In value terms, the largest vinyl chloride supplying countries worldwide were the United States ($X), Japan ($X) and Taiwan (Chinese) ($X), together accounting for X% of global exports. Belgium, Norway, the Netherlands, France, South Korea, China, Indonesia, Thailand and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Netherlands, 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vinyl chloride export price amounted to $X per ton, approximately reflecting the previous year. In general, export price indicated a mild 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, vinyl chloride export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Norway ($X per ton) was amongst the lowest.

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

Vinyl Chloride Imports

Imports

In 2022, purchases abroad of vinyl chloride (chloroethylene) decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, vinyl chloride imports shrank to $X in 2022. Overall, total imports indicated a measured expansion 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by India (X tons), Colombia (X tons), Vietnam (X tons), France (X tons) and Canada (X tons) were the largest importers of vinyl chloride (chloroethylene), together comprising X% of total imports. The Netherlands (X tons), Portugal (X tons), the UK (X tons), the Philippines (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride importing markets worldwide were China ($X), India ($X) and Colombia ($X), together comprising X% of global imports. Vietnam, France, Portugal, Canada, the Philippines, the Netherlands, the UK, Indonesia, Taiwan (Chinese) and South Korea lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vinyl chloride import price amounted to $X per ton, reducing by X% against the previous year. Overall, import price indicated a temperate 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, vinyl chloride import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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 Portugal ($X per ton), while France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform