Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey - 2023

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (CIF) - 2023
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (FOB) - 2023
  3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey
  4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (CIF) - 2023

In December 2023, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $989 per ton, approximately reflecting the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 5.8% month-to-month. The import price peaked at $1,122 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,549 per ton), while the price for Poland ($250 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (FOB) - 2023

In December 2023, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,046 per ton, shrinking by -3% against the previous month. In general, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices reached the maximum at $1,298 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Russia ($13,008 per ton), while the average price for exports to Georgia ($703 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey

After three years of growth, overseas purchases of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -9.1% to 876K tons in 2022. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of 963K tons, and then dropped in the following year.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses shrank modestly to $1.5B in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $1.5B, and then declined modestly in the following year.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.611.470.6207255.7%
United States53.963.395.416946.4%
Russia16.027.412412598.4%
South Korea34.425.478.712453.3%
France148125200123-6.0%
Egypt33.759.984.896.442.0%
Germany79.193.887.995.96.6%
Mexico57.257.110891.517.0%
Spain42.557.081.574.320.5%
Sweden30.724.155.344.112.8%
Belgium23.126.751.842.022.1%
Norway17.220.946.941.634.2%
Ukraine16.530.296.031.624.2%
Others13117035221017.0%
Total6887921,5341,47629.0%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Turkey in 2022:

  1. China (120.9K tons)
  2. United States (109.9K tons)
  3. Egypt (80.9K tons)
  4. France (74.0K tons)
  5. Russia (71.2K tons)
  6. South Korea (67.1K tons)
  7. Mexico (53.1K tons)
  8. Germany (47.0K tons)
  9. Spain (46.3K tons)
  10. Norway (30.4K tons)
  11. Sweden (26.3K tons)
  12. Belgium (25.8K tons)
  13. Ukraine (18.0K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey

In 2022, the amount of polymers of vinyl chloride or of other halogenated olefins, in primary formses exported from Turkey skyrocketed to 93K tons, jumping by 145% against the year before. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses skyrocketed to $146M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria2.11.610.216.598.8%
Russia1.31.61.612.9114.9%
Morocco2.01.73.811.478.6%
Iraq1.95.60.310.878.5%
Libya0.31.13.610.5227.1%
Italy0.30.33.010.0221.8%
Ukraine0.60.40.89.4150.2%
Romania0.40.22.89.0182.3%
Algeria9.13.26.35.2-17.0%
Egypt0.20.60.84.1173.7%
Israel1.11.11.83.952.5%
PortugalN/AN/AN/A3.60%
Slovenia0.10.10.12.9207.2%
Others15.714.328.635.531.3%
Total35.131.863.914660.8%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Turkey in 2022:

  1. Bulgaria (11.3K tons)
  2. Iraq (8.4K tons)
  3. Italy (6.9K tons)
  4. Ukraine (6.7K tons)
  5. Libya (6.7K tons)
  6. Romania (6.5K tons)
  7. Morocco (6.5K tons)
  8. Russia (5.3K tons)
  9. Algeria (3.1K tons)
  10. Portugal (2.6K tons)
  11. Israel (2.6K tons)
  12. Egypt (2.1K tons)
  13. Slovenia (2.0K tons)

Source: IndexBox Market Intelligence Platform

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