Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia - 2022

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (FOB) - 2022
  2. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (CIF) - 2022
  3. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia
  4. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (FOB) - 2022

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,743 per ton in March 2022, with an increase of 14% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in June 2021 an increase of 36% month-to-month. The export price peaked in March 2022.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($2,557 per ton), while the average price for exports to Sri Lanka ($1,437 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (CIF) - 2022

In 2022, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $2,601 per ton, jumping by 22% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 polyvinyl acetate; in aqueous dispersion, in primary formses increased by +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,399 per ton), while the price for India ($1,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia

For the third year in a row, Indonesia recorded decline in shipments abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which decreased by -29.9% to 1.9K tons in 2022. Overall, exports recorded a abrupt descent. The smallest decline of -14.1% was in 2021.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses fell modestly to $3.3M in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 0.1% against the previous year.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1,106777755678-15.1%
Vietnam30566058866929.9%
Thailand926693625665-10.4%
China496458698450-3.2%
Philippines17538.226.31902.8%
India249182172171-11.8%
Sri Lanka76.050.593.011213.8%
Singapore65523117730.4-64.1%
Others492317277313-14.0%
Total4,4813,4073,4113,277-9.9%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from Indonesia in 2022:

  1. Thailand (463.8 tons)
  2. Vietnam (341.8 tons)
  3. Bangladesh (338.9 tons)
  4. China (322.5 tons)
  5. India (107.2 tons)
  6. Philippines (80.0 tons)
  7. Sri Lanka (75.1 tons)
  8. Singapore (15.2 tons)

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia

In 2022, after three years of growth, there was significant decline in purchases abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, when their volume decreased by -62.2% to 420 tons. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 156% against the previous year. As a result, imports reached the peak of 1.1K tons, and then declined significantly in the following year.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses shrank dramatically to $1.1M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 232% against the previous year. As a result, imports attained the peak of $2.4M, and then reduced sharply in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China92.63581,56357884.1%
Germany14311321820112.0%
Netherlands98.310911915817.1%
VietnamN/A10.346.856.4134.0%
Singapore45.210.323.919.9-23.9%
India5.616.3N/A16.844.2%
Malaysia45.942.03141.2-70.3%
Others37.350.974.160.617.6%
Total4677092,3581,09332.8%

Top Suppliers of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms to Indonesia in 2022:

  1. China (234.0 tons)
  2. Germany (69.4 tons)
  3. Netherlands (53.6 tons)
  4. Vietnam (26.4 tons)
  5. India (12.0 tons)
  6. Singapore (8.6 tons)
  7. Malaysia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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