Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Singapore - 2023

Contents:

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

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

In 2022, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $9,449 per ton, increasing by 25% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 124% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,932 per ton), while the price for Malaysia ($1,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $2,780 per ton in 2022, picking up by 42% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyvinyl acetate; in aqueous dispersion, in primary formses increased by +103.7% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bangladesh ($2,814 per ton) and Indonesia ($2,599 per ton), while the average price for exports to Vietnam ($2,050 per ton) and Thailand ($2,201 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 (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Singapore recorded decline in purchases abroad of polyvinyl acetate; in aqueous dispersion, in primary formses, which decreased by -39.4% to 229 tons in 2022. In general, imports continue to indicate a sharp descent.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses shrank dramatically to $2.2M in 2022. Overall, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15%.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,2921,6512,4211,340-16.4%
NetherlandsN/AN/AN/A6000%
Taiwan (Chinese)59.257.878.275.88.6%
Malaysia87411894.562.9-58.4%
Indonesia61927317040.3-59.8%
China4.60.17.227.481.3%
United States4628.3N/A3.2-80.9%
Sweden626338N/AN/A-46.0%
Others84.632.888.716.6-41.9%
Total5,0212,4802,8602,166-24.4%

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

  1. Germany (61.1 tons)
  2. Taiwan (Chinese) (51.8 tons)
  3. Malaysia (45.8 tons)
  4. Netherlands (38.8 tons)
  5. Indonesia (18.5 tons)
  6. China (8.4 tons)
  7. United States (1.3 tons)

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

In 2022, after two years of decline, there was growth in overseas shipments of polyvinyl acetate; in aqueous dispersion, in primary formses, when their volume increased by 1.2% to 114 tons. In general, exports, however, continue to indicate a significant curtailment.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses soared to $318K in 2022. Overall, exports, however, saw a dramatic curtailment.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1681451241720.8%
Indonesia35.894.332.510844.5%
Vietnam65144646.118.3-69.6%
Sri Lanka44.97.8N/AN/A-82.6%
Malaysia45.40.7N/AN/A-98.5%
Others79.836.919.019.7-37.3%
Total1,025731221318-32.3%

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

  1. Bangladesh (61.3 tons)
  2. Indonesia (41.4 tons)
  3. Vietnam (8.9 tons)

Source: IndexBox Market Intelligence Platform

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