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

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Tanzania (CIF) - 2022
  2. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Tanzania

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

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,203 per ton in 2022, with an increase of 6.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2021 when the average import price increased by 45%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the United Arab Emirates ($1,431 per ton), while the price for Egypt ($669 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

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 -23.2% to 873 tons. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 1.1K tons, and then reduced sharply in the following year.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses dropped remarkably to $1.1M in 2022. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of $1.3M, and then dropped remarkably in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates33726155277832.2%
Egypt1.149.181.0136398.2%
South Africa48.348.073.311332.8%
India22513933322.3-53.7%
ChinaN/A34.561.2N/A77.4%
Pakistan103103152N/A21.5%
Others37.949.932.4N/A-7.5%
Total7516851,2851,05011.8%

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

  1. United Arab Emirates (544.0 tons)
  2. Egypt (203.9 tons)
  3. South Africa (101.8 tons)
  4. India (23.0 tons)

Source: IndexBox Market Intelligence Platform

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