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

Contents:

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

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

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,927 per ton in 2022, picking up by 10% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($1,927 per ton) and China ($1,927 per ton), while the price for Malaysia ($1,927 per ton) and Italy ($1,927 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.4%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $1,859 per ton, rising by 10% against the previous year. In general, the export price posted a resilient expansion. The growth pace was the most rapid in 2014 an increase of 114% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($1,859 per ton) and Indonesia ($1,859 per ton), while the average price for exports to Malaysia ($1,859 per ton) and China ($1,859 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 Indonesia (+21.8%), 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 Vietnam

In 2022, after three years of growth, there was significant decline in overseas purchases of polyvinyl acetate; in aqueous dispersion, in primary formses, when their volume decreased by -16.2% to 2K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 47%.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses shrank to $3.9M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $4.2M, and then contracted in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia28371467272036.5%
China14129354061663.5%
Taiwan (Chinese)22623022057036.1%
South Korea888578802565-14.0%
SwedenN/A6101,174421-16.9%
Germany10.165.6278391238.3%
Italy5.1N/A7.5210245.3%
Malaysia12698.913339.3-32.2%
Others16432.037033927.4%
Total1,8432,6224,1973,87128.1%

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

  1. Indonesia (373.5 tons)
  2. China (319.6 tons)
  3. Taiwan (Chinese) (296.1 tons)
  4. South Korea (293.5 tons)
  5. Sweden (218.3 tons)
  6. Germany (203.1 tons)
  7. Italy (108.9 tons)
  8. Malaysia (20.4 tons)

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

After three years of growth, overseas shipments of polyvinyl acetate; in aqueous dispersion, in primary formses decreased by -16.3% to 436 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 265% against the previous year.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses fell to $811K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 274%.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/A68.0379321117.3%
Malaysia33.680.8183302107.9%
Philippines20.662.719397.467.8%
ChinaN/A37.812689.453.8%
Japan20.820.9N/AN/A0.5%
OthersN/A10.50.6N/A-94.3%
Total75.0281881811121.1%

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

  1. Indonesia (172.9 tons)
  2. Malaysia (162.5 tons)
  3. Philippines (52.4 tons)
  4. China (48.1 tons)

Source: IndexBox Market Intelligence Platform

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