Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR - 2023
Contents:
- Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (FOB) - 2023
- Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (CIF) - 2022
- Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR
- Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR
Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $2,748 per ton, shrinking by -19.3% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 178% m-o-m. As a result, the export price reached the peak level of $8,121 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was China ($3,296 per ton), while the average price for exports to Taiwan (Chinese) stood at $2,698 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.0%).
Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (CIF) - 2022
The average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $1,931 per ton in 2022, falling by -10.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72% against the previous year. The import price peaked at $5,924 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 ($5,926 per ton), while the price for the United States ($602 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses, which decreased by -37.8% to 489 tons in 2022. Over the period under review, exports continue to indicate a significant decline. The smallest decline of -3.8% was in 2020.
In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses reduced sharply to $1.4M in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 28% against the previous year.
| Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 320 | 1,165 | 1,532 | 1,099 | 50.9% |
| China | 1,442 | 1,206 | 922 | 316 | -39.7% |
| Malaysia | 96.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 3.0 | 0.3 | 2.3 | -12.4% |
| Total | 1,858 | 2,373 | 2,454 | 1,417 | -8.6% |
Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Hong Kong SAR in 2022:
- Taiwan (Chinese) (408.5 tons)
- China (80.3 tons)
Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR
In 2022, supplies from abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses decreased by -61.1% to 343 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 122%.
In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses reduced rapidly to $663K in 2022. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of $1.9M, and then contracted notably in the following year.
| Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 992 | 966 | 1,331 | 439 | -23.8% |
| United States | 38.0 | 28.9 | 396 | 125 | 48.7% |
| China | 190 | 119 | 72.7 | 49.2 | -36.3% |
| Netherlands | 4.0 | N/A | N/A | 21.1 | 74.1% |
| Germany | N/A | 36.0 | 42.1 | 10.4 | -46.3% |
| Spain | N/A | N/A | N/A | 10.4 | 0% |
| Taiwan (Chinese) | N/A | 69.0 | 52.8 | 2.2 | -82.1% |
| Guatemala | N/A | 50.1 | N/A | N/A | 0% |
| Canada | N/A | 75.2 | N/A | N/A | 0% |
| Others | 12.6 | N/A | 1.5 | 4.7 | -28.0% |
| Total | 1,236 | 1,344 | 1,896 | 663 | -18.7% |
Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Hong Kong SAR in 2022:
- United States (208.5 tons)
- Japan (74.1 tons)
- Netherlands (26.7 tons)
- China (12.0 tons)
- Germany (8.5 tons)
- Spain (7.6 tons)
- Taiwan (Chinese) (1.5 tons)
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This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in Hong Kong SAR, China.
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