Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia - 2022

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (CIF) - 2022
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (FOB) - 2022
  3. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia
  4. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (CIF) - 2022

In March 2022, the average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $3,912 per ton, increasing by 6.3% against the previous month. Overall, import price indicated a moderate expansion from March 2021 to March 2022: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses increased by +48.6% against October 2021 indices. The pace of growth was the most pronounced in December 2021 an increase of 28% against the previous month. Over the period under review, average import prices reached the peak figure in March 2022.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Singapore ($4,618 per ton) and Japan ($4,145 per ton), while the price for China ($3,718 per ton) and Taiwan (Chinese) ($4,012 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (FOB) - 2022

In 2022, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $1,788 per ton, with an increase of 94% against the previous year. Overall, the export price, however, saw a pronounced downturn. Over the period under review, the average export prices attained the peak figure at $2,531 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($5,249 per ton), while the average price for exports to Bangladesh ($1,305 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia

In 2022, approx. 18K tons of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses were imported into Indonesia; reducing by -17.7% compared with 2021. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 24%.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses surged to $70M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.412.619.940.930.5%
Japan15.614.921.214.7-2.0%
Taiwan (Chinese)7.44.48.99.79.4%
United States4.83.33.02.4-20.6%
Singapore3.92.12.52.2-17.4%
Others0.20.10.30.644.2%
Total50.337.455.870.411.9%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Indonesia in 2022:

  1. China (11.3K tons)
  2. Japan (3.1K tons)
  3. Taiwan (Chinese) (2.5K tons)
  4. Singapore (0.8K tons)
  5. United States (0.3K tons)

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia

In 2022, shipments abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses decreased by -50.5% to 44 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 123% against the previous year. As a result, the exports reached the peak of 182 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses fell to $79K in 2022. Over the period under review, total exports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -33.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 72%. As a result, the exports reached the peak of $118K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/A1.832.61711.1%
AustraliaN/AN/AN/A24.40%
South Korea56.129.172.517.5-32.2%
PhilippinesN/AN/AN/A3.80%
Thailand0.75.87.6N/A229.5%
Singapore9.529.6N/AN/A211.6%
Taiwan (Chinese)N/A51.7N/AN/A0%
Others2.01.40.10.5-37.0%
Total68.311882.078.84.9%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Indonesia in 2022:

  1. Bangladesh (25.0 tons)
  2. South Korea (13.2 tons)
  3. Australia (4.7 tons)
  4. Philippines (0.7 tons)

Source: IndexBox Market Intelligence Platform

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