Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt - 2023

Contents:

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

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,892 per ton, increasing by 11% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +99.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Ghana ($1,892 per ton) and Uganda ($1,892 per ton), while the average price for exports to Kenya ($1,892 per ton) and Syrian Arab Republic ($1,892 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 Turkey (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt (CIF) - 2022

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,944 per ton, growing by 19% against the previous year. Overall, the import price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,944 per ton) and China ($1,944 per ton), while the price for Saudi Arabia ($1,944 per ton) and South Korea ($1,944 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt

In 2022, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -18.6% to 6.6K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 2.3%. As a result, the exports reached the peak of 8.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell to $12M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. As a result, the exports attained the peak of $14M, and then shrank in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,1181,3679742,07622.9%
Ethiopia1,7404853,0751,689-1.0%
Kenya7221,3181,7041,57929.8%
Ghana9161,4007991,43116.0%
Syrian Arab RepublicN/AN/AN/A1,4080%
Libya2651,26533070438.5%
Lebanon35186.975164822.7%
Yemen686592838554-6.9%
Sudan1,6342,0631,109355-39.9%
Algeria79.443.598.327952.0%
Uganda17945439125913.1%
Spain21.0N/A293220118.8%
Morocco12822122221118.1%
Others7941,1433,1151,0028.1%
Total8,63310,43813,70012,41412.9%

Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from Egypt in 2022:

  1. Turkey (1096.8 tons)
  2. Ethiopia (892.3 tons)
  3. Kenya (834.4 tons)
  4. Ghana (755.9 tons)
  5. Syrian Arab Republic (744.0 tons)
  6. Libya (372.2 tons)
  7. Lebanon (342.5 tons)
  8. Yemen (292.8 tons)
  9. Sudan (187.8 tons)
  10. Algeria (147.2 tons)
  11. Uganda (136.8 tons)
  12. Spain (116.1 tons)
  13. Morocco (111.7 tons)

Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt

In 2022, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Egypt contracted markedly to 2.2K tons, with a decrease of -34.2% compared with the previous year. Over the period under review, imports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses shrank markedly to $4.3M in 2022. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $5.5M, and then contracted remarkably in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4,2482,7104,0072,020-21.9%
South Korea34414570395440.5%
Germany96.689.511850974.0%
China11492.38.542154.6%
United Arab Emirates15.9433N/A143108.0%
Taiwan (Chinese)19.247.6N/A96.271.1%
Others283164654145-20.0%
Total5,1213,6815,4914,289-5.7%

Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to Egypt in 2022:

  1. Turkey (1039.0 tons)
  2. South Korea (490.7 tons)
  3. Germany (261.6 tons)
  4. China (216.8 tons)
  5. United Arab Emirates (73.7 tons)
  6. Taiwan (Chinese) (49.5 tons)

Source: IndexBox Market Intelligence Platform

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