Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Indonesia - 2022

Contents:

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

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

The average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,585 per ton in March 2022, dropping by -2.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.8%. The growth pace was the most rapid in May 2021 when the average import price increased by 18% m-o-m. Over the period under review, average import prices hit record highs at $1,619 per ton in February 2022, and then dropped slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from China ($1,744 per ton) and Malaysia ($1,597 per ton), while the price for South Korea ($1,558 per ton) and Singapore ($1,563 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 Singapore (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,511 per ton in March 2022, with a decrease of -32.1% against the previous month. Over the period under review, the export price, however, saw measured growth. The growth pace was the most rapid in July 2021 an increase of 53% m-o-m. The export price peaked at $2,225 per ton in February 2022, and then contracted markedly in the following month.

Average prices varied somewhat for the major export markets. In March 2022, the country with the highest price was Thailand ($1,922 per ton), while the average price for exports to Singapore ($1,335 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Indonesia fell to 24K tons, stabilizing at 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 22%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $37M in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore9.17.611.916.922.9%
South Korea5.24.88.610.325.6%
Malaysia6.83.76.89.09.8%
China0.80.30.60.5-14.5%
Others0.40.30.50.614.5%
Total22.216.728.537.218.8%

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

  1. Singapore (11.4K tons)
  2. South Korea (6.5K tons)
  3. Malaysia (5.6K tons)
  4. China (0.3K tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses, when their volume decreased by -30.9% to 446 tons. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses declined to $736K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +47.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports reached the peak of $802K, and then reduced in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh363236318275-8.8%
Vietnam47.017014115348.2%
Thailand0.623.6179102454.0%
CongoN/AN/A40.885.1108.6%
Paraguay51.390.354.058.04.2%
ChinaN/AN/A54.244.8-17.3%
SingaporeN/A58.53.09.6-59.5%
Others37.119.512.58.1-39.8%
Total49959880273613.8%

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

  1. Bangladesh (180.6 tons)
  2. Vietnam (97.4 tons)
  3. China (54.0 tons)
  4. Thailand (52.0 tons)
  5. Congo (38.4 tons)
  6. Paraguay (13.5 tons)
  7. Singapore (6.8 tons)

Source: IndexBox Market Intelligence Platform

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