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

Contents:

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

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,323 per ton, falling by -15.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $1,569 per ton, and then dropped rapidly in the following year.

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 Saudi Arabia ($2,506 per ton), while the price for Turkey ($777 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.3%), 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 Kuwait (FOB) - 2022

In 2021, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $981 per ton, reducing by -18.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 70%. As a result, the export price reached the peak level of $1,209 per ton, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2017 to 2021, the rate of growth in terms of prices for Qatar amounted to -18.9% per year.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of vinyl acetate copolymers; in aqueous dispersion, in primary formses, when their volume decreased by -5.1% to 593 tons. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 70%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses contracted sharply to $785K in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of $980K, and then contracted markedly in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20723559549033.3%
Saudi Arabia29.952.714010150.0%
Turkey78.098.512696.97.5%
United States24.06.019.022.3-2.4%
Taiwan (Chinese)22.826.029.122.2-0.9%
United Kingdom19.523.629.021.53.3%
India19.223.328.020.31.9%
Others18.312514.39.9-18.5%
Total41859098078523.4%

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

  1. United Arab Emirates (343.6 tons)
  2. Turkey (124.8 tons)
  3. Saudi Arabia (40.5 tons)
  4. Taiwan (Chinese) (28.3 tons)
  5. India (25.2 tons)
  6. United Kingdom (12.2 tons)
  7. United States (11.4 tons)

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

In 2021, after two 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 -11% to 14 tons. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 95%. As a result, the exports reached the peak of 15 tons, and then dropped in the following year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell rapidly to $13K in 2021. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 230% against the previous year. As a result, the exports attained the peak of $19K, and then shrank significantly in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Kuwait (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
QatarN/A18.713.5-27.8%
Iraq1.7N/AN/A0%
United Arab Emirates4.0N/AN/A0%
OthersN/AN/AN/A0%
Total5.718.713.553.9%

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

  1. Qatar (13.8 tons)

Source: IndexBox Market Intelligence Platform

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