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

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (CIF) - 2023
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (FOB) - 2023
  3. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico
  4. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (CIF) - 2023

In December 2023, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,653 per ton, with an increase of 9.1% against the previous month. Overall, the import price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in February 2023 an increase of 12% m-o-m. Over the period under review, average import prices hit record highs at $2,125 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -1.8% per month.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (FOB) - 2023

In November 2023, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,264 per ton, growing by 4.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 20% m-o-m. As a result, the export price reached the peak level of $1,465 per ton. From March 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

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

From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.

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

Imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Mexico reduced to 3.1K tons in 2022, dropping by -13.1% compared with the previous year's figure. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 4.5%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses expanded modestly to $5.5M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.24.05.15.59.4%
Taiwan (Chinese)0.4N/AN/AN/A0%
OthersN/A0.30.20.1-42.3%
Total4.74.35.35.55.4%

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

  1. United States (3.1K tons)

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

In 2022, shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses was finally on the rise to reach 1.3K tons after two years of decline. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $1.9M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States62.687.45881,785205.5%
Guatemala189N/A44.371.2-27.8%
Chile59725932.3N/A-76.7%
Costa RicaN/A121N/AN/A0%
OthersN/AN/AN/AN/A0%
Total8494686641,85629.8%

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

  1. United States (1226.3 tons)
  2. Guatemala (38.7 tons)

Source: IndexBox Market Intelligence Platform

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