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

Contents:

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

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

The average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,331 per ton in June 2023, falling by -5.9% against the previous month. Over the period under review, the import price showed a pronounced descent. The pace of growth appeared the most rapid in September 2022 an increase of 12% against the previous month. Over the period under review, average import prices reached the peak figure at $1,961 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($2,152 per ton), while the price for Egypt ($1,134 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the prices for the other major suppliers experienced a decline.

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

In June 2023, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $4,047 per ton, picking up by 7.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average export price increased by 78% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,940 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.

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

From June 2022 to June 2023, the rate of growth in terms of prices for Algeria amounted to -0.9% per month.

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

Imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Morocco declined significantly to 3.4K tons in 2022, dropping by -33.3% on the year before. Overall, imports showed a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of 5.2K tons, and then reduced markedly in the following year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses reduced dramatically to $5.6M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% 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 +26.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports attained the peak of $8.1M, and then dropped markedly in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,2273,3657,2084,85214.6%
Spain758510500387-20.1%
Egypt43246.9132232-18.7%
Sweden28455.99.28.5-69.0%
Portugal25411618.28.4-67.9%
United Kingdom136215190N/A18.2%
Others95.710883.11053.1%
Total5,1854,4178,1405,5932.6%

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

  1. Germany (3076.4 tons)
  2. Spain (190.7 tons)
  3. Egypt (122.6 tons)
  4. Portugal (4.2 tons)
  5. Sweden (3.1 tons)

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

In 2022, approx. 451 tons of vinyl acetate copolymers; in aqueous dispersion, in primary formses were exported from Morocco; dropping by -13% against 2021. In general, exports recorded a abrupt curtailment. The smallest decline of -4.6% was in 2021.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses declined to $1.4M in 2022. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria1.71.31.61.4-6.3%
OthersN/AN/AN/AN/A0%
Total1.71.31.61.4-6.3%

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

  1. Algeria (449.7 tons)

Source: IndexBox Market Intelligence Platform

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