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

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan (CIF) - 2023
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan (FOB) - 2022
  3. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan
  4. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan

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

The average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,110 per ton in July 2023, shrinking by -12.4% against the previous month. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in August 2022 when the average import price increased by 17% m-o-m. As a result, import price attained the peak level of $1,949 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Singapore ($1,210 per ton), while the price for China ($1,028 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,048 per ton, which is down by -11.2% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,035 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +12.7% per year.

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

In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses imported into Pakistan was estimated at 6.4K tons, growing by 11% against 2021. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $10M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.13.63.66.628.6%
Singapore0.10.31.01.8162.1%
China0.80.51.00.94.0%
South Korea0.50.70.70.50.0%
Malaysia0.30.1N/AN/A-66.7%
United Arab Emirates0.10.10.2N/A41.4%
Others0.10.10.10.10.0%
Total4.95.46.610.026.8%

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

  1. Taiwan (Chinese) (4.1K tons)
  2. Singapore (1.1K tons)
  3. China (0.8K tons)
  4. South Korea (0.3K tons)

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

In 2022, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses from Pakistan fell to 53 tons, waning by -11.5% compared with the previous year. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 30%. As a result, the exports attained the peak of 59 tons, and then reduced in the following year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses dropped notably to $55K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $70K, and then shrank significantly in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania53.836.118.955.10.8%
AfghanistanN/A4.050.8N/A1170.0%
OthersN/AN/A0.4N/A0%
Total53.840.170.155.10.8%

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

  1. Tanzania (52.5 tons)

Source: IndexBox Market Intelligence Platform

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