Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa - 2024

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa (CIF) - 2024
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa (FOB) - 2022
  3. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa
  4. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa (CIF) - 2024

The average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,037 per ton in January 2024, shrinking by -7.3% against the previous month. Overall, the import price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in July 2023 an increase of 26% month-to-month. As a result, import price attained the peak level of $1,580 per ton. From August 2023 to January 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($2,178 per ton), while the price for China ($829 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $2,781 per ton, jumping by 19% against the previous year. In general, the export price continues to indicate measured growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 200% against the previous year. The export price peaked at $2,806 per ton in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($5,658 per ton), while the average price for exports to Namibia ($1,177 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+13.3%), 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 South Africa

In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses imported into South Africa shrank to 4.4K tons, declining by -7.5% on the year before. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of 4.7K tons, and then reduced in the following year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses surged to $8.4M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2,5552,3823,4184,53721.1%
Germany1681067591,586111.3%
Singapore34.4271553964203.7%
Netherlands20924122949733.5%
Malaysia691257250484-11.2%
Italy53.853.112613234.9%
Others10512123524031.7%
Total3,8163,4315,5708,44130.3%

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

  1. South Korea (2365.8 tons)
  2. Germany (820.1 tons)
  3. Singapore (528.9 tons)
  4. Netherlands (254.6 tons)
  5. Malaysia (232.9 tons)
  6. Italy (67.9 tons)

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

In 2022, overseas shipments of vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by 2,970% to 113 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a deep reduction.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses soared to $316K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A2620%
Namibia2.92.33.832.1122.9%
Zimbabwe4.93.1N/A17.252.0%
Zambia18053.3N/A0.9-82.9%
Kenya81.47.3N/A0.1-89.3%
Botswana34.218.52.7N/A-71.9%
Senegal3.2N/AN/AN/A0%
Others1.913.82.22.915.1%
Total30898.28.73160.9%

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

  1. Nigeria (79.6 tons)
  2. Namibia (27.3 tons)
  3. Zimbabwe (5.1 tons)
  4. Zambia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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