Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea - 2022
Contents:
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (FOB) - 2022
- Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (CIF) - 2022
- Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea
- Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (FOB) - 2022
In December 2022, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,344 per ton, reducing by -5.2% against the previous month. Overall, the export price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 5.5% against the previous month. The export price peaked at $1,721 per ton in July 2022; however, from August 2022 to December 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($1,711 per ton), while the average price for exports to Malaysia ($1,076 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.0%), while the prices for the other major destinations experienced a decline.
Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (CIF) - 2022
In December 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,232 per ton, falling by -25.9% against the previous month. Over the period under review, the import price showed a perceptible slump. The pace of growth was the most pronounced in February 2022 an increase of 28% month-to-month. As a result, import price attained the peak level of $2,341 per ton. From March 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,442 per ton), while the price for Singapore ($1,132 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-1.9%), while the prices for the other major suppliers experienced a decline.
Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea
For the third year in a row, South Korea recorded decline in shipments abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses, which decreased by -18.9% to 51K tons in 2022. In general, exports recorded a drastic downturn. The smallest decline of -5.4% was in 2020.
In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses rose slightly to $80M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.4 | 8.1 | 15.6 | 21.5 | 36.8% |
| Indonesia | 5.2 | 4.5 | 8.8 | 10.1 | 24.8% |
| China | 19.8 | 17.4 | 14.9 | 7.6 | -27.3% |
| Vietnam | 3.0 | 2.0 | 2.6 | 4.9 | 17.8% |
| Malaysia | 3.3 | 2.4 | 4.2 | 4.7 | 12.5% |
| South Africa | 2.4 | 2.6 | 3.5 | 4.6 | 24.2% |
| Brazil | 0.6 | 0.4 | 1.4 | 3.7 | 83.4% |
| Philippines | 2.2 | 1.8 | 3.1 | 3.7 | 18.9% |
| Taiwan (Chinese) | 4.1 | 3.4 | 2.8 | 2.7 | -13.0% |
| Australia | 2.2 | 2.0 | 2.1 | 2.6 | 5.7% |
| Argentina | 1.6 | 1.4 | 1.7 | 2.3 | 12.9% |
| United Arab Emirates | 0.9 | 0.8 | 1.3 | 2.0 | 30.5% |
| Thailand | 3.3 | 2.3 | 3.5 | 1.5 | -23.1% |
| Others | 7.4 | 6.8 | 11.0 | 8.4 | 4.3% |
| Total | 64.4 | 56.0 | 76.6 | 80.2 | 7.6% |
Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from South Korea in 2022:
- India (13.8K tons)
- Indonesia (6.8K tons)
- China (4.1K tons)
- Vietnam (3.4K tons)
- Malaysia (3.2K tons)
- South Africa (2.9K tons)
- Philippines (2.5K tons)
- Brazil (2.0K tons)
- Taiwan (Chinese) (1.8K tons)
- Australia (1.7K tons)
- United Arab Emirates (1.3K tons)
- Argentina (1.3K tons)
- Thailand (0.9K tons)
Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea
After three years of growth, purchases abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -24.6% to 10K tons in 2022. In general, imports recorded a noticeable decline. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports attained the peak of 14K tons, and then reduced rapidly in the following year.
In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses reduced slightly to $18M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +49.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports reached the peak of $19M, and then reduced modestly in the following year.
| Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.1 | 3.6 | 7.7 | 6.6 | 17.2% |
| Singapore | 4.9 | 4.3 | 6.2 | 5.6 | 4.6% |
| Germany | 2.0 | 1.7 | 2.0 | 2.1 | 1.6% |
| China | 0.4 | 0.9 | 1.6 | 2.0 | 71.0% |
| Netherlands | 1.0 | 1.0 | 1.1 | 1.7 | 19.3% |
| Others | 0.5 | 0.7 | 0.1 | 0.4 | -7.2% |
| Total | 13.0 | 12.3 | 18.9 | 18.4 | 12.3% |
Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to South Korea in 2022:
- Malaysia (4.5K tons)
- Singapore (3.8K tons)
- China (1.4K tons)
- Netherlands (0.4K tons)
- Germany (0.2K tons)
75
This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in Republic of Korea.
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This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in Republic of Korea.
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This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
110
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
75
This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in Republic of Korea.
87
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in Republic of Korea.
87
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
110
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
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