Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan - 2023

Contents:

  1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan (CIF) - 2022
  2. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan (CIF) - 2022

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,849 per ton in 2022, picking up by 2% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses increased by +29.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 88% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($3,311 per ton), while the price for China ($1,954 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in overseas purchases of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, which increased by 24% to 438 tons in 2022. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $1.2M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany37135249660617.8%
Turkey98.299.435138758.0%
Russia25.435.212416988.1%
China178240N/A47.9-35.4%
Others3.17.013.537.0128.5%
Total6767349851,24722.6%

Top Suppliers of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms to Azerbaijan in 2022:

  1. Germany (197.7 tons)
  2. Turkey (156.7 tons)
  3. Russia (51.0 tons)
  4. China (24.5 tons)

Source: IndexBox Market Intelligence Platform

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