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

Contents:

  1. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR (FOB) - 2022
  2. Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR (CIF) - 2022
  3. Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR
  4. Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR (FOB) - 2022

The average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $10,912 per ton in 2022, shrinking by -11.5% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 92%. The export price peaked at $12,336 per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +14.3% per year.

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

In 2022, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,458 per ton, with an increase of 26% against the previous year. Overall, the import price, however, recorded a pronounced decline. The import price peaked at $3,024 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,676 per ton), while the price for Taiwan (Chinese) amounted to $2,448 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.2%).

Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR

In 2022, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from Hong Kong SAR contracted notably to 5.4 tons, waning by -18.2% against the previous year. In general, exports showed a precipitous curtailment.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted rapidly to $59K in 2022. Over the period under review, exports saw a significant decline.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32817581.458.9-43.6%
OthersN/AN/AN/AN/A0%
Total32817581.458.9-43.6%

Top Export Markets for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms from Hong Kong SAR in 2022:

  1. China (5.4 tons)

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

In 2022, approx. 830 tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were imported into Hong Kong SAR; waning by -24.6% compared with the year before. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 1.1K tons, and then reduced notably in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses contracted to $2M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% 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 +46.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $2.2M, and then reduced in the following year.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,6361,3602,0971,9986.9%
China66.612.440.037.5-17.4%
United StatesN/A15.88.8N/A-44.3%
Others73.55.811.15.7-57.4%
Total1,7761,3942,1572,0414.7%

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

  1. Taiwan (Chinese) (816.0 tons)
  2. China (14.0 tons)

Source: IndexBox Market Intelligence Platform

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