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

Contents:

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

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

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,432 per ton in October 2023, dropping by -21.8% against the previous month. In general, the import price saw a slight decrease. The pace of growth was the most pronounced in September 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices reached the peak figure at $3,188 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to -0.3% per month.

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

The average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $3,216 per ton in 2022, picking up by 14% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses increased by +78.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $3,319 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($3,701 per ton) and North Macedonia ($3,352 per ton), while the average price for exports to Bosnia and Herzegovina ($2,875 per ton) and Albania ($3,012 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -10.2% to 7.4K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses fell modestly to $21M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of $21M, and then reduced modestly in the following year.

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

1. Germany (4.9K tons)
2. Switzerland (1.4K tons)
3. Austria (0.6K tons)
4. France (0.2K tons)

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

In 2022, overseas shipments of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -32.3% to 449 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 326% against the previous year.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses shrank dramatically to $1.4M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 419% against the previous year. As a result, the exports attained the peak of $1.9M, and then fell significantly in the following year.

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

1. Serbia (95.5 tons)
2. Italy (89.3 tons)
3. Romania (66.0 tons)
4. Albania (50.4 tons)
5. North Macedonia (44.0 tons)
6. Slovenia (44.0 tons)
7. Iraq (22.4 tons)
8. Bosnia and Herzegovina (22.0 tons)

Source: IndexBox Market Intelligence Platform