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

Contents:

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

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

In 2022, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $3,189 per ton, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($3,614 per ton) and Switzerland ($3,462 per ton), while the price for Turkey ($2,879 per ton) and Ireland ($2,955 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $5,637 per ton, leveling off at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs at $5,782 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,560 per ton), while the average price for exports to Italy ($3,225 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 the United States (+6.4%), 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 the UK

In 2022, purchases abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses decreased by -5.4% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +35.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 15K tons, and then contracted in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $45M in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Germany (8.6K tons)
2. France (3.0K tons)
3. Switzerland (1.6K tons)
4. Turkey (0.3K tons)
5. Ireland (0.3K tons)

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

In 2022, approx. 881 tons of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses were exported from the UK; rising by 25% against the year before. Over the period under review, exports, however, saw a pronounced contraction.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $5M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Mexico (198.0 tons)
2. Italy (87.5 tons)
3. Canada (79.2 tons)
4. Taiwan (Chinese) (72.0 tons)
5. Finland (72.0 tons)
6. United States (63.1 tons)
7. India (52.0 tons)
8. Ecuador (49.3 tons)
9. Norway (48.0 tons)
10. Spain (44.8 tons)
11. Germany (39.1 tons)
12. Ireland (28.0 tons)
13. Turkey (0.8 tons)

Source: IndexBox Market Intelligence Platform