Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Iran - 2022

Contents:

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

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

In 2022, the average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $1,953 per ton, declining by -33.4% against the previous year. Overall, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2020 an increase of 24% against the previous year. As a result, import price attained the peak level of $3,253 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($5,784 per ton), while the price for Thailand ($1,702 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $1,553 per ton, surging by 5% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 polymers; (other than in aqueous dispersion), in primary formses increased by +162.9% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($2,876 per ton), while the average price for exports to Tajikistan ($498 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 Azerbaijan (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Iran

For the third consecutive year, Iran recorded decline in supplies from abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which decreased by -50.2% to 125 tons in 2022. Over the period under review, imports recorded a sharp setback. The smallest decline of -23.8% was in 2020.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses shrank notably to $244K in 2022. In general, imports saw a dramatic descent. The smallest decline of -5.5% was in 2020.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain545348523149-35.1%
China63.023.768.021.8-29.8%
Thailand28.111.663.218.4-13.2%
Germany24.615.045.212.6-20.0%
Italy13.95.315.23.9-34.5%
SwitzerlandN/A405N/AN/A0%
Others62241720.338.5-60.4%
Total1,2971,226735244-42.7%

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

  1. Spain (77.2 tons)
  2. Thailand (10.8 tons)
  3. China (9.0 tons)
  4. Germany (4.4 tons)
  5. Italy (2.2 tons)

Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Iran

For the fourth consecutive year, Iran recorded growth in shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which increased by 20% to 22 tons in 2022. The total export volume increased at an average annual rate of +13.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses skyrocketed to $35K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan10.011.513.415.515.7%
Afghanistan3.08.86.57.938.1%
Azerbaijan2.60.44.34.721.8%
Turkmenistan2.40.51.22.0-5.9%
Iraq1.91.40.31.8-1.8%
Georgia0.70.60.51.631.7%
Tajikistan0.80.90.90.94.0%
Others0.30.40.40.410.1%
Total21.824.527.534.816.9%

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

  1. Uzbekistan (9.8 tons)
  2. Afghanistan (4.8 tons)
  3. Azerbaijan (2.8 tons)
  4. Tajikistan (1.8 tons)
  5. Turkmenistan (1.2 tons)
  6. Iraq (0.9 tons)
  7. Georgia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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