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

Contents:

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

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $7,687 per ton in 2022, jumping by 138% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 States ($25,730 per ton), while the price for China ($3,557 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+38.3%), 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 Panama (FOB) - 2022

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $985 per ton in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a abrupt downturn. Over the period under review, the average export prices attained the peak figure at $6,305 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -14.9% per year.

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

Imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses into Panama contracted significantly to 20 tons in 2022, waning by -72.7% compared with the previous year. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 75 tons, and then contracted notably in the following year.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses declined significantly to $157K in 2022. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 65%. As a result, imports reached the peak of $242K, and then declined significantly in the following year.

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

1. China (14.1 tons)
2. Free Zones (4.2 tons)
3. United States (2.1 tons)

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

For the fourth consecutive year, Panama recorded growth in shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses, which increased by 0.5% to 23 tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.4% 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 +97.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses reached $22K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.0% 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 +90.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 89% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Costa Rica (22.6 tons)

Source: IndexBox Market Intelligence Platform