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

Contents:

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

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

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,001 per ton in 2022, increasing by 87% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($8,041 per ton), while the average price for exports to the United Arab Emirates ($2,885 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 Indonesia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,624 per ton in 2022, remaining constant against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses increased by +90.4% against 2013 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 31%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Malaysia ($11,908 per ton), while the price for China ($2,646 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses was finally on the rise to reach 99 tons after two years of decline. In general, exports, however, saw a deep setback.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses surged to $297K in 2022. Over the period under review, exports, however, recorded a abrupt descent.

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

1. Indonesia (50.0 tons)
2. United Arab Emirates (48.0 tons)

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

In 2022, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses into Singapore fell sharply to 72 tons, reducing by -19.8% compared with 2021 figures. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1.3% against the previous year.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses fell markedly to $261K in 2022. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

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

1. China (59.6 tons)
2. Japan (4.8 tons)
3. Malaysia (3.4 tons)
4. Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform