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

Contents:

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

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,897 per ton in 2022, shrinking by -10.9% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 72% against the previous year. The import price peaked at $4,374 per ton in 2021, and then declined in the following year.

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 UK ($21,214 per ton), while the price for Thailand ($2,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.1%), 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 Sri Lanka (FOB) - 2022

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,577 per ton in 2022, surging by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 8.8% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +58.0% per year.

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

In 2022, overseas purchases of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses decreased by -18.4% to 6.2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. As a result, imports reached the peak of 10 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses reduced dramatically to $24K in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -39.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, imports reached the peak of $40K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)7.611.010.39.16.2%
China1.80.7N/A6.553.4%
Thailand2.89.65.86.230.3%
United Kingdom1.21.31.32.426.0%
India1.50.11.70.1-59.5%
Germany4.86.64.8N/A0.0%
JapanN/AN/A2.7N/A0%
Indonesia2.45.32.7N/A6.1%
Others1.45.14.1N/A71.1%
Total23.539.833.324.21.0%

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

  1. Thailand (2.9 tons)
  2. China (2.0 tons)
  3. Taiwan (Chinese) (1.2 tons)
  4. United Kingdom (0.1 tons)

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

After two years of decline, shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses increased by 72% to 1.2 tons in 2022. Overall, exports, however, saw a dramatic downturn.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses skyrocketed to $4.3K in 2022. In general, exports, however, saw a precipitous setback.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh18.43.92.34.3-38.4%
Others0.10.10.1N/A0.0%
Total18.54.02.34.3-38.5%

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

  1. Bangladesh (1.2 tons)

Source: IndexBox Market Intelligence Platform

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