Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand - 2024

Contents:

  1. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand (CIF) - 2024
  2. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand (FOB) - 2022
  3. Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand
  4. Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand (CIF) - 2024

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,786 per ton in January 2024, declining by -18.3% against the previous month. In general, the import price showed a noticeable reduction. The growth pace was the most rapid in September 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs at $2,791 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($3,897 per ton), while the price for China stood at $1,755 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Japan (-1.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,876 per ton in 2022, picking up by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 45%. As a result, the export price attained the peak level of $4,992 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 Turkey ($1,928 per ton), while the average price for exports to Japan ($1,000 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 Poland (+16.1%), 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 Thailand

In 2022, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses into Thailand expanded markedly to 1.1K tons, with an increase of 12% against the previous year. Over the period under review, imports, however, showed a slight reduction.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3661,1561,3922,00013.6%
Malaysia582501668473-6.7%
Japan26031662545720.7%
Taiwan (Chinese)89.924.37.614.2-45.9%
Others38.630.240.848.07.5%
Total2,3362,0282,7342,9928.6%

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

  1. China (840.5 tons)
  2. Malaysia (132.3 tons)
  3. Japan (99.0 tons)
  4. Taiwan (Chinese) (16.2 tons)

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

In 2022, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses from Thailand fell remarkably to 197 tons, which is down by -25.8% against the previous year. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.1%. As a result, the exports reached the peak of 266 tons, and then plummeted in the following year.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses fell markedly to $370K in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A0.621635900.0%
Iran21.627.149.680.054.7%
PolandN/A89.318172.6-9.8%
IndiaN/A32.882.80.2-92.2%
United Arab Emirates25330.837.4N/A-61.6%
Myanmar3.313.067.9N/A353.6%
Bahrain210121N/AN/A-42.4%
Others78.617.819.31.2-75.2%
Total567332439370-13.3%

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

  1. Turkey (112.0 tons)
  2. Iran (45.0 tons)
  3. Poland (40.0 tons)
  4. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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