Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States - 2023
Contents:
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (CIF) - 2023
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (FOB) - 2023
- Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States
- Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (CIF) - 2023
The average import price for vinyl chloride polymers; waste, parings and scraps stood at $703 per ton in December 2023, with an increase of 11% against the previous month. In general, the import price, however, saw a mild curtailment. The pace of growth appeared the most rapid in February 2023 an increase of 28% against the previous month. The import price peaked at $842 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1,335 per ton), while the price for Canada ($270 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (FOB) - 2023
In December 2023, the average export price for vinyl chloride polymers; waste, parings and scraps amounted to $359 per ton, declining by -9.8% against the previous month. Overall, the export price saw a slight setback. The pace of growth was the most pronounced in March 2023 when the average export price increased by 23% m-o-m. As a result, the export price attained the peak level of $468 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($984 per ton), while the average price for exports to Mexico ($244 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of vinyl chloride polymers; waste, parings and scraps, which increased by 18% to 32K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of vinyl chloride polymers; waste, parings and scraps surged to $29M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.7 | 1.3 | 4.1 | 6.6 | 111.3% |
| Canada | 3.5 | 3.4 | 5.4 | 5.0 | 12.6% |
| Thailand | N/A | N/A | 1.4 | 4.0 | 185.7% |
| Italy | N/A | 1.9 | 2.7 | 3.3 | 31.8% |
| Malaysia | N/A | N/A | 0.1 | 1.9 | 1800.0% |
| India | 0.4 | 0.2 | 1.1 | 1.6 | 58.7% |
| Mexico | 0.8 | 1.3 | 1.8 | 1.1 | 11.2% |
| Belgium | 0.8 | 0.9 | 0.2 | 1.0 | 7.7% |
| Spain | 1.2 | 1.1 | 0.4 | 0.4 | -30.7% |
| China | 0.9 | 0.1 | N/A | 0.1 | -51.9% |
| Others | 1.5 | 1.2 | 4.3 | 4.2 | 40.9% |
| Total | 9.9 | 11.4 | 21.5 | 29.0 | 43.1% |
Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to the United States in 2022:
- Canada (11.3K tons)
- Czech Republic (4.0K tons)
- Italy (3.7K tons)
- Thailand (3.4K tons)
- Mexico (2.2K tons)
- Malaysia (1.8K tons)
- India (1.1K tons)
- Belgium (0.9K tons)
- China (0.3K tons)
- Spain (0.2K tons)
Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States
For the third year in a row, the United States recorded decline in overseas shipments of vinyl chloride polymers; waste, parings and scraps, which decreased by -28.1% to 17K tons in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of -3.6% was in 2020.
In value terms, exports of vinyl chloride polymers; waste, parings and scraps fell to $8.8M in 2022. In general, exports saw a deep setback.
| Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3.4 | 2.0 | 3.0 | 3.8 | 3.8% |
| Spain | 0.9 | 0.3 | 1.1 | 2.2 | 34.7% |
| Canada | 1.4 | 1.2 | 1.1 | 1.2 | -5.0% |
| India | 0.3 | 0.3 | 1.5 | 0.3 | 0.0% |
| Malaysia | 3.7 | 3.9 | 1.7 | 0.3 | -56.7% |
| Turkey | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Taiwan (Chinese) | 0.7 | 0.6 | 0.3 | 0.2 | -34.1% |
| Hong Kong SAR | 2.5 | 1.6 | 0.1 | N/A | -80.0% |
| South Korea | 0.4 | 0.7 | 0.1 | N/A | -50.0% |
| Nigeria | 0.5 | 0.4 | N/A | N/A | -20.0% |
| Indonesia | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 1.1 | 1.3 | 0.9 | 0.6 | -18.3% |
| Total | 15.4 | 12.4 | 10.1 | 8.8 | -17.0% |
Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from the United States in 2022:
- Mexico (8.5K tons)
- Canada (2.6K tons)
- Spain (2.1K tons)
- Turkey (0.9K tons)
- Malaysia (0.8K tons)
- India (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
- Hong Kong SAR (0.1K tons)
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