Global Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size

After three years of growth, the global polyvinyl chloride market decreased by X% to $X in 2023. In general, the total consumption indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $X in 2022, and then shrank dramatically in the following year.

Polyvinyl Chloride Production

In value terms, polyvinyl chloride production reduced rapidly to $X in 2023 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Global production peaked at $X in 2022, and then shrank dramatically in the following year.

Polyvinyl Chloride Exports

Exports

In 2023, approx. X tons of polyvinyl chloride were exported worldwide; with an increase of X% compared with the year before. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The global exports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, polyvinyl chloride exports shrank markedly to $X in 2023. In general, total exports indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports reached the maximum at $X in 2022, and then contracted remarkably in the following year.

Exports by Country

The United States (X tons) and China (X tons) represented roughly X% of total exports in 2023. Taiwan (Chinese) (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and France (X%). Japan (X tons), Belgium (X tons), South Korea (X tons), the Netherlands (X tons), Thailand (X tons), Colombia (X tons), Indonesia (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of global exports.

In terms of the main exporting countries, China, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average polyvinyl chloride export price stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2022, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other global leaders experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports

In 2023, approx. X tons of polyvinyl chloride were imported worldwide; increasing by X% against 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyvinyl chloride imports declined sharply to $X in 2023. In general, total imports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports reached the peak figure at $X in 2022, and then contracted rapidly in the following year.

Imports by Country

In 2023, India (X tons), distantly followed by Turkey (X tons) were the key importers of polyvinyl chloride, together creating X% of total imports. The following importers - Italy (X tons), Germany (X tons), Canada (X tons), China (X tons), Poland (X tons), Brazil (X tons), Bangladesh (X tons), Belgium (X tons), Mexico (X tons), Vietnam (X tons) and the United States (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to polyvinyl chloride imports into India stood at X%. At the same time, Bangladesh (X%), Vietnam (X%), Poland (X%), Turkey (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The United States, Brazil, Canada, Mexico and Italy experienced a relatively flat trend pattern. By contrast, Germany (X%) and China (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Bangladesh (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Germany (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported polyvinyl chloride worldwide, comprising X% of global imports. The second position in the ranking was held by Turkey ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In India, polyvinyl chloride imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2022, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform