Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey - 2024

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (CIF) - 2024
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (FOB) - 2024
  3. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey
  4. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (CIF) - 2024

The average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $2,244 per ton in January 2024, increasing by 18% against the previous month. In general, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in September 2023 an increase of 800% against the previous month. As a result, import price attained the peak level of $20,307 per ton. From October 2023 to January 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the UK ($4,341 per ton), while the price for Greece ($1,243 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (FOB) - 2024

In January 2024, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $3,033 per ton, with an increase of 4.3% against the previous month. In general, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in March 2023 an increase of 34% against the previous month. As a result, the export price attained the peak level of $4,839 per ton. From April 2023 to January 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Belarus ($4,467 per ton), while the average price for exports to Israel ($780 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+8.9%), while the prices for the other major destinations experienced a decline.

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey

After two years of decline, purchases abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses increased by 8.6% to 13K tons in 2022. In general, imports, however, continue to indicate a pronounced contraction.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses surged to $54M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.413.419.240.435.1%
Taiwan (Chinese)2.12.33.65.537.8%
Germany4.03.53.43.0-9.1%
United States1.92.01.41.90.0%
Italy0.60.91.00.60.0%
Japan1.10.80.80.5-23.1%
Greece0.30.30.30.410.1%
Others2.21.61.41.9-4.8%
Total28.624.731.254.423.9%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Turkey in 2022:

  1. China (9.9K tons)
  2. Taiwan (Chinese) (1.1K tons)
  3. Germany (0.6K tons)
  4. United States (0.5K tons)
  5. Greece (0.4K tons)
  6. Italy (0.2K tons)
  7. Japan (0.1K tons)

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey

After two years of decline, overseas shipments of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses increased by 35% to 736 tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses skyrocketed to $3.7M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt19.450.4250582210.7%
PortugalN/A0.926.35452360.8%
Azerbaijan18918720545133.6%
Uzbekistan4193985614452.0%
United Arab EmiratesN/A20.0N/A282275.5%
Colombia1.3N/AN/A219452.3%
GermanyN/A40.9N/A205123.9%
United StatesN/AN/AN/A1990%
Kazakhstan27015797.7134-20.8%
Iran444260173104-38.4%
North Macedonia45.858.662.494.927.5%
Bangladesh12.130.247.675.484.0%
Turkmenistan53.655.112531.3-16.4%
Others22262.11732959.9%
Total1,6761,3201,7223,66329.8%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Turkey in 2022:

  1. Egypt (138.6 tons)
  2. Portugal (94.0 tons)
  3. Uzbekistan (89.5 tons)
  4. Azerbaijan (87.0 tons)
  5. United Arab Emirates (44.1 tons)
  6. Colombia (38.0 tons)
  7. United States (36.0 tons)
  8. Germany (36.0 tons)
  9. Bangladesh (35.9 tons)
  10. Kazakhstan (21.5 tons)
  11. North Macedonia (18.0 tons)
  12. Iran (12.2 tons)
  13. Turkmenistan (5.7 tons)

Source: IndexBox Market Intelligence Platform

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