Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam - 2022

Contents:

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

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam (CIF) - 2022

In 2022, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,993 per ton, increasing by 19% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 25%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,993 per ton) and Thailand ($2,993 per ton), while the price for Singapore ($2,993 per ton) and China ($2,993 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $2,937 per ton, growing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Cote d'Ivoire ($2,937 per ton) and Tanzania ($2,937 per ton), while the average price for exports to Mozambique ($2,937 per ton) and Paraguay ($2,937 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam

In 2022, after three years of growth, there was decline in supplies from abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, when their volume decreased by -4.3% to 6.9K tons. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 7.2K tons, and then contracted slightly in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses reached $21M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5.77.112.113.031.6%
China2.11.71.82.67.4%
Thailand1.10.82.42.429.7%
Singapore0.70.60.60.84.6%
Taiwan (Chinese)N/AN/A0.50.50.0%
Germany1.10.70.30.5-23.1%
Spain0.60.50.50.5-5.9%
Others0.60.60.10.4-12.6%
Total11.812.018.320.720.6%

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

  1. South Korea (4350.0 tons)
  2. China (873.0 tons)
  3. Thailand (801.1 tons)
  4. Singapore (258.3 tons)
  5. Spain (172.9 tons)
  6. Taiwan (Chinese) (164.2 tons)
  7. Germany (160.4 tons)

Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam

Exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from Vietnam skyrocketed to 5.6K tons in 2022, increasing by 31% on 2021 figures. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 118%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $17M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria0.61.42.54.494.3%
Kenya1.32.52.84.349.0%
Cote d'IvoireN/A1.40.71.53.5%
China1.00.51.21.411.9%
TanzaniaN/A0.1N/A0.8182.8%
Paraguay0.20.60.20.858.7%
Dominican Republic0.61.60.80.810.1%
Mozambique0.1N/AN/A0.571.0%
Others1.22.22.62.222.4%
Total4.910.210.716.650.2%

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

  1. Nigeria (1500.0 tons)
  2. Kenya (1460.4 tons)
  3. Cote d'Ivoire (494.5 tons)
  4. China (472.5 tons)
  5. Paraguay (267.8 tons)
  6. Tanzania (267.3 tons)
  7. Dominican Republic (256.1 tons)
  8. Mozambique (178.6 tons)

Source: IndexBox Market Intelligence Platform

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