Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala - 2023

Contents:

  1. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala (FOB) - 2023
  2. Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala (CIF) - 2022
  3. Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala
  4. Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala (FOB) - 2023

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,399 per ton in December 2023, almost unchanged from the previous month. Over the period under review, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in June 2023 when the average export price increased by 8.3% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,856 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the countries with the highest prices were Nicaragua ($1,614 per ton) and Honduras ($1,556 per ton), while the average price for exports to the Dominican Republic ($1,220 per ton) and El Salvador ($1,408 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $2,225 per ton, growing by 16% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +72.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($2,872 per ton), while the price for Canada ($1,709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala

In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses exported from Guatemala fell markedly to 2.6K tons, which is down by -45.8% against 2021 figures. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of 4.8K tons, and then declined remarkably in the following year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses declined dramatically to $4.5M in 2022. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 126%. As a result, the exports attained the peak of $7.2M, and then plummeted in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador1,0418522,2352,30730.4%
Costa Rica1,5191,2622,1291,078-10.8%
Honduras22816525639420.0%
VenezuelaN/A11734928957.2%
Dominican Republic45.641695014045.3%
PanamaN/A8.6152112260.9%
Nicaragua306228447111-28.7%
Cuba31324.254259.5-42.5%
Others62.110193.739.9-13.7%
Total3,5163,1727,1534,5318.8%

Top Export Markets for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms from Guatemala in 2022:

  1. El Salvador (1356.1 tons)
  2. Costa Rica (619.1 tons)
  3. Honduras (197.8 tons)
  4. Venezuela (141.6 tons)
  5. Dominican Republic (92.9 tons)
  6. Panama (59.0 tons)
  7. Nicaragua (58.8 tons)
  8. Cuba (28.3 tons)

Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala

In 2022, supplies from abroad of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -24% to 873 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 50%.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell to $1.9M in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports reached the peak of $2.2M, and then dropped in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic20735768748833.1%
Colombia20929832144828.9%
United States26023959638213.7%
South Korea14025527624119.8%
Mexico57.134.211219450.3%
China17.970.991.780.565.1%
Spain89.135.612267.0-9.1%
CanadaN/AN/AN/A34.30%
Others7.51.10.65.5-9.8%
Total9881,2902,2071,94225.3%

Top Suppliers of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms to Guatemala in 2022:

  1. Dominican Republic (252.9 tons)
  2. Colombia (222.4 tons)
  3. United States (136.5 tons)
  4. Mexico (103.9 tons)
  5. South Korea (84.0 tons)
  6. China (33.2 tons)
  7. Canada (20.1 tons)
  8. Spain (17.1 tons)

Source: IndexBox Market Intelligence Platform

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