Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,808 per ton, growing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,814 per ton), while the price for Malaysia ($1,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Sri Lanka (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $2,000 per ton, waning by -17% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average export price increased by 48% against the previous year. The export price peaked at $2,410 per ton in 2021, and then shrank significantly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($2,020 per ton), while the average price for exports to India ($1,882 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.1%).

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

In 2022, approx. 309 tons of vinyl acetate copolymers; in aqueous dispersion, in primary formses were imported into Sri Lanka; dropping by -76.1% on the year before. In general, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 142% against the previous year. As a result, imports reached the peak of 1.3K tons, and then contracted sharply in the following year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses contracted significantly to $558K in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 205% against the previous year. As a result, imports attained the peak of $1.8M, and then dropped markedly in the following year.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20611732029813.1%
South Korea2.86.194.397.8226.9%
Germany16610432669.4-25.2%
China44.596.010564.413.1%
Malaysia15871.88.13.1-73.0%
Others20219092725.8-49.6%
Total7795851,780558-10.5%

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

  1. India (159.4 tons)
  2. China (56.1 tons)
  3. Germany (51.7 tons)
  4. South Korea (34.8 tons)
  5. Malaysia (2.8 tons)

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

In 2022, after three years of growth, there was decline in overseas shipments of vinyl acetate copolymers; in aqueous dispersion, in primary formses, when their volume decreased by -3.2% to 51 tons. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 52 tons, and then fell modestly in the following year.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses fell rapidly to $101K in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of $126K, and then declined sharply in the following year.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A86.50%
BangladeshN/AN/A68.912.7-81.6%
India90.71016.42.0-72.0%
PakistanN/AN/A50.8N/A0%
OthersN/AN/AN/AN/A0%
Total90.71011261013.7%

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

  1. Australia (42.8 tons)
  2. Bangladesh (6.7 tons)
  3. India (1.1 tons)

Source: IndexBox Market Intelligence Platform

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