Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in the Dominican Republic - 2023

Contents:

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

Price for Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in the Dominican Republic (FOB) - 2022

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $2,075 per ton in 2022, surging by 8.9% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses increased by +58.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 45%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were El Salvador ($2,457 per ton) and Grenada ($2,219 per ton), while the average price for exports to Costa Rica ($1,924 per ton) and Trinidad and Tobago ($1,945 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 El Salvador (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,885 per ton, surging by 14% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +59.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($2,293 per ton) and Guatemala ($1,977 per ton), while the price for the United States ($1,815 per ton) and Egypt ($1,963 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.9%), 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 the Dominican Republic

Exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses from the Dominican Republic reached 6.6K tons in 2022, increasing by 3.8% against the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 49%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses totaled $14M in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 104%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Venezuela (1769.1 tons)
2. Jamaica (1358.7 tons)
3. El Salvador (663.9 tons)
4. Trinidad and Tobago (583.5 tons)
5. Guyana (502.7 tons)
6. Barbados (348.0 tons)
7. United States (248.4 tons)
8. Guatemala (247.7 tons)
9. Saint Lucia (217.2 tons)
10. Grenada (162.1 tons)
11. Costa Rica (157.6 tons)
12. Haiti (125.6 tons)
13. Dominica (103.2 tons)

Imports of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in the Dominican Republic

After three years of growth, overseas purchases of vinyl acetate copolymers; in aqueous dispersion, in primary formses decreased by -50.3% to 669 tons in 2022. Over the period under review, imports, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. As a result, imports reached the peak of 1.3K tons, and then declined sharply in the following year.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses contracted notably to $1.3M in 2022. In general, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 209%. As a result, imports attained the peak of $2.2M, and then dropped remarkably in the following year.

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

1. United States (427.8 tons)
2. Guatemala (178.7 tons)
3. Egypt (44.2 tons)
4. South Korea (18.0 tons)

Source: IndexBox Market Intelligence Platform