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

Contents:

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

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

In 2022, the average import price for vinyl acetate copolymers; in aqueous dispersion, in primary formses amounted to $1,923 per ton, increasing by 13% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +53.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 58% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($1,923 per ton) and South Korea ($1,923 per ton), while the price for Singapore ($1,923 per ton) and Malaysia ($1,923 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for vinyl acetate copolymers; in aqueous dispersion, in primary formses stood at $1,800 per ton in 2022, increasing by 5.4% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 44%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($1,800 per ton) and Pakistan ($1,800 per ton), while the average price for exports to Singapore ($1,800 per ton) and Cambodia ($1,800 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 Myanmar (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses into Vietnam amounted to 17K tons in 2022, increasing by 9.7% compared with 2021. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate copolymers; in aqueous dispersion, in primary formses skyrocketed to $33M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia9.98.613.116.819.3%
Singapore5.25.34.67.412.5%
South Korea3.02.12.95.119.3%
China1.11.94.42.429.7%
Taiwan (Chinese)0.60.60.90.60.0%
Others0.90.80.90.90.0%
Total20.719.526.733.217.1%

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

  1. Malaysia (8.7K tons)
  2. Singapore (3.8K tons)
  3. South Korea (2.7K tons)
  4. China (1.2K tons)
  5. Taiwan (Chinese) (0.3K tons)

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

In 2022, the amount of vinyl acetate copolymers; in aqueous dispersion, in primary formses exported from Vietnam soared to 403 tons, increasing by 22% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 46% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of vinyl acetate copolymers; in aqueous dispersion, in primary formses soared to $725K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Vinyl Acetate Copolymers; in Aqueous Dispersion, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore24.470.3138318135.3%
CambodiaN/A22.7292182183.2%
MyanmarN/A70.1N/A14443.3%
Taiwan (Chinese)N/AN/A8.644.1412.8%
Malaysia39.683.215.223.9-15.5%
Pakistan45.036.222.113.4-33.2%
Indonesia75.7N/AN/AN/A0%
Saudi Arabia46.248.066.2N/A19.7%
Others6.0N/A23.1N/A96.2%
Total23733056572545.2%

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

  1. Singapore (176.7 tons)
  2. Cambodia (101.0 tons)
  3. Myanmar (79.7 tons)
  4. Taiwan (Chinese) (24.5 tons)
  5. Malaysia (13.3 tons)
  6. Pakistan (7.4 tons)

Source: IndexBox Market Intelligence Platform

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