Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India - 2023

Contents:

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

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India (FOB) - 2023

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,917 per ton in November 2023, shrinking by -21.1% against the previous month. Over the period under review, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in October 2023 an increase of 16% against the previous month. Over the period under review, the average export prices attained the maximum at $2,624 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the United States ($2,363 per ton), while the average price for exports to Nepal ($877 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (-0.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $3,279 per ton in 2022, increasing by 17% against the previous year. In general, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. As a result, import price attained the peak level of $8,070 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Japan ($10,940 per ton), while the price for China ($1,838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India

In 2022, approx. 6.3K tons of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses were exported from India; with an increase of 4.7% compared with 2021. Overall, exports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 98% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses skyrocketed to $18M in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 192%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.50.76.610.259.8%
Turkey1.31.22.32.626.0%
Belgium1.00.61.71.821.6%
Brazil0.20.30.61.071.0%
Spain0.50.30.60.66.3%
China0.60.80.70.4-12.6%
Nepal0.30.30.20.30.0%
Others0.60.30.71.226.0%
Total7.24.613.318.136.0%

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

  1. United States (3325.0 tons)
  2. Turkey (885.0 tons)
  3. Belgium (633.5 tons)
  4. Nepal (444.2 tons)
  5. Brazil (350.0 tons)
  6. Spain (180.0 tons)
  7. China (140.0 tons)

Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India

In 2022, overseas purchases of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses decreased by -1% to 441 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 6.9%. As a result, imports reached the peak of 707 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses soared to $1.4M in 2022. Overall, imports showed a abrupt contraction.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34329645261321.4%
China611481288377-14.9%
Japan22584.3209170-8.9%
Belgium169N/A5.577.2-23.0%
United Kingdom99.512376.550.6-20.2%
South Korea0.979.431.639.8253.6%
ThailandN/A38.197.226.3-16.9%
Taiwan (Chinese)68.297.075.90.4-82.0%
Others30236216.792.7-32.5%
Total1,8181,5601,2531,447-7.3%

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

  1. China (205.1 tons)
  2. Germany (151.5 tons)
  3. Belgium (26.8 tons)
  4. Japan (15.6 tons)
  5. South Korea (12.6 tons)
  6. Thailand (11.4 tons)
  7. United Kingdom (10.0 tons)
  8. Taiwan (Chinese) (0.2 tons)

Source: IndexBox Market Intelligence Platform

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