Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea - 2022

Contents:

1. Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea (CIF) - 2022
2. Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea (FOB) - 2022
3. Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea
4. Exports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea

Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea (CIF) - 2022

The average import price for vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses stood at $2,435 per ton in December 2022, surging by 4.4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 106% month-to-month. As a result, import price attained the peak level of $4,633 per ton. From October 2022 to December 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,771 per ton), while the price for China ($1,970 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea (FOB) - 2022

The average export price for vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses stood at $6,133 per ton in 2022, reducing by -96.2% against the previous year. Overall, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 2,115%. Over the period under review, the average export prices attained the peak figure at $161,309 per ton in 2021, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +1.8% per year.

Imports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea

In 2022, purchases abroad of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses increased by 39% to 961 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced descent.

In value terms, imports of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses skyrocketed to $2.2M in 2022. Over the period under review, imports, however, saw a mild shrinkage.

Top Suppliers of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms to South Korea in 2022:

1. Japan (684.7 tons)
2. China (113.7 tons)
3. Vietnam (91.2 tons)
4. United States (69.7 tons)

Exports of Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms in South Korea

In 2022, approx. 2.1 tons of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses were exported from South Korea; growing by 1,038% on the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vinyl chloride, other halogenated olefin polymers; vinylidene chloride polymers, in primary formses reduced rapidly to $13K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 406%. As a result, the exports reached the peak of $29K, and then reduced notably in the following year.

Top Export Markets for Vinyl Chloride, Other Halogenated Olefin Polymers; Vinylidene Chloride Polymers, in Primary Forms from South Korea in 2022:

1. Japan (2.1 tons)

Source: IndexBox Market Intelligence Platform