Global Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size

In 2022, after two years of growth, there was decline in the global polyvinyl chloride market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then fell modestly in the following year.

Polyvinyl Chloride Production

In value terms, polyvinyl chloride production contracted dramatically to $X in 2022 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

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Polyvinyl Chloride Exports

Exports

In 2022, overseas shipments of polyvinyl chloride increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, polyvinyl chloride exports fell slightly to $X in 2022. Overall, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

The United States (X tons) and China (X tons) represented roughly X% of total exports in 2022. Taiwan (Chinese) (X tons) held the next position in the ranking, followed by Germany (X tons), France (X tons) and the Netherlands (X tons). All these countries together held near X% share of total exports. The following exporters - Belgium (X tons), Japan (X tons), South Korea (X tons), Thailand (X tons), Indonesia (X tons), Colombia (X tons) and Spain (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest polyvinyl chloride supplying countries worldwide were the United States ($X), China ($X) and Germany ($X), together accounting for X% of global exports.

China, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average polyvinyl chloride export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports

Global polyvinyl chloride imports declined slightly to X tons in 2022, which is down by X% against the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, polyvinyl chloride imports fell slightly to $X in 2022. Over the period under review, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then declined modestly in the following year.

Imports by Country

In 2022, India (X tons), distantly followed by Turkey (X tons), Germany (X tons) and Italy (X tons) were the main importers of polyvinyl chloride, together making up X% of total imports. The following importers - Canada (X tons), China (X tons), Vietnam (X tons), Belgium (X tons), Poland (X tons), Mexico (X tons), Bangladesh (X tons), Brazil (X tons) and the UK (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to polyvinyl chloride imports into India stood at X%. At the same time, Vietnam (X%), Bangladesh (X%), Poland (X%), the UK (X%), Canada (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Turkey, Mexico, Italy and Germany experienced a relatively flat trend pattern. By contrast, Brazil (X%) and China (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest polyvinyl chloride importing markets worldwide were India ($X), Turkey ($X) and Germany ($X), together accounting for X% of global imports. Italy, Canada, Poland, China, Mexico, the UK, Belgium, Brazil, Vietnam and Bangladesh lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polyvinyl chloride import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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