Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh - 2022

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh (CIF) - 2022
  2. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh (CIF) - 2022

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,386 per ton in 2022, picking up by 4.2% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 polyvinyl acetate; in aqueous dispersion, in primary formses increased by +66.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($2,793 per ton), while the price for Malaysia ($540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh

In 2022, the amount of polyvinyl acetate; in aqueous dispersion, in primary formses imported into Bangladesh dropped significantly to 4.4K tons, declining by -23.8% on the previous year's figure. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 5.7% against the previous year.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses fell rapidly to $6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +34.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports attained the peak of $7.6M, and then shrank significantly in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3,0862,6854,8023,7526.7%
Indonesia1,081763944814-9.0%
India24720941538515.9%
South Korea11114025533544.5%
Malaysia2052794632588.0%
Singapore1641421552078.1%
Others20528758029412.8%
Total5,0984,5047,6146,0455.8%

Top Suppliers of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms to Bangladesh in 2022:

  1. Taiwan (Chinese) (2748.2 tons)
  2. Malaysia (477.1 tons)
  3. Indonesia (409.6 tons)
  4. India (324.7 tons)
  5. South Korea (200.1 tons)
  6. Singapore (74.0 tons)

Source: IndexBox Market Intelligence Platform

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