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

Contents:

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

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

In 2022, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $994 per ton, reducing by -21.3% against the previous year. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. The import price peaked at $1,488 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 India ($1,845 per ton), while the price for China ($773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Sri Lanka (FOB) - 2022

The average export price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $2,403 per ton in 2022, reducing by -1.7% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polyvinyl acetate; in aqueous dispersion, in primary formses increased by +63.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 66% against the previous year. As a result, the export price reached the peak level of $2,445 per ton, and then contracted slightly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($2,473 per ton), while the average price for exports to Vietnam totaled $1,864 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+1.0%).

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Sri Lanka

In 2022, the amount of polyvinyl acetate; in aqueous dispersion, in primary formses imported into Sri Lanka soared to 552 tons, increasing by 81% compared with the year before. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses skyrocketed to $549K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.975.815920027.3%
Indonesia5.04.02.7194238.5%
Taiwan (Chinese)37.337.183.374.826.1%
United Arab Emirates13.412.824.238.141.7%
India73.723.662.830.4-25.6%
Malaysia30.623.313.6N/A-33.3%
United Kingdom26.126.322.1N/A-8.0%
Others11.613.916.411.60.0%
Total29521738454923.0%

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

  1. China (258.0 tons)
  2. Indonesia (208.5 tons)
  3. Taiwan (Chinese) (46.0 tons)
  4. United Arab Emirates (21.0 tons)
  5. India (16.5 tons)

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in overseas shipments of polyvinyl acetate; in aqueous dispersion, in primary formses, which increased by 85% to 26 tons in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 235% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses surged to $63K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 457% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh2.41.01.957.6188.4%
Vietnam1.85.232.85.646.0%
Others0.1N/AN/AN/A0%
Total4.36.234.763.2145.0%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from Sri Lanka in 2022:

  1. Bangladesh (23.3 tons)
  2. Vietnam (3.0 tons)

Source: IndexBox Market Intelligence Platform

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