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

Contents:

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

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $553 per ton in 2022, which is down by -39.6% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. Over the period under review, average import prices reached the maximum at $1,936 per ton in 2015; however, from 2016 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 South Korea ($4,323 per ton), while the price for China ($260 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (FOB) - 2022

In 2022, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $6,955 per ton, approximately equating the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2018 an increase of 160%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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

From 2014 to 2022, the rate of growth in terms of prices for Singapore amounted to +29.3% per year.

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

Imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses into the Philippines soared to 625 tons in 2022, with an increase of 180% against the previous year's figure. In general, imports recorded 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 vinyl acetate polymers; (other than in aqueous dispersion), in primary formses skyrocketed to $346K in 2022. Overall, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)53.010.740.619353.8%
China4.34.425.4102187.3%
Vietnam7.25.56.4N/A-5.7%
France93.752.866.9N/A-15.5%
Indonesia61.525.48.9N/A-62.0%
Netherlands11.77.29.9N/A-8.0%
Others56.034.246.250.8-3.2%
Total2871402043466.4%

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

  1. China (393.8 tons)
  2. Taiwan (Chinese) (224.3 tons)

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

Exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses from the Philippines fell dramatically to 44 kg in 2022, with a decrease of -20% on the previous year. Over the period under review, exports saw a precipitous slump.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses dropped sharply to $306 in 2022. In general, exports recorded a abrupt descent.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (USD)
COUNTRY20212022CAGR,
2021-2022
SingaporeN/A3060%
Finland191N/A0%
Others191N/A0%
Total382306-19.9%

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

  1. Singapore (44.0 kg)

Source: IndexBox Market Intelligence Platform

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