Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada - 2023

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada (FOB) - 2023
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada (CIF) - 2022

In 2022, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,646 per ton, growing by 8.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 40%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($2,681 per ton), while the price for the United States amounted to $1,573 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%).

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada (FOB) - 2023

In December 2023, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,165 per ton, falling by -4.6% against the previous month. Overall, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 4.7% month-to-month. The export price peaked at $1,469 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -2.0% per month.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada

In 2022, after three years of growth, there was decline in overseas purchases of polymers of vinyl chloride or of other halogenated olefins, in primary formses, when their volume decreased by -3.1% to 650K tons. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of 671K tons, and then dropped slightly in the following year.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses totaled $1.1B in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Canada in 2022:

1. United States (619.1K tons)
2. Germany (10.2K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Canada

In 2022, after two years of decline, there was growth in overseas shipments of polymers of vinyl chloride or of other halogenated olefins, in primary formses, when their volume increased by 2.2% to 234K tons. Overall, exports, however, showed a pronounced decline.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses expanded rapidly to $428M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Canada in 2022:

1. United States (232.0K tons)

Source: IndexBox Market Intelligence Platform