Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines - 2023
Contents:
- Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (CIF) - 2023
- Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines
Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (CIF) - 2023
In September 2023, the average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $1,893 per ton, remaining relatively unchanged against the previous month. Overall, the import price, however, recorded a perceptible contraction. The growth pace was the most rapid in March 2023 an increase of 14% against the previous month. Over the period under review, average import prices hit record highs at $2,440 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Singapore ($2,073 per ton), while the price for China ($1,295 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (-1.6%), while the prices for the other major suppliers experienced a decline.
Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines
In 2022, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses into the Philippines reduced to 5.5K tons, shrinking by -6.4% compared with the previous year. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports attained the peak of 5.9K tons, and then declined in the following year.
In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses skyrocketed to $15M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 2.8 | 6.8 | 10.4 | 92.7% |
| China | 2.7 | 0.9 | 1.6 | 3.2 | 5.8% |
| Singapore | 1.1 | 0.8 | 1.8 | 1.1 | 0.0% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Germany | 4.9 | 3.3 | 1.3 | 0.3 | -60.6% |
| Others | 0.5 | 0.6 | 0.6 | 0.1 | -41.5% |
| Total | 9.4 | 8.4 | 12.4 | 15.4 | 17.9% |
Top Suppliers of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms to the Philippines in 2022:
- South Korea (3649.8 tons)
- China (1169.1 tons)
- Singapore (413.8 tons)
- Taiwan (Chinese) (131.0 tons)
- Germany (85.1 tons)
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This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in the Philippines.
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This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in the Philippines.
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This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
66
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
56
This report provides an in-depth analysis of the market for vinyl acetate polymers in primary forms other than in aqueous dispersion in the Philippines.
54
This report provides an in-depth analysis of the market for vinyl acetate polymers in aqueous dispersion in primary forms in the Philippines.
81
This report provides an in-depth analysis of the global market for vinyl acetate polymers in primary forms other than in aqueous dispersion.
66
This report provides an in-depth analysis of the global market for vinyl acetate polymers in aqueous dispersion in primary forms.
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