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

Contents:

1. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Portugal (CIF) - 2023
2. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Portugal (FOB) - 2022
3. Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Portugal
4. Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Portugal

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

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,864 per ton in November 2023, reducing by -19.9% against the previous month. In general, import price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses increased by +14.7% against September 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 63% m-o-m. The import price peaked at $2,862 per ton in July 2023; however, from August 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($4,483 per ton), while the price for Spain amounted to $1,489 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $671 per ton in 2021, falling by -65% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 86% against the previous year. The export price peaked at $3,545 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Sao Tome and Principe amounted to +98.2% per year.

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

Imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses into Portugal was estimated at 283 tons in 2022, growing by 8.1% against 2021. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% 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 +53.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses reached $434K in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.0% 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 +70.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 66%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Spain (275.9 tons)
2. United Kingdom (1.0 tons)

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

After two years of growth, shipments abroad of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses decreased by -87.1% to 2 tons in 2021. Overall, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 209%. As a result, the exports reached the peak of 15 tons, and then declined markedly in the following year.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses fell significantly to $1.3K in 2021. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 474%. As a result, the exports reached the peak of $30K, and then dropped remarkably in the following year.

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

1. France (2.0 tons)

Source: IndexBox Market Intelligence Platform