China - Vinyl Chloride (Chloroethylene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinyl Chloride Price in China - 2023
Contents:
- Vinyl Chloride Price in China (CIF) - 2023
- Vinyl Chloride Price in China (FOB) - 2023
- Vinyl Chloride Imports in China
- Vinyl Chloride Exports in China
Vinyl Chloride Price in China (CIF) - 2023
In June 2023, the average vinyl chloride import price amounted to $593 per ton, falling by -6.4% against the previous month. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in March 2023 an increase of 14% against the previous month. The import price peaked at $1,115 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($615 per ton), while the price for South Korea totaled $587 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (-4.4%).
Vinyl Chloride Price in China (FOB) - 2023
The average vinyl chloride export price stood at $593 per ton in June 2023, dropping by -2.8% against the previous month. Overall, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in January 2023 an increase of 17% month-to-month. The export price peaked at $994 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Vietnam ($625 per ton), while the average price for exports to India totaled $581 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Vinyl Chloride Imports in China
Vinyl chloride imports into China dropped to 922K tons in 2022, declining by -4.8% against 2021. In general, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 1.4% against the previous year.
In value terms, vinyl chloride imports contracted significantly to $861M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 +35.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of $1.1B, and then dropped rapidly in the following year.
| Import of Vinyl Chloride in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 337 | 333 | 596 | 478 | 12.4% |
| South Korea | 101 | 113 | 157 | 81.8 | -6.8% |
| United States | 26.4 | 7.4 | N/A | N/A | -72.0% |
| Taiwan (Chinese) | 225 | N/A | N/A | N/A | 0% |
| Others | N/A | 180 | 325 | 301 | 29.3% |
| Total | 689 | 633 | 1,079 | 861 | 7.7% |
Top Suppliers of Vinyl Chloride to China in 2022:
- Japan (522.9K tons)
- South Korea (92.9K tons)
Vinyl Chloride Exports in China
In 2022, approx. 120K tons of vinyl chloride (chloroethylene) were exported from China; increasing by 48% on 2021 figures. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 168%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, vinyl chloride exports skyrocketed to $108M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 343%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Vinyl Chloride in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 36.0 | 7.5 | 46.9 | 53.8 | 14.3% |
| South Korea | 1.9 | 7.4 | 29.8 | 32.2 | 156.9% |
| Japan | N/A | N/A | N/A | 10.1 | 0% |
| India | 11.3 | 4.0 | 14.7 | 6.1 | -18.6% |
| Malaysia | N/A | N/A | N/A | 3.0 | 0% |
| Indonesia | N/A | N/A | N/A | 1.7 | 0% |
| Pakistan | 8.9 | 1.8 | N/A | 1.5 | -44.8% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 58.1 | 20.6 | 91.4 | 108 | 23.0% |
Top Export Markets for Vinyl Chloride from China in 2022:
- Vietnam (54.4K tons)
- South Korea (39.2K tons)
- Japan (10.2K tons)
- India (8.8K tons)
- Indonesia (3.0K tons)
- Malaysia (3.0K tons)
- Pakistan (1.2K tons)
This report provides an in-depth analysis of the vinyl chloride market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141371 - Vinyl chloride (chloroethylene)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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