Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore - 2022
Contents:
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (CIF) - 2022
- Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (FOB) - 2022
- Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore
- Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (CIF) - 2022
In 2022, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $2,615 per ton, growing by 15% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +143.6% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,104 per ton), while the price for Indonesia ($1,142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (FOB) - 2022
The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $4,343 per ton in September 2022, approximately reflecting the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 29% against the previous month. As a result, the export price reached the peak level of $5,538 per ton. From June 2022 to September 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was Thailand ($7,282 per ton), while the average price for exports to Bangladesh ($1,723 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore
In 2022, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses into Singapore dropped markedly to 48K tons, which is down by -18.9% compared with 2021. In general, imports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 59K tons, and then reduced rapidly in the following year.
In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses contracted to $126M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $135M, and then contracted in the following year.
| Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.8 | 26.4 | 30.2 | 27.6 | 5.1% |
| Indonesia | 14.2 | 14.7 | 30.2 | 26.2 | 22.7% |
| China | 16.5 | 14.1 | 13.4 | 18.0 | 2.9% |
| Thailand | 8.4 | 8.8 | 12.3 | 7.4 | -4.1% |
| Taiwan (Chinese) | 12.0 | 9.3 | 10.9 | 7.3 | -15.3% |
| Japan | 6.1 | 5.1 | 8.6 | 5.6 | -2.8% |
| Malaysia | 4.0 | 2.5 | 4.2 | 4.3 | 2.4% |
| Others | 15.8 | 20.6 | 24.9 | 29.4 | 23.0% |
| Total | 101 | 101 | 135 | 126 | 7.7% |
Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Singapore in 2022:
- Indonesia (23.0K tons)
- Taiwan (Chinese) (5.5K tons)
- Thailand (4.6K tons)
- United States (4.2K tons)
- Malaysia (2.6K tons)
- China (2.3K tons)
- Japan (1.8K tons)
Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore
For the third consecutive year, Singapore recorded decline in shipments abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses, which decreased by -0.7% to 38K tons in 2022. Over the period under review, exports showed a abrupt curtailment.
In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $117M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 18.8 | 14.5 | 17.2 | 19.3 | 0.9% |
| Indonesia | 13.2 | 9.1 | 8.9 | 14.2 | 2.5% |
| China | 6.0 | 6.5 | 13.1 | 14.1 | 33.0% |
| South Korea | 3.2 | 6.3 | 9.6 | 11.4 | 52.7% |
| Thailand | 2.6 | 2.3 | 5.0 | 8.1 | 46.1% |
| India | 5.5 | 4.7 | 5.9 | 6.8 | 7.3% |
| United States | 0.1 | 1.9 | 3.3 | 6.4 | 300.0% |
| Netherlands | 1.4 | 1.8 | 2.1 | 5.2 | 54.9% |
| Bangladesh | 7.8 | 7.3 | 6.0 | 5.1 | -13.2% |
| Philippines | 2.8 | 2.5 | 4.2 | 4.1 | 13.6% |
| Taiwan (Chinese) | 1.5 | 2.0 | 2.1 | 2.8 | 23.1% |
| Australia | 2.6 | 3.3 | 3.2 | 2.3 | -4.0% |
| Sri Lanka | 3.6 | 3.5 | 2.9 | 2.3 | -13.9% |
| Others | 14.4 | 10.0 | 11.9 | 14.5 | 0.2% |
| Total | 83.5 | 75.6 | 95.4 | 117 | 11.9% |
Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Singapore in 2022:
- Malaysia (7.0K tons)
- Indonesia (5.1K tons)
- Bangladesh (4.3K tons)
- China (3.2K tons)
- India (3.1K tons)
- Philippines (2.0K tons)
- Netherlands (1.7K tons)
- Thailand (1.4K tons)
- Sri Lanka (1.3K tons)
- Taiwan (Chinese) (1.2K tons)
- South Korea (1.2K tons)
- Australia (1.1K tons)
- United States (0.7K tons)
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