Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China - 2023
Contents:
- Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (FOB) - 2023
- Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (CIF) - 2023
- Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China
- Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China
Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (FOB) - 2023
In December 2023, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $1,719 per ton, declining by -4.2% against the previous month. In general, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in March 2023 an increase of 4.3% against the previous month. The export price peaked at $2,373 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Russia ($2,330 per ton), while the average price for exports to Turkey ($1,515 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-1.5%), while the prices for the other major destinations experienced a decline.
Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (CIF) - 2023
In December 2023, the average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $3,096 per ton, growing by 8.3% against the previous month. In general, the import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in June 2023 an increase of 25% m-o-m. As a result, import price attained the peak level of $4,313 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,132 per ton), while the price for Malaysia ($1,500 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+5.2%), while the prices for the other major suppliers experienced a decline.
Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China
Exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses from China surged to 207K tons in 2022, jumping by 23% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses soared to $697M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.6 | 23.2 | 45.6 | 80.7 | 31.4% |
| Malaysia | 8.6 | 16.9 | 31.7 | 56.2 | 87.0% |
| South Korea | 14.7 | 18.9 | 40.4 | 54.4 | 54.7% |
| Germany | 14.8 | 6.4 | 6.9 | 41.9 | 41.5% |
| Netherlands | 22.6 | 14.6 | 22.0 | 39.8 | 20.8% |
| Indonesia | 17.6 | 12.2 | 22.0 | 37.7 | 28.9% |
| Brazil | 9.8 | 8.9 | 12.6 | 33.5 | 50.6% |
| Pakistan | 18.7 | 15.7 | 20.8 | 31.2 | 18.6% |
| Turkey | 15.4 | 11.8 | 19.5 | 30.0 | 24.9% |
| Russia | 7.0 | 5.9 | 12.7 | 29.1 | 60.8% |
| United States | 5.7 | 6.2 | 11.0 | 24.7 | 63.0% |
| Italy | 18.9 | 10.4 | 21.1 | 22.8 | 6.5% |
| Canada | 3.8 | 2.0 | 8.3 | 21.4 | 77.9% |
| Others | 107 | 73.9 | 121 | 194 | 21.9% |
| Total | 300 | 227 | 395 | 697 | 32.4% |
Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from China in 2022:
- India (23.3K tons)
- Germany (20.8K tons)
- South Korea (16.0K tons)
- Malaysia (14.6K tons)
- Indonesia (11.0K tons)
- Netherlands (10.8K tons)
- Brazil (9.9K tons)
- Turkey (9.0K tons)
- Pakistan (8.9K tons)
- Russia (7.7K tons)
- Italy (6.3K tons)
- United States (6.1K tons)
- Canada (5.8K tons)
Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China
After three years of growth, purchases abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses decreased by -24.6% to 33K tons in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.6%.
In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses reached $121M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 64.0 | 59.4 | 64.9 | 57.1 | -3.7% |
| Singapore | 18.2 | 15.5 | 15.8 | 15.9 | -4.4% |
| Taiwan (Chinese) | 10.6 | 9.0 | 13.6 | 13.9 | 9.5% |
| United States | 2.2 | 6.6 | 10.6 | 13.3 | 82.2% |
| United Kingdom | 3.8 | 6.2 | 8.9 | 11.3 | 43.8% |
| Italy | 2.2 | 2.3 | 2.0 | 4.6 | 27.9% |
| Malaysia | 0.3 | 1.5 | 1.4 | 1.7 | 78.3% |
| Others | 3.8 | 3.4 | 2.9 | 3.2 | -5.6% |
| Total | 105 | 104 | 120 | 121 | 4.8% |
Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to China in 2022:
- Japan (15.9K tons)
- Singapore (4.3K tons)
- Taiwan (Chinese) (3.6K tons)
- United States (2.6K tons)
- Malaysia (2.1K tons)
- United Kingdom (2.0K tons)
- Italy (1.1K tons)
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