Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand - 2024

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (CIF) - 2024
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (FOB) - 2024
  3. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand
  4. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (CIF) - 2024

The average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $2,804 per ton in January 2024, rising by 2.4% against the previous month. Overall, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 16% m-o-m. The import price peaked at $3,828 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Singapore ($4,186 per ton), while the price for China ($2,261 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (FOB) - 2024

The average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses stood at $2,050 per ton in January 2024, waning by -3.6% against the previous month. In general, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in August 2023 an increase of 74% m-o-m. As a result, the export price attained the peak level of $4,458 per ton. From September 2023 to January 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Myanmar ($3,478 per ton), while the average price for exports to Indonesia ($850 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand

In 2022, the amount of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses imported into Thailand reduced to 10K tons, which is down by -10.6% on 2021 figures. Over the period under review, imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 8.1% against the previous year. As a result, imports attained the peak of 12K tons, and then dropped in the following year.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses surged to $49M in 2022. In general, imports, however, showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.43.47.317.748.5%
Japan9.810.712.115.416.3%
Taiwan (Chinese)7.05.76.38.15.0%
United States1.11.62.93.851.2%
Singapore0.40.60.91.555.4%
IndiaN/AN/A0.11.11000.0%
Malaysia0.10.40.2N/A41.4%
Others0.80.81.62.035.7%
Total24.623.231.349.526.2%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Thailand in 2022:

  1. China (3.9K tons)
  2. Japan (2.9K tons)
  3. Taiwan (Chinese) (1.8K tons)
  4. Singapore (0.5K tons)
  5. India (0.5K tons)
  6. United States (0.5K tons)

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand

In 2022, shipments abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses decreased by -15.5% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, the exports attained the peak of 1.5K tons, and then fell sharply in the following year.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses surged to $6.2M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 92%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh1,0521,1831,8393,18844.7%
Vietnam6324125591,47332.6%
MyanmarN/A24.12451,288631.1%
Lao People's Democratic Republic88.842.170.317926.3%
Spain98.3N/AN/A65.3-12.7%
IndonesiaN/AN/A13.113.96.1%
IndiaN/A7.1264N/A3618.3%
Saudi ArabiaN/A34.1188N/A451.3%
Others35.87.396.018.4-19.9%
Total1,9071,7103,2766,22648.3%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Thailand in 2022:

  1. Bangladesh (702.7 tons)
  2. Vietnam (342.2 tons)
  3. Myanmar (139.3 tons)
  4. Lao People's Democratic Republic (48.6 tons)
  5. Spain (22.3 tons)
  6. Indonesia (20.4 tons)

Source: IndexBox Market Intelligence Platform

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