Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Saudi Arabia - 2022

Contents:

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

Price for Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Saudi Arabia (CIF) - 2022

The average import price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses stood at $2,180 per ton in 2022, reducing by -3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $2,251 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,894 per ton), while the price for Germany amounted to $2,142 per ton.

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 Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Saudi Arabia (FOB) - 2022

In 2022, the average export price for vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses amounted to $1,166 per ton, falling by -11.3% against the previous year. Over the period under review, the export price showed a mild decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 29%. Over the period under review, the average export prices attained the peak figure at $1,606 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($1,397 per ton), while the average price for exports to Kuwait stood at $1,086 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+1.5%), while the prices for the other major destinations experienced a decline.

Imports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Saudi Arabia

In 2022, after three years of growth, there was significant decline in supplies from abroad of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses, when their volume decreased by -18.2% to 3.9K tons. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 4.8K tons, and then declined significantly in the following year.

In value terms, imports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses shrank dramatically to $8.5M in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $11M, and then contracted notably in the following year.

Top Suppliers of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms to Saudi Arabia in 2022:

1. Germany (3.2K tons)
2. China (0.3K tons)

Exports of Vinyl Acetate Copolymers; (Other than in Aqueous Dispersion), in Primary Forms in Saudi Arabia

Exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses from Saudi Arabia reduced markedly to 657 tons in 2022, shrinking by -36.8% on 2021 figures. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 689%. As a result, the exports attained the peak of 1K tons, and then fell notably in the following year.

In value terms, exports of vinyl acetate copolymers; (other than in aqueous dispersion), in primary formses declined remarkably to $766K in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 729%. As a result, the exports reached the peak of $1.4M, and then declined notably in the following year.

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

1. Kuwait (489.3 tons)
2. Jordan (168.1 tons)

Source: IndexBox Market Intelligence Platform