Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan - 2023
Contents:
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (FOB) - 2023
- Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (CIF) - 2022
- Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan
- Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (FOB) - 2023
The average export price for vinyl chloride polymers; waste, parings and scraps stood at $185 per ton in November 2023, dropping by -13.1% against the previous month. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 9.2% month-to-month. The export price peaked at $452 per ton in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Taiwan (Chinese) ($372 per ton), while the average price for exports to Malaysia ($91.0 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.1%), while the prices for the other major destinations experienced a decline.
Price for Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (CIF) - 2022
The average import price for vinyl chloride polymers; waste, parings and scraps stood at $152 per ton in 2022, declining by -48.1% against the previous year. Overall, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 117% against the previous year. Over the period under review, average import prices attained the peak figure at $1,459 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +111.0% per year.
Exports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan
In 2022, overseas shipments of vinyl chloride polymers; waste, parings and scraps decreased by -21.4% to 31K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, the exports attained the peak of 74K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vinyl chloride polymers; waste, parings and scraps declined significantly to $15M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.9 | 2.5 | 17.8 | 10.6 | 54.0% |
| Taiwan (Chinese) | 7.5 | 8.5 | 0.8 | 2.6 | -29.8% |
| United States | N/A | N/A | 0.5 | 2.0 | 300.0% |
| India | 7.7 | 8.7 | 0.1 | 0.1 | -76.5% |
| Hong Kong SAR | 0.2 | 0.4 | N/A | N/A | 100.0% |
| Vietnam | 0.4 | 1.0 | 0.1 | N/A | -50.0% |
| Malaysia | 0.9 | 0.8 | N/A | N/A | -11.1% |
| Others | 0.8 | 1.3 | 0.1 | N/A | -64.6% |
| Total | 20.3 | 23.2 | 19.4 | 15.4 | -8.8% |
Top Export Markets for Vinyl Chloride Polymers; Waste, Parings and Scrap from Japan in 2022:
- South Korea (20.6K tons)
- Taiwan (Chinese) (5.3K tons)
- United States (5.1K tons)
- India (0.2K tons)
Imports of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan
Imports of vinyl chloride polymers; waste, parings and scraps into Japan surged to 321 tons in 2022, rising by 66% against the year before. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,478% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vinyl chloride polymers; waste, parings and scraps reduced to $49K in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 512% against the previous year.
| Import of Vinyl Chloride Polymers; Waste, Parings and Scrap in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 47.8 | N/A | N/A | 48.5 | 0.5% |
| Poland | N/A | N/A | 56.5 | N/A | 0% |
| Others | 13.3 | 9.2 | N/A | 0.2 | -75.3% |
| Total | 61.1 | 9.2 | 56.5 | 48.6 | -7.3% |
Top Suppliers of Vinyl Chloride Polymers; Waste, Parings and Scrap to Japan in 2022:
- Philippines (320.0 tons)
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