Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan - 2023

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (FOB) - 2023
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (CIF) - 2022
  3. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan
  4. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (FOB) - 2023

The average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,609 per ton in November 2023, falling by -6.7% against the previous month. Overall, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in June 2023 an increase of 19% m-o-m. As a result, the export price reached the peak level of $2,306 per ton. From July 2023 to November 2023, the the average export prices remained 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 the United States ($11,573 per ton), while the average price for exports to India ($922 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 Taiwan (Chinese) (+0.9%), while the prices for the other major destinations experienced a decline.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (CIF) - 2022

In 2022, the average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $19,815 per ton, with an increase of 37% against the previous year. Over the period under review, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 48%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,512 per ton), while the price for Taiwan (Chinese) ($1,509 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan

Exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses from Japan declined to 722K tons in 2022, which is down by -7% compared with the previous year. Overall, exports recorded a deep contraction. The smallest decline of -0.6% was in 2020.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses declined modestly to $1.7B in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, the exports attained the peak of $1.8B, and then reduced in the following year.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4524196155114.2%
China2392823242866.2%
United States18514219524710.1%
Vietnam11212214815411.2%
South Korea91.089.498.71116.8%
Taiwan (Chinese)45.247.359.157.38.2%
Thailand57.446.562.156.3-0.6%
Hong Kong SAR20.618.130.314.3-11.5%
Others20117924129613.8%
Total1,4031,3461,7741,7337.3%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Japan in 2022:

  1. India (374.5K tons)
  2. Vietnam (101.4K tons)
  3. China (98.6K tons)
  4. Thailand (34.7K tons)
  5. South Korea (19.9K tons)
  6. United States (19.0K tons)
  7. Taiwan (Chinese) (16.2K tons)
  8. Hong Kong SAR (6.3K tons)

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan

After two years of decline, purchases abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by 10% to 22K tons in 2022. Over the period under review, imports, however, recorded a deep reduction.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $442M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States80.497.213016025.8%
China70.543.466.212922.3%
France12.912.316.835.139.6%
Germany18.416.728.531.019.0%
South Korea8.66.45.66.0-11.3%
Taiwan (Chinese)1.20.91.32.120.5%
Malaysia2.53.72.31.7-12.1%
Vietnam2.51.90.70.6-37.9%
Others42.138.741.775.921.7%
Total23922129344222.7%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Japan in 2022:

  1. China (5.9K tons)
  2. United States (4.0K tons)
  3. South Korea (2.9K tons)
  4. Germany (2.6K tons)
  5. Taiwan (Chinese) (1.4K tons)
  6. France (1.4K tons)
  7. Malaysia (0.8K tons)
  8. Vietnam (0.3K tons)

Source: IndexBox Market Intelligence Platform

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