Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines - 2023

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (CIF) - 2022
  2. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (FOB) - 2022
  3. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines
  4. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (CIF) - 2022

In 2022, the average import price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $2,341 per ton, declining by -26% against the previous year. In general, the import price, however, saw a measured expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 103%. Over the period under review, average import prices attained the peak figure at $5,570 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($9,242 per ton), while the price for India ($1,699 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (FOB) - 2022

In 2022, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $453 per ton, shrinking by -5.2% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of 36%. As a result, the export price attained the peak level of $1,625 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +9.1% per year.

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines

In 2022, purchases abroad of polyvinyl acetate; in aqueous dispersion, in primary formses was finally on the rise to reach 142 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous slump.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses declined rapidly to $333K in 2022. Over the period under review, imports, however, showed a precipitous slump.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia30545.916.9197-13.6%
India44.026.646.872.718.2%
Thailand40.519.613.229.8-9.7%
Japan52639299.219.1-66.9%
Italy6.41.70.19.413.7%
South Korea1,09610266.10.6-91.8%
Vietnam36.930.5118N/A78.8%
Taiwan (Chinese)9.51134.3N/A-32.7%
Others15670.761.34.7-68.9%
Total2,221802426333-46.9%

Top Suppliers of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms to the Philippines in 2022:

  1. Indonesia (80.0 tons)
  2. India (42.8 tons)
  3. Thailand (12.0 tons)
  4. Italy (3.1 tons)
  5. Japan (2.5 tons)
  6. South Korea (0.1 tons)

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines

Exports of polyvinyl acetate; in aqueous dispersion, in primary formses from the Philippines reached 35 tons in 2022, growing by 4.5% against the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses dropped to $16K in 2022. Overall, exports, however, saw a mild setback.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia11.116.216.115.912.7%
Malaysia5.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.416.216.115.9-1.0%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from the Philippines in 2022:

  1. Australia (35.2 tons)

Source: IndexBox Market Intelligence Platform

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