Chinese Exports of PVC Coverings Jump to $5.7B with Booming Demand from the U.S.
Sep 6, 2021
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Chinese exports of PVC floor, wall and ceiling coverings spiked by +14.0% y-o-y to $5.7B, reaching the highest level over the past decade. From 2010 to 2020, exports of PVC coverings from China rose from 720M square meters to 5B square meters. China leads in global PVC coverings exports with a 75%-share of the total volume. The U.S. remains the key foreign market for PVC covering exports from China, accounting for 59% of the exports. Canada and Germany follow the U.S. in this ranking. In 2020, the average export price for Chinese PVC coverings amounted to $1.1 per square meter, falling by -6.4% y-o-y.