ASEAN: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2025

Market Size for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in ASEAN

The ASEAN market for non-plasticised mixed polyvinyl chloride in primary forms amounted to $X in 2022, with an increase of 3.2% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.8% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in ASEAN

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms declined to $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.3% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 27% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports in ASEAN

In 2022, approx. X tons of non-plasticised mixed polyvinyl chloride in primary forms were exported in ASEAN; with an increase of 1.5% against the previous year's figure. Total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +2.2% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of 54%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms rose markedly to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 54% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Thailand was the largest exporter of non-plasticised mixed polyvinyl chloride in primary forms in ASEAN, with the volume of exports accounting for X tons, which was near 63% of total exports in 2022. Singapore (X tons) took the second position in the ranking, distantly followed by Vietnam (X tons) and Malaysia (X tons). All these countries together took approx. 36% share of total exports.

Thailand was also the fastest-growing in terms of the non-plasticised mixed polyvinyl chloride in primary forms exports, with a CAGR of +19.5% from 2012 to 2022. Singapore (-2.1%), Vietnam (-5.0%) and Malaysia (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by +49 percentage points.

In value terms, Thailand ($X) remains the largest non-plasticised mixed polyvinyl chloride in primary forms supplier in ASEAN, comprising 72% of total exports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total exports. It was followed by Vietnam, with an 8.5% share.

In Thailand, exports of non-plasticised mixed polyvinyl chloride in primary forms expanded at an average annual rate of +24.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (-3.4% per year) and Vietnam (-4.7% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 when the export price increased by 13% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports in ASEAN

In 2022, approx. X tons of non-plasticised mixed polyvinyl chloride in primary forms were imported in ASEAN; rising by 54% compared with the previous year's figure. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 57% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Over the period under review, imports recorded buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 42%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Myanmar represented the key importer of non-plasticised mixed polyvinyl chloride in primary forms in ASEAN, with the volume of imports accounting for X tons, which was near 40% of total imports in 2022. Thailand (X tons) ranks second in terms of the total imports with a 16% share, followed by Singapore (12%), Vietnam (9.7%), Malaysia (7.2%), Cambodia (5.4%) and Indonesia (5.2%).

Myanmar was also the fastest-growing in terms of the non-plasticised mixed polyvinyl chloride in primary forms imports, with a CAGR of +64.9% from 2012 to 2022. At the same time, Thailand (+18.1%), Singapore (+12.6%), Indonesia (+7.4%), Vietnam (+5.4%), Malaysia (+5.1%) and Cambodia (+2.2%) displayed positive paces of growth. From 2012 to 2022, the share of Myanmar and Thailand increased by +39 and +4.4 percentage points, respectively.

In value terms, Myanmar ($X), Thailand ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 55% of total imports.

Myanmar, with a CAGR of +50.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, shrinking by -15.7% against the previous year. Overall, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when the import price increased by 9.6%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform