Australia: Market for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms 2024

Market Size for Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in Australia

The Australian market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms in Australia

In value terms, production of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded rapidly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Exports from Australia

In 2022, approx. X tons of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were exported from Australia; reducing by X% compared with the year before. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms skyrocketed to $X in 2022. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Australia, accounting for a X% share of total exports. Moreover, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and the Philippines (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms exports from Australia, comprising X% of total exports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

The average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced a decline.

Imports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms

Imports into Australia

In 2022, approx. X tons of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were imported into Australia; with an increase of X% against 2021 figures. Overall, imports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded markedly to $X in 2022. In general, imports, however, recorded a slight descent. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and South Korea (X tons) were the main suppliers of imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to Australia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), South Korea ($X) and Belgium ($X) were the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers suppliers to Australia, with a combined X% share of total imports.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms stood at $X per ton in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform