Eastern Asia: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

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

In 2022, the East Asian market for non-plasticised mixed polyvinyl chloride in primary forms decreased by -0.3% to $X, falling for the second consecutive year after nine years of growth. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.7% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms in Eastern Asia

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms totaled $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 -2.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 18%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports in Eastern Asia

For the sixth consecutive year, Eastern Asia recorded growth in overseas shipments of non-plasticised mixed polyvinyl chloride in primary forms, which increased by 13% to X tons in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.6% 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 +44.4% against 2015 indices. The pace of growth was the most pronounced in 2015 when exports increased by 24%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +109.3% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Taiwan (Chinese) was the major exporting country with an export of about X tons, which reached 66% of total exports. It was distantly followed by China (X tons), committing a 33% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-plasticised mixed polyvinyl chloride in primary forms exports from Taiwan (Chinese) stood at +3.2%. At the same time, China (+27.9%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +27.9% from 2012-2022. China (+28 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by -25.8% from 2012 to 2022, respectively.

In value terms, the largest non-plasticised mixed polyvinyl chloride in primary forms supplying countries in Eastern Asia were China ($X) and Taiwan (Chinese) ($X).

China, with a CAGR of +32.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, picking up by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%).

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports in Eastern Asia

In 2022, purchases abroad of non-plasticised mixed polyvinyl chloride in primary forms decreased by -13.5% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 2.3%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms dropped dramatically to $X in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) represented the major importer of non-plasticised mixed polyvinyl chloride in primary forms, creating 58% of total imports. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with a 31% share, followed by South Korea (7.8%). Japan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +12.6%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported non-plasticised mixed polyvinyl chloride in primary forms in Eastern Asia, comprising 63% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 21% share of total imports. It was followed by South Korea, with a 13% share.

In China, imports of non-plasticised mixed polyvinyl chloride in primary forms shrank by an average annual rate of -13.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+7.4% per year) and South Korea (+21.3% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with a decrease of -17.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2021 an increase of 25%. As a result, import price reached the peak level of $X per ton, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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