Northern America: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Northern America

After two years of growth, the North American polyvinyl chloride market decreased by -4.7% to $X in 2022. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +58.4% against 2019 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Polyvinyl Chloride Production in Northern America

In value terms, polyvinyl chloride production dropped dramatically to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when the production volume increased by 55% against the previous year. As a result, production attained the peak level of $X, and then contracted significantly in the following year.

Polyvinyl Chloride Exports

Exports in Northern America

After two years of decline, overseas shipments of polyvinyl chloride increased by 8.9% to X tons in 2022. Overall, exports, however, recorded a mild setback. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, polyvinyl chloride exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 42%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The United States dominates exports structure, resulting at X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Canada (X tons), constituting a 6.7% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to polyvinyl chloride exports from the United States stood at -1.9%. Canada experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest polyvinyl chloride supplier in Northern America, comprising 92% of total exports. The second position in the ranking was taken by Canada ($X), with an 8.2% share of total exports.

In the United States, polyvinyl chloride exports expanded at an average annual rate of +1.5% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 2.4% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride export price increased by +60.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when the export price increased by 53%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.3%).

Polyvinyl Chloride Imports

Imports in Northern America

After two years of growth, overseas purchases of polyvinyl chloride decreased by -3.1% to X tons in 2022. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of X tons, and then declined modestly in the following year.

In value terms, polyvinyl chloride imports expanded rapidly to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Canada represented the largest importing country with an import of around X tons, which resulted at 65% of total imports. It was distantly followed by the United States (X tons), constituting a 35% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Canada (with a CAGR of +1.8%).

In value terms, Canada ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, the United States, with a CAGR of +4.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, increasing by 11% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price 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, polyvinyl chloride import price increased by +61.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%).

Source: IndexBox Platform

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