Northern America: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Northern America

After three years of growth, the North American market for pure polyvinyl chloride in primary forms decreased by -10% to $X in 2022. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Pure Polyvinyl Chloride in Primary Forms in Northern America

In value terms, production of pure polyvinyl chloride in primary forms shrank to $X in 2022 estimated in export price. In general, production recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by 4.7%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports in Northern America

In 2022, shipments abroad of pure polyvinyl chloride in primary forms was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a mild setback. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of pure polyvinyl chloride in primary forms expanded rapidly 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United States dominates forms structure, resulting at X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Canada (X tons), creating a 7.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pure polyvinyl chloride in primary forms exports from the United States stood at -2.0%. At the same time, Canada (+1.1%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.1% from 2012-2022. While the share of Canada (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-1.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest pure polyvinyl chloride in primary forms supplier in Northern America, comprising 92% of total exports. The second position in the ranking was held by Canada ($X), with an 8.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +1.5%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, with a decrease of -5.7% against the previous year. Export price indicated a moderate increase 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, export price for pure polyvinyl chloride in primary forms increased by +60.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by 67% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Average prices varied noticeably 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 (+4.4%).

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports in Northern America

After two years of growth, purchases abroad of pure polyvinyl chloride in primary forms decreased by -2.1% to X tons in 2022. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, imports of pure polyvinyl chloride in primary forms rose remarkably to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 73%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Canada (X tons) was the largest importer of pure polyvinyl chloride in primary forms, making up 66% of total imports. It was distantly followed by the United States (X tons), constituting a 34% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of +2.5%).

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

In terms of the main importing countries, Canada, with a CAGR of +5.9%, 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, picking up by 10% against the previous year. Import price indicated a notable 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, import price for pure polyvinyl chloride in primary forms increased by +66.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady 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 amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%).

Source: IndexBox Platform

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