Portugal: 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 Portugal

The Portuguese market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms rose significantly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports from Portugal

In 2022, shipments abroad of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms decreased by X% to X tons, falling for the third year in a row after three years of growth. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms surged to $X in 2022. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X tons), Colombia (X tons) and Turkey (X tons) were the main destinations of exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms from Portugal, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) remains the key foreign market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Turkey (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, with an increase of X% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Colombia ($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 Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Portugal

In 2022, supplies from abroad of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms rose slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

France (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms to Portugal, together accounting for X% of total imports. South Korea and Japan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers suppliers to Portugal were Germany ($X), France ($X) and Spain ($X), with a combined X% share of total imports. South Korea and Japan lagged somewhat behind, together comprising a further X%.

Japan, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform