Southern Asia: Market for Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms 2025

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

In 2022, the South Asian market for non-plasticised mixed polyvinyl chloride in primary forms increased by 0.1% to $X, rising for the second year in a row after four years of decline. In general, consumption, however, faced a abrupt setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

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

In value terms, production of non-plasticised mixed polyvinyl chloride in primary forms reduced to $X in 2022 estimated in export price. In general, production showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 with an increase of 16%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports in Southern Asia

For the third year in a row, Southern Asia recorded decline in overseas shipments of non-plasticised mixed polyvinyl chloride in primary forms, which decreased by -18% to X tons in 2022. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 79%. Over the period under review, the exports of reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of non-plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of 76% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) and Pakistan (X tons) represented roughly 99% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of -10.8%).

In value terms, India ($X) remains the largest non-plasticised mixed polyvinyl chloride in primary forms supplier in Southern Asia, comprising 73% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 26% share of total exports.

In India, exports of non-plasticised mixed polyvinyl chloride in primary forms shrank by an average annual rate of -10.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by 42% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price reached 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 India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%).

Imports of Non-Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports in Southern Asia

In 2022, purchases abroad of non-plasticised mixed polyvinyl chloride in primary forms increased by 6.5% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of non-plasticised mixed polyvinyl chloride in primary forms reduced to $X in 2022. In general, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 114%. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) represented the largest importer of non-plasticised mixed polyvinyl chloride in primary forms, making up 53% of total imports. It was distantly followed by Bangladesh (X tons) and Nepal (X tons), together constituting a 41% share of total imports. Sri Lanka (X tons) and Pakistan (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 leading importing countries, was attained by Nepal (with a CAGR of +31.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Bangladesh ($X) and Nepal ($X) constituted the countries with the highest levels of imports in 2022, with a combined 92% share of total imports.

In terms of the main importing countries, Nepal, with a CAGR of +29.9%, 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 more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, which is down by -6.9% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 non-plasticised mixed polyvinyl chloride in primary forms increased by +72.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by 32% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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