U.S.: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in the U.S.

The U.S. market for plasticised mixed polyvinyl chloride in primary forms contracted slightly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in the U.S.

In value terms, production of plasticised mixed polyvinyl chloride in primary forms shrank slightly to $X in 2022. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from the U.S.

In 2022, exports of plasticised mixed polyvinyl chloride in primary forms from the United States contracted to X tons, reducing by -4.4% on the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 7.5% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms soared to $X in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from the United States, with a 59% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Mexico exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was held by Costa Rica (X tons), with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-0.4% per year) and Costa Rica (+2.1% per year).

In value terms, Mexico ($X) remains the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from the United States, comprising 55% of total exports. The second position in the ranking was held by Canada ($X), with a 16% share of total exports. It was followed by Costa Rica, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Mexico stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+2.1% per year) and Costa Rica (+4.3% per year).

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, increasing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and the Dominican Republic ($X per ton), while the average price for exports to Mexico ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into the U.S.

Imports of plasticised mixed polyvinyl chloride in primary forms into the United States fell notably to X tons in 2022, dropping by -29% compared with the previous year. Overall, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports reached the peak of X tons, and then fell notably in the following year.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms fell to $X in 2022. Over the period under review, imports continue to indicate a mild slump. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Canada (X tons), Mexico (X tons) and Malaysia (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to the United States, together comprising 69% of total imports. Costa Rica, China, Taiwan (Chinese), Spain, France and Thailand lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +206.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plasticised mixed polyvinyl chloride in primary forms suppliers to the United States were Mexico ($X), Canada ($X) and Costa Rica ($X), with a combined 72% share of total imports. China, Malaysia, France, Taiwan (Chinese), Spain and Thailand lagged somewhat behind, together accounting for a further 19%.

Spain, with a CAGR of +176.0%, saw the highest growth rate of the value of imports, among 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 plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, jumping by 25% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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