Global Vinyl Chloride Market 2024

Vinyl Chloride Market Size

After two years of growth, the global vinyl chloride market decreased by X% to $X in 2022. Over the period under review, consumption saw a mild slump. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Vinyl Chloride Production

In value terms, vinyl chloride production totaled $X in 2022 estimated in export price. Overall, production, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Vinyl Chloride Exports

Exports

In 2022, approx. X tons of vinyl chloride (chloroethylene) were exported worldwide; waning by X% on 2021 figures. Over the period under review, total exports indicated a notable 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, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure at X tons in 2021, and then reduced modestly in the following year.

In value terms, vinyl chloride exports reduced to $X in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, the United States (X tons) and Japan (X tons) were the major exporters of vinyl chloride (chloroethylene)in the world, together creating X% of total exports. Norway (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%) and Taiwan (Chinese) (X%). The following exporters - Indonesia (X tons), Germany (X tons), South Korea (X tons), the Netherlands (X tons), France (X tons), China (X tons) and Thailand (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together comprising X% of global exports. Taiwan (Chinese), Norway, Indonesia, the Netherlands, Germany, France, South Korea, China and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vinyl chloride export price amounted to $X per ton, leveling off at the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price 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, vinyl chloride export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Norway ($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 other global leaders experienced more modest paces of growth.

Vinyl Chloride Imports

Imports

In 2022, approx. X tons of vinyl chloride (chloroethylene) were imported worldwide; falling by X% on 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, vinyl chloride imports declined dramatically to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by India (X tons), Colombia (X tons), Vietnam (X tons), France (X tons) and Canada (X tons) represented the key importers of vinyl chloride (chloroethylene), together constituting X% of total imports. The Netherlands (X tons), Portugal (X tons), the UK (X tons), the Philippines (X tons), Taiwan (Chinese) (X tons), Indonesia (X tons) and South Korea (X tons) followed a long way behind the leaders.

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

In value terms, the largest vinyl chloride importing markets worldwide were China ($X), India ($X) and Colombia ($X), together accounting for X% of global imports. Vietnam, France, Portugal, Canada, the Philippines, the Netherlands, Indonesia, the UK, Taiwan (Chinese) and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vinyl chloride import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price 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, vinyl chloride import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price reached 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 Portugal ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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