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PVC imports into Ukraine increased by 7% in January, exports up by 77%

February 12/2020

MOSCOW (MRC) - Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased by 7% in January of this year, compared to the same period in 2019 and reached about 4,100 tonnes. At the same time, sales of Ukrainian PVC to foreign markets dropped by 77% year on year, according to a MRC"s DataScope report.

Last month, suspension polyvinyl chloride (SPVC) import supplies to the Ukrainian market grew to 4,100 tonnes against 3,800 tonnes in January and 4,300 tonnes in December a year earlier, a slight increase in supplies fell to European producers. Overall imports of suspension reached 49,000 tonnes in 2019, compared to 66,100 tonnes a year earlier.

Weaker demand for PVC in the domestic market made some producers to increase exports. European producers with the share of about 71% of the total imports were the key suppliers of resin to the Ukrainian market in 2019.

Producers from the USA with the share of about 29% were the second largest suppliers. A high level of capacity utilisation and a seasonal reduction in demand from Ukrainian consumers made the local producer Karpatneftekhim to significantly increase export sales.

Over 26,300 tonnes of SPVC were shipped to foreign markets last month, whereas in January and December 2019, this figure was 14,800 tonnes and 12,900 tonnes, respectively. Last year"s PVC exports from the country were more than 163.300 tonnes.
Author:Anna Larionova
Tags:PVC, EPVC, SPVC, Ukraine.
Category:General News
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