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PVC imports to Ukraine down by 14% in Jan-Jul 2020, exports up by 14%

August 14/2020

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Ukraine decreased in the first seven months of 2020 by 14% year on year to about 23,000 tonnes. Sales of Ukrainian PVC to foreign markets rose by 14% year on year, according to MRC"s DataScope report.

Last month"s SPVC imports to the Ukrainian market dropped to 1,700 tonnes from 3,500 tonnes in June, the introduction of an 18%  import duty significantly affected purchasing in foreign markets. Overall imports of suspension reached 23,000 tonnes in January-July 2020, compared to 26,900 tonnes a year earlier. The high level of capacity utilisation even amid strong demand  from the domestic market allowed the Ukrainian producer to increase its exports.

European producers with the share of about 82% of the total imports over the stated period were the key suppliers of resin to the Ukrainian market. Producers from the USA with the share of about 16% were the second largest suppliers.

Karpatneftekhim was forced to reduce its export sales last month because of stronger demand from the domestic market,  export sales of Ukrainian resin were 2,600 tonnes versus 12,700 tonnes in June. Overall, about 105,000 tonnes of PVC were shipped for export in January-July 2020, compared to 92,400 tonnes a year earlier.

Author:Margaret Volkova
Tags:Europe, PVC, SPVC, Karpatneftekhim, USA, Ukraine.
Category:General News
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