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PVC imports to Ukraine fell by 32% in 2020, exports down by 5%

January 19/2021

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Ukraine slumped in 2020 by 32% year on year to 33,400 tonnes. Sales of Ukrainian polyvinyl chloride (PVC) to foreign markets dropped by 5% year on year in favour of the domestic market, according to a MRC"s DataScope report.

Last month"s SPVC imports into the Ukrainian market rose to 2,400 tonnes from 2,100 tonnes in November, shipments of resin from Europe increased. Overall imports of suspension reached 33,400 tonnes in 2020, compared to 49,000 tonnes a year earlier. At the same time, stronger demand from the domestic market amid the increased capacity utilisation of the Ukrainian producer led to lower export sales.

European producers with the share of about 83% 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 15% were the second largest suppliers.

Last month, Karpatneftekhim significantly increased sales in the foreign markets on the back of record high global prices, export sales of Ukrainian resin were 15,800 tonnes versus 3,200 tonnes in November. Overall, about 155,300 tonnes of PVC were shipped for export in 2020, compared to 163,300 tonnes a year earlier.
Author:Margaret Volkova
Tags:Europe, PVC, SPVC, Karpatneftekhim, USA, Ukraine.
Category:General News
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