China PVC Downstream Product Export Rose
Overview: PVC floor covering exports still accounted for a relatively large proportion of exports, while others took up low proportions. However, in recent two years, the export volume of other downstream products such as pipe, profile, plate, sheet, film, etc. saw a Y-O-Y increase.
PVC floor covering: From January to May 2024, the total export volume of PVC floor coverings was 1,929.6kt, up 10.81% Y-O-Y. The main export destinations were the U.S., Canada, Germany, and Australia. China’s domestic floor products are mainly exported to developed countries in Europe and the U.S. Although the procurement demand of some European and American countries has shifted to Vietnam and other regions in the early stage, the impact of the U.S. customs traceability inspection has weakened, so the stability of China’s floor export has also increased.
PVC pipe: From January to May 2024, the total export volume of PVC pipe was 65kt, up 20.33% Y-O-Y. The main export destinations were Myanmar, Hong Kong of China, the U.S., and Thailand.
PVC special-shaped profile: From January to May 2024, the total export volume of PVC special-shaped profile was 46.9kt, up 9.9%. The main export destinations were India, Guatemala, Thailand, the U.S., and Indonesia.
PVC plate, sheet, film, foil, and fillet: From January to May 2024, the total export volume of PVC plate, sheet, film, foil, and fillet was 226.8kt, up 32.43% Y-O-Y. Vietnam, India, the U.S., and Thailand were the main export destinations. Orders at China’s domestic film enterprise remained stable, and the average operating rate of China’s film enterprises hovered at 70%-80%. The film can be mainly divided into packaging film, winding film, inflatable film, printing film, decorative film, floor film, and so on.
From January to May 2024, the export volume of PVC plate, sheet, film, foil, and fillet saw a notable increase. Against the backdrop of weak domestic consumption, China’s PVC downstream enterprises actively find more export opportunities.
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