2024 PVC Powder Global Trade Flow Analysis
The major exporters include the U.S., Taiwan of China, the Chinese mainland, Japan, South Korea, Middle Europe, etc. The resources in the U.S. mainly flow into South America, Europe, Africa, India, and China. The resources in the Chinese mainland mainly flow to India, Southeast Asia, Africa, Central Asia, and the Middle East. The resources in Taiwan of China, Japan, and South Korea mainly flow to India, the Chinese mainland, Southeast Asia, Australia, etc.
PVC Powder Global Trade Flow
Global PVC powder trade flow development:
1. The PVC powder resources in the U.S. benefit from the cost advantage of shale gas, so the price is relatively low, enjoying a certain price advantage globally. Therefore, the resources in the U.S. are mainly for exports, and the U.S. is one of the world’s major PVC powder exporters. However, the resources in the U.S. need a long time to be transported to Asia and other places, so attention should be paid to the transport freight and capacity.
2. India is the world’s largest importer of PVC powder, and the market competition in India is increasingly intense. Japan, South Korea, Taiwan of China, the Chinese mainland, and the U.S. regard India as the main export market. Currently, the resources from Taiwan of China have strong competitiveness in India’s market. In addition, because India does not impose tariffs on resources from Japan, granting them an obvious price advantage in India’s market. In the past three years, with the expiration of India’s anti-dumping policy, and China’s PVC powder market being a state of oversupply, China’s PVC powder resources have become one of the important sources of the Indian market due to price advantages.
3. Developing countries and regions, due to their relatively low level of urbanization, have significant room for growth in real estate and infrastructure development, which in turn creates substantial potential for increased demand for PVC powder. In addition to India, regions such as Africa and Southeast Asia have seen a steady increase in PVC powder demand in recent years, and most exhibit a fairly noticeable supply gap. Consequently, the volume of exports from North America and East Asia to these areas has increased.
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