Analysis of Import and Export Data of Paste PVC Resin in China in 2023

According to the latest customs statistics, in December 2023, the import volume of paste resin in China was 9000 tons, which is basically the same as the previous month and has not changed much; The export volume was 10000 tons, a decrease of 23.8% month on month and a year-on-year increase of 14.1%. In December, China's export volume of resin paste decreased significantly month on month, mainly due to the narrow rise in the domestic resin paste market that month and the low winter procurement demand in the Russian region. Considering the recent good performance of domestic glove product enterprises, the import volume of paste resin in January will remain at a relatively high level. The export volume will be affected by the Spring Festival holiday and weak overseas downstream demand, and it is difficult to see a significant breakthrough in the export volume of paste resin in the future.

In 2023, China imported a total of 78000 tons of paste resin, a decrease of 0.5% compared to the same period last year, and exported 147000 tons of paste resin, an increase of 38.4% compared to the same period last year. In the past three years, China's foreign trade of resin paste has shown a trend of decreasing import volume and increasing export volume year by year, mainly affected by the increase in domestic resin paste production capacity and the continuous improvement of product quality.

2023 China's import and export statistics of paste resin (unit: 10000 tons)

According to the statistics of import sources, in 2023, China's paste resins will mainly come from Taiwan, China, Thailand and Germany, accounting for 33.8%, 20.7% and 19.3% respectively. According to export destination statistics, in 2023, China's paste resin was mainly sold to Russia, India, and Pakistan, with export volumes accounting for 57.7%, 14.3%, and 4.0%, respectively.

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