In 2021, China's export volume of PVC paste resin reached a new high in five years

The export volume in 2021 was 77100 tons, an increase of 52500 tons over 2020, or 213.06%, reaching the export peak in recent five years. Among them, the export volume in December was 9200 tons, reaching the high point of export volume in the year, and the export volume in February was only 25000 tons, which was the low point of export volume in the year. On a monthly basis, the export volume in the first quarter of 2021 changed little compared with the same period last year. The export volume increased significantly from April. The main reason is that the domestic PVC paste resin market began to decline from April, the inventory pressure of some enterprises increased, and actively export to alleviate the inventory pressure. However, the demand for glove materials increased sharply from April 2020 due to the impact of international public health events, Therefore, most paste resin enterprises mainly meet domestic demand and reduce export orders. Therefore, the year-on-year increase of monthly export volume from April 2021 is obvious.

From the perspective of export trading partners, in 2021, China exported 16300 tons of PVC paste to India, ranking the first, and 15500 tons to Turkey, ranking the second. Affected by international public health events, the supply of PVC paste resin Market in Europe was unstable, and Turkey turned to China and Japan for procurement. Therefore, the increase in the supply of PVC paste resin exported by China to Turkey in 2021 was obvious. Compared with 2020, the export volume of some trading partners changed significantly, including 0200 tons exported to Tanzania, a decrease of 78.55% over last year.

The supply-demand side may still change significantly in 2022. Due to the large number of new production capacity in recent years, and there are still some new production capacity production plans in 2022, it is not ruled out that the output is still expected to increase. In addition to the rigid demand brand, some import dependence may continue to decrease, and PVC paste resin enterprises are still expected to increase export orders.