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Home> Blog> Analysis of import and export data for PVC suspension resin and PVC paste resin

Analysis of import and export data for PVC suspension resin and PVC paste resin

April 02, 2024

Qq 20211027165427 Png

Introduction: In the second half of 2023, PVC glove export orders began to improve, and the price of PVC Paste Resin increased, which to some extent boosted the market transaction atmosphere. The export volume of PVC gloves from January to February 2024 has increased compared to previous years, but the export volume of raw PVC has not changed much, but the import quantity has increased significantly. The editor will conduct a simple analysis of recent import and export data.

PVC gloves are a type of personal protective equipment widely used in medical, laboratory, manufacturing and other fields. In recent years, with the improvement of living standards, people's requirements for hygiene and safety have also been increasing, which has driven the growth of the disposable PVC glove market. PVC gloves, as an important protective equipment, can effectively reduce the risk of cross infection and are therefore favored by a large number of consumers. Firstly, let's take a look at the export data of PVC gloves. The export orders from January to February 2024 mainly continued the market trend in the fourth quarter of 2023. PVC glove orders improved in the fourth quarter, coupled with the increase in export prices and profits for enterprises. Despite the improvement in production, the export quantity from January to February 2024 remained relatively high.
According to customs statistics, the export volume of PVC gloves from China in January 2024 was 3.984 billion pairs, a year-on-year increase of -38.53%, with an export volume of approximately 7.9689 million boxes and an average export price of 11.71 US dollars per box. In February 2024, the export volume of PVC gloves from China was 3.589 billion pairs, a year-on-year increase of -15.74%, with an export volume of approximately 7.1782 million boxes and an average export price of 11.58 US dollars per box.

Looking at the export data of PVC paste Resin, in recent years, the export situation of PVC paste resin in China has shown a positive growth trend. According to the data compiled by the General Administration of Customs, in the past three years, China's foreign trade of PVC paste resin has shown a trend of decreasing import volume and increasing export volume year by year. This is mainly affected by the increase in domestic PVC paste resin production capacity and the continuous improvement of product quality. The export data from January to February 2024 has not changed much, and the main export regions are still Russia and India. The export quantity of PVC paste resin from January to February 2023 was 23500 tons, and from January to February 2024, the export quantity of PVC paste resin was 22600 tons. The export quantity has remained relatively stable, and the average price has shown a slight downward trend compared to last year. Although the export situation of PVC paste resin in China is relatively optimistic, there is still a certain gap in production technology, product varieties, and product quality compared to the international advanced level. Therefore, in the future, it is necessary to increase investment in technology research and development, quality improvement, and other aspects to further enhance the international competitiveness of China's paste resin.

In recent years, the import situation of PVC paste resin in China has shown certain changes. According to data compiled by the General Administration of Customs, in the past three years, China's PVC paste resin foreign trade has shown a decreasing trend in import volume year by year. This is mainly affected by the increase in domestic PVC paste resin production capacity and the continuous improvement of product quality. The quantity of PVC paste resin imported from China from January to February 2023 was 8413 tons, while the quantity of PVC paste resin imported from China from January to February 2024 was 16200 tons, a significant increase of 7787 tons and 92.56%. On the one hand, the demand for PVC gloves has improved and the import quantity has increased. On the other hand, it is also related to tariffs. The import price has an advantage compared to domestic prices, and the average import price has decreased by 100-200 US dollars/ton compared to 2023. As a result, the import quantity has exploded compared to 2023.

Overall, the import situation of PVC paste resin in China is influenced by various factors, and domestic production capacity is one of the important factors affecting the import and export of PVC paste resin. With the continuous progress of PVC paste resin production technology and the gradual increase in production capacity in China, the supply capacity of the domestic market has been improved, which to some extent reduces dependence on imported products. Secondly, product quality is also a key factor affecting imports. With the increasing quality requirements of downstream industries for PVC paste resin powder, domestic production enterprises need to continuously improve product quality to meet market demand. If the quality of domestic products cannot meet the demand, the import volume may increase accordingly. In addition, market demand is also an important factor in determining import volume. With the development of the economy and the prosperity of downstream industries, the demand for PVC paste resin may continue to increase. If domestic production capacity cannot meet market demand, then it is necessary to fill the supply gap through imports. Finally, the international trade environment will also have an impact on the import of PVC paste resin. The adjustment of international trade policies, changes in tariffs, and price fluctuations in the international market may all affect the import volume of PVC paste resin in China.

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