Ukraine PVC imports down by 31% in Jan-Jul 2021, exports up by 11%

MOSCOW (MRC)–Imports of suspension polyvinyl chloride (SPVC) to the Ukrainian market decreased in the first seven months of 2021 by 31% year on year according to MRC’s DataScope report.

Overall imports of suspension reached 15,800 tonnes in January-July 2021, compared to 23,000 tonnes a year earlier.

Limited export quotas of European and North American producers were the main reason for such a major fall in imports.

SPVC imports into Ukraine increased to 3,100 tonnes from 2,100 tonnes in June, Ukrainian companies significantly increased their shipments of polymer from China and the USA.

European producers with the share of about 89% of the total imports over the stated period were the key suppliers of resin to the Ukrainian market.

Slightly over 116,400 tonnes of PVC were shipped for export in the first seven months of 2021, compared to 105,000 tonnes a year earlier.

Export sales of Ukrainian PVC rose by 11% year on year partially due to record high prices in a number of the global regions.

Karpatneftekhim slightly raised its sales to foreign markets, export sales of Ukrainian resin grew to 13,600 tonnes from 12,800 tonnes in June.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.