Ethyl Vinyl Alcohol Copolymer Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Ethyl Vinyl Alcohol Copolymer in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Ethyl Vinyl Alcohol Copolymer Price Trend for the First Half of 2023

Asia

The first quarter of 2023 witnessed a huge jump in the prices of ethyl vinyl alcohol copolymers due to the deleting level of inventories and slumping production rates. The availability of raw materials and imports from other nations remained low throughout the quarter while the demand for ethyl vinyl alcohol copolymer continued to rise. However, this trajectory could not be followed in the second quarter as the downstream sectors declined their demand. The cost of raw materials also failed to provide the necessary support, but the steady supply of ethyl vinyl alcohol copolymer in the region helped stabilize its price trend.

Europe

The European countries witnessed a steep incline in the prices of ethyl vinyl alcohol copolymer in the first quarter of 2023, similar to that was seen in the Asia Pacific region. The market dynamics were supported by the limited number of imports, and thus, scarcity of material in the region, along with the disruptions in the supply chains, caused the prices to incline.

In the second quarter also, the trend inclined initially with the high demand from the food and packaging industries and weak supply in the region. But soon, the effect of declining raw material costs and falling crude oil prices caused the price trend of ethyl vinyl alcohol copolymer to move southwards. To further add to this injury, the spiking rates of inflation and hike in bank interest rates aided this southward journey of ethyl vinyl alcohol copolymer prices.

North America

An unusual spike in the prices of ethyl vinyl alcohol copolymer was observed in the first quarter of 2023. Due to the falling level of inventories backed by strong demand from the end-user industries, the prices of ethyl vinyl alcohol copolymer inclined in the region.

This trend was followed till the initial months of the second quarter, but in the later months, the prices declined with the subdued demand for the product. The region also suffered from rising labour costs and a recession in the market. Additionally, the drop in fuel demand, low consumption rates and restricted movement of the upstream market caused the prices to move southward. However, in the last month, the trend soared again due to the low availability of the product in the region amid the rising demand from the downstream industries.

Analyst Insight

According to Procurement Resource, the price trend of ethyl vinyl alcohol copolymer is expected to fluctuate as the demand from end-user industries seems to be erratic, given the rising inflation levels.

Procurement Resource provides latest prices of Ethyl Vinyl Alcohol Copolymer. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Ethyl vinyl alcohol copolymer, also known as ethylene vinyl alcohol copolymer (EVOH), is a high-performance thermoplastic. It is a copolymer of ethylene and vinyl alcohol monomers. EVOH exhibits exceptional barrier properties to gases, particularly oxygen and moisture, making it ideal for applications in food packaging, medical packaging, automotive fuel tanks, pipes, hoses, agricultural films, and other industrial uses. Its ability to prevent gas permeation helps in preserving product freshness, enhancing safety, and meeting environmental regulations.

Product Details

Report Features Details
Product Name Ethyl Vinyl Alcohol Copolymer
Chemical Formula (C2H4O-C2H4)x
Industrial Uses Food packaging, Cosmetics and personal care, Pipes and hoses, Automotive fuel tanks, Medical and Pharmaceutical Packaging
HS Code 39053000
CAS Number 26221-27-2
Synonyms EVOH
Supplier Database Kuraray, NSB Polymers, SK Functional Polymers, Reliance Industries Limited, Chang Chun Group
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Production Processes

In this process, an initiator or activator complex polymerizes vinyl acetate and ethylene. Ethyl vinyl alcohol copolymer is then produced by saponifying the obtained ethylene-vinyl acetate copolymer.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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