Analysis of Import and Export Data of PVC Powder in China from January to August

October 08, 2023

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According to the latest customs statistics, in August 2023, China imported 19000 tons of pure PVC powder, an increase of 24.7% compared to the previous month and a decrease of 34.5% compared to the same period last year; The export volume of PVC pure powder reached 269000 tons, an increase of 44.4% month on month and a significant increase of 107.1% year-on-year. From January to August 2023, China imported 274000 tons of pure PVC powder, a year-on-year increase of 33.2%; Accumulated exports of 1.542 million tons of pure PVC powder, a year-on-year decrease of 0.5%.

From January to August, according to the analysis of import sources, the pure PVC powder mainly came from the United States, Taiwan, China and Japan, accounting for 52.6%, 18.8% and 12.8% respectively; From the analysis of export destinations, PVC pure powder is mainly sold to India, Vietnam, and Egypt, accounting for 50.7%, 4.5%, and 4.2%, respectively.

Import and Export Statistics of PVC Pure Powder in China in 2023 (Unit: 10000 tons)

Analysis shows that the construction of downstream devices in China in August was slightly lower than previous years, and most product companies have a certain inventory of finished products. Therefore, their enthusiasm for raw material procurement and improvement of construction is not high. Domestic trade demand continues to be sluggish, and domestic PVC production enterprises are actively seeking export orders. From the perspective of the international market, starting from July, there has been an increase in overseas planned maintenance enterprises, and there is a certain gap in the market. Indian traders and downstream enterprises are actively stocking up, and the number of orders signed in July has significantly increased. Most orders are delivered in August, supporting the monthly export volume of domestic PVC pure powder in August to reach a new high within the year.

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