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Henan Chuange Industry CO.,LTD [Henan,China] Business Type:Agent , Distributor/Wholesaler , Trade Company , Retailer , Service , Manufacturer Main Markets: Africa , Americas , Asia , Caribbean , East Europe , Europe , Middle East , North Europe , Oceania , Other Markets , West Europe , Worldwide Exporter:71% - 80% Certs:ISO9001, MSDS, REACH, RoHS, Test Report

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Analysis of Import and Export Data of PVC Resin Powder in China in the First Quarter

May 02, 2024

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According to the latest customs statistics, in March 2024, China imported 27000 tons of Polyvinyl Chloride Resin, an increase of 109.2% month on month and a decrease of 50.1% year on year; The export of pvc resin powder reached 297000 tons, an increase of 84.8% month on month and 38.3% year-on-year. From January to March 2024, China imported a total of 62000 tons of PVC, a year-on-year decrease of 59.5%; Accumulated exports of PVC Resin powder reached 626000 tons, a year-on-year decrease of 4.1%.
In the first quarter, from the perspective of import sources, PVC mainly came from the United States, Taiwan, China and Japan, accounting for 49.2%, 24.0% and 23.1% respectively; From the analysis of export destinations, Pvc Resin is mainly sold to India, Vietnam, and Thailand, accounting for 49.0%, 6.2%, and 4.6%, respectively.
The year-on-year decline in China's PVC resin exports in the first quarter has narrowed. Analysis shows that the demand in India, Southeast Asia, and other regions has recovered, while international long-distance transportation has been hindered, resulting in unstable PVC shipments to the United States. Therefore, local merchants actively inquire with Chinese PVC sellers to supplement their orders, supporting a rebound in the monthly export volume of domestic PVC powder in March.

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