The volume of ethylene-vinyl acetate copolymer traded globally in 2015 was up 10% from 2014, indicating a significant increase in global demand. Much higher imports into Asia-Pacific, sourced mainly from North America, Western Europe, and, with the largest percentage gain, the Middle East, plus expanded trade within the Asia-Pacific region, were the leading factor in the increase.
Based on data for the year, which is nearly complete, global EVA trade volume in 2015 was 2.2 million tons, up 10%.
Asia-Pacific imports surged 54%, to 230,000 tons, noting months of new record highs on imports into China. Vietnam was also a sizable growth market. Asia-Pacific intra-regional trade expanded 9%, to 1.1 million tons.
Exports from North America to Asia-Pacific rose 11%, to 103,000 tons; shipments from Western Europe to the region were up 20%, to 68,000 tons. Middle East exports to Asia-Pacific soared from minor volumes in the prior year, reaching 58,000 tons.
From: International Trader Publications’ EVA World Trade Review of 2015, and, the EVA World Trade Report.