EVA Resin Import Situation in May [SMM Analysis]

Ethylene Vinyl Acetate Copolymer (hereinafter referred to as EVA) is a copolymer obtained by random copolymerization of ethylene (non-polar) and vinyl acetate (polar). EVA is a high-performance, widely used material with significant applications in packaging, construction, automotive, daily necessities, and other fields.

According to the latest data released by the customs statistics query platform, in May 2024, China's import market for primary-shaped EVA showed certain fluctuations. During this period, key indicators such as import quantity, total import value, and unit cost all changed, reflecting the dynamic adjustment of market supply and demand.

Specifically, in May 2024, China imported 72,678 mt of primary-shaped EVA, with a total value of 742,359,722 yuan and a unit cost of 10,214.41 yuan. Compared to the previous month, the import quantity decreased by 19% MoM, and the unit import cost increased by 2% MoM. Meanwhile, compared to the same period last year, the import quantity decreased by 30% YoY, and the unit import cost decreased by 24% YoY.
In May 2024, China exported 23,431 mt of primary-shaped EVA, with a total value of 351,581,478 yuan and a unit cost of 15,004.84 yuan. Compared to the previous month, the export quantity increased by 12% MoM, and the unit export cost decreased by 8% MoM. Meanwhile, compared to the same period last year, the export quantity increased by 33% YoY, and the unit export cost decreased by 13% YoY.

In light of this market situation, relevant companies need to closely monitor market dynamics, strengthen risk management, and formulate reasonable procurement and sales strategies. With the gradual recovery of the global economy and the continuous growth of domestic demand, the EVA market is expected to usher in new development opportunities. However, market competition will also become increasingly fierce, and companies need to continuously enhance their competitiveness to adapt to market changes and challenges.