EVA imports in December increased by 46.85% MoM, with prices remaining hot [SMM Analysis]

Published: Feb 9, 2025 23:48

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According to customs data, EVA imports in November reached 54,100 mt, down 5.86% MoM and 31.25% YoY. Cumulative imports from January to November totaled 836,600 mt, down 32.94% YoY. In October, by region, imports from South Korea were 27,300 mt (50.48%), from Taiwan, China 15,400 mt (28.47%), from Saudi Arabia approximately 3,000 mt (5.6%), from Japan 2,100 mt (3.88%), and from the US 1,700 mt (3.09%). South Korea's import volume decreased 16% MoM...

According to customs data, EVA imports in November reached 541,000 mt, down 5.86% MoM and 31.25% YoY. Cumulative imports from January to November totaled 8.37 million mt, down 32.94% YoY.

In terms of import volume by region in October, imports from South Korea were 273,000 mt (50.48%), from Taiwan, China were 154,000 mt (28.47%), from Saudi Arabia were approximately 30,000 mt (5.6%), from Japan were 21,000 mt (3.88%), and from the US were 17,000 mt (3.09%).

Major EVA suppliers from South Korea include Hanwha Total, LOTTE Chemical, and LG Chem. The October import volume increased by 4.15% MoM compared to September.

Major EVA suppliers from Taiwan, China include Formosa Plastics and USI Corporation. The October import volume decreased by 15.65% MoM compared to September.

Major EVA suppliers from Thailand include Dow, TPI, and TPC. The October import volume increased by 5.86% MoM compared to September.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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