EVA Resin Key Export Indicators Changed in April 2024 [SMM Analysis]

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

According to the latest customs data, in April 2024, China's export market for primary-shaped EVA showed a certain volatility trend. During this period, key indicators such as export volume, total export value, and unit cost all changed, reflecting the dynamic adjustment of market supply and demand relationships.

Specifically, in April 2024, China exported 20,903 tons of primary-shaped EVA, with a total value of RMB 339,335,664 and a unit cost of RMB 16,234.17. Compared to the previous month, export volume increased by 11% MoM, and unit export cost increased by 1% MoM. Compared to the same period last year, export volume increased by 30% YoY, and unit export cost decreased by 26% YoY.

Relevant enterprises need to pay close attention to 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.