ethylene-vinyl acetate Pricing Assessment

Markets Covered:

Korea

India

China

Germany

Indonesia

Bangladesh

Saudi Arabia

Mexico

United States

Belgium

Ethylene-Vinyl Acetate Price Trend, Analysis and Forecast

In the first quarter of 2024, Ethylene-Vinyl Acetate (EVA) prices exhibited a mixed trend across key regions, with notable variations in countries like South Korea, Saudi Arabia, and the USA. In South Korea, EVA prices experienced a slight decrease of 4.5% from the previous quarter due to a combination of abundant supply and moderate demand, particularly in industries like textiles and packaging, which was not fully recovered. Meanwhile, Saudi Arabia saw a slight rise in prices driven by growing demand from its expanding construction and automotive sectors supported by robust demand from the renewable energy sector, especially solar panel production, as well as tight supply conditions due to production adjustments. In the USA, EVA prices decreased due to reduced demand from key industries such as packaging, footwear, and construction, as inflation affected consumer spending.

During the second quarter of 2024, Ethylene-Vinyl Acetate (EVA) prices continued to show divergent trends across these regions. In South Korea, prices saw a further slight decrease, primarily due to sluggish demand from key sectors such as packaging and consumer goods, alongside manufacturers maintaining higher inventory levels. Conversely, Saudi Arabia experienced a steady decrease in prices as demand continued to weaken, particularly from the automotive and packaging industries. The USA also saw a moderate price decrease, demand remained sluggish, particularly in sectors like packaging and footwear, as economic uncertainty and inflationary pressures persisted, dampening consumer spending and industrial activity.

In the third quarter of 2024, EVA prices in South Korea showed a slight increase, reaching approximately USD 1355/MT in August. This uptick was driven by a combination of supply chain adjustments and recovering demand from the packaging and automotive sectors, particularly as global economic conditions began to stabilize. On a global scale, the EVA market experienced variations, with Europe seeing price increases due to tighter inventories, while other regions like the USA and Saudi Arabia saw moderate price decline as demand fell. Global factors, such as feedstock Ethylene and Vinyl acetate costs and geopolitical tensions, contributed to the overall upward pressure on EVA prices during this period.

Looking ahead to the fourth quarter of 2024, the EVA (Ethylene-Vinyl Acetate) market is expected to exhibit a mixed trend. In South Korea, product prices are anticipated to decline due to several factors, including ample availability of EVA by year-end and reduced trading activity during the festive season. Additionally, demand from downstream sectors, such as the automotive and packaging industries, may begin to taper off with the arrival of winter. Overseas demand is also likely to slow during this period. In contrast, the EVA market in Europe, Saudi Arabia, and the U.S. is expected to see price increases. This growth will be driven by robust demand from downstream industries, particularly solar panel manufacturing, as many countries continue shifting toward renewable energy sources. The strong demand from the solar panel sector is likely to support the market during this forecasted period.

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is your trusted resource for tracking global ethylene-vinyl acetate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ethylene-vinyl acetate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence ethylene-vinyl acetate prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely ethylene-vinyl acetate market data.

Track 's ethylene-vinyl acetate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in ethylene-vinyl acetate prices

Russia-Ukraine Conflict (2022-Present): This ongoing conflict led to disruptions in European EVA production, causing global price volatility due to supply chain challenges and increased energy costs.

COVID-19 Pandemic (2020-2021): The global economic slowdown caused by the pandemic led to reduced demand for finished products containing Ethylene-Vinyl Acetate (EVA), resulting in many production facilities operating at lower capacities. This situation created a supply-demand imbalance that affected pricing. As economies began to recover in late 2021, demand surged again, leading to further price fluctuations as manufacturers struggled to ramp up production quickly enough to meet the renewed demand.

U.S.-China Trade Tensions (2018-2019): The trade war between the U.S. and China led to disruptions in the EVA supply chain, contributing to price instability due to tariffs, reduced imports, and increased costs of raw materials.

Methodology and Specifications

ethylene-vinyl acetate Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Ethylene-Vinyl Acetate (EVA) production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Ethylene-Vinyl Acetate (EVA) supply chain, from raw material availability (Ethylene, Vinyl Acetate) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Ethylene-Vinyl Acetate (EVA) prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Ethylene-Vinyl Acetate (EVA) production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive), to predict shifts in Ethylene-Vinyl Acetate (EVA) demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Ethylene-Vinyl Acetate (EVA) production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Ethylene-Vinyl Acetate (EVA) production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including textiles, automotives and electronics. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Ethylene-Vinyl Acetate (EVA) pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Ethylene-Vinyl Acetate (EVA) prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Ethylene-Vinyl Acetate (EVA) pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

15,000 to about 40,000 grams

CAS No

24937-78-8

HS Code

39013000

Molecular Formula

(C2H4)x.(C4H6O2)y

ethylene-vinyl acetate

Ethylene Vinyl Acetate (EVA) is a flexible, durable, and versatile copolymer made from ethylene and vinyl acetate. Known for its excellent transparency, resilience, and impact resistance, EVA offers a wide range of applications across various industries. It is commonly used in the production of footwear soles, packaging films, adhesives, and foams, as well as in the encapsulation of photovoltaic cells in solar panels. Its lightweight nature, coupled with its ability to withstand environmental factors such as UV radiation and extreme temperatures, makes EVA a popular choice for products requiring cushioning, flexibility, and toughness.

Packaging Type

25 kg Bag

Grades Covered

VA 18%, VA 28%

Incoterms Used

FOB Busan, CIF Shanghai (South Korea), FD Belgium, CIF Jakarta (South Korea), CIF Chittagong (South Korea), FOB Jeddah (Saudi Arabia), CIF Manzanillo (USA), FOB Houston (USA), CIF Nhava Sheva (South Korea), Ex- Delhi

Synonym

Poly(ethylene-vinyl acetate), Poly(ethylene-co-vinyl acetate), Polyethylene-vinyl acetate copolymer

Quotation Terms:

15-20 MT (South Korea), 25-28 MT (Saudi Arabia), 20-25 MT (USA), 15-20 (Belgium)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Technical specification for Ethylene-Vinyl Acetate (EVA) (18% VA)

Property	Specification (injection moulding)
Vinyl Acetate	18%
Melt Index (190°C / 2.16 kg)	2.5 g/10 min
Tensile Strength at Yield	5.2 MPa
Flexural Modulus	60 MPa

Technical specification for Ethylene-Vinyl Acetate (EVA) (28% VA)

Property	Specification (25% glass-reinforced flame retardant)
Density	0.950 g/cm3
Melt temperature	69-75°C
Elongation at break point	800-850%
Vinyl Acetate	28%

Applications

Ethylene Vinyl Acetate (EVA) is widely used across numerous industries due to its flexibility, durability, and impact resistance. It is a key material in footwear manufacturing, especially for shoe soles, because of its excellent cushioning and shock-absorbing properties. EVA is also used in packaging, offering protective films for food and industrial goods due to its toughness and clarity. In the renewable energy sector, it serves as an encapsulant in solar panels, protecting photovoltaic cells from environmental damage. Additionally, EVA is a popular material in adhesives, foams, and sports equipment like yoga mats and protective padding, providing comfort and resilience. Its biocompatibility further makes it suitable for medical applications such as tubing and IV bags.

Disclaimer

Ethylene-Vinyl Acetate price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for ethylene-vinyl acetate. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

Why Is Supply Analysis Important for Ethylene Vinyl Acetate (EVA)? +

Supply analysis is crucial for Ethylene Vinyl Acetate (EVA) procurement because it provides insights into

Availability of Raw Materials: Understanding the availability of ethylene and vinyl acetate (key inputs for EVA production) helps ensure continuous supply.

Supplier Reliability: Analysing supplier performance ensures timely deliveries and high-quality products, avoiding production delays in downstream industries like packaging and solar energy.

Market Trends: By monitoring supply trends, procurement heads can anticipate price fluctuations and potential disruptions, allowing for better strategic planning and inventory management.

How Do Seasonal Fluctuations Impact the Supply of Ethylene Vinyl Acetate (EVA)? +

Winter Months: Demand from downstream industries like packaging and automotive may decrease in colder regions, leading to an abundant supply of EVA.

Summer Months: Higher demand for EVA in solar panel production and outdoor applications can strain supply, driving up prices.

Festive Seasons: Production may slow down in regions with prolonged holiday periods (such as Lunar New Year in Asia), affecting supply timelines.

Which Regions Are the Key Producers of Ethylene Vinyl Acetate (EVA) Globally? +

Key regions for EVA production include:

Asia-Pacific: Countries like China, South Korea, and Japan are major EVA producers, supplying a significant portion of the global market.

North America: The U.S. is a key EVA producer, with large capacities from companies like ExxonMobil and Dow Chemical.

Middle East: Countries like Saudi Arabia are also significant EVA producers due to their abundant access to raw materials like ethylene.

Europe: Some European countries have a smaller but steady EVA production capacity, primarily to serve local markets.