Export situation of rigid PVC sheet

The export situation of rigid PVC sheet

Key points:

– Export volume growth: Since 2021, China’s PVC exports have surged to the million-ton level, hitting record highs for three consecutive years. In 2024, total exports reached 2.6175 million tons (up 15% YoY). From Jan to Apr 2025, exports of 1.3365 million tons increased by 54.26% YoY, with rigid PVC sheet accounting for over 60% of export products.
– Major destinations: In 2024, the top 5 markets (India, Vietnam, Thailand, Nigeria, Uzbekistan) accounted for 68% of total exports. India remains the largest market, with its share growing annually.
– Price advantages: Sufficient supply and competitive pricing underpin export growth. For instance, low domestic prices in H1 2025 kept export arbitrage windows open, maintaining price edges.
– Future trends: India’s delayed BIS certification policy provides a buffer, but potential anti-dumping measures in early July 2025 may cut exports to India by ~30% YoY in H2. Demand from Southeast Asia and Africa will partly offset this, leaving overall export opportunities.