From the perspective of output, the overall PVC output scale maintained a steady upward trend. According to statistics from the China Chlor-Alkali Industry Association, China's PVC production reached 18.74 million tons in 2019, an increase of 7.31% year-on-year, and the growth rate reached the peak in recent years.
From the perspective of the import and export market, in recent years, our country's PVC imports and exports have fluctuated significantly. According to statistics from the General Administration of Customs, in 2019, China's PVC imports reached 874,000 tons and exports reached 714,100 tons, both of which were down from 2018.
In terms of demand, the demand for PVC resin in China has risen steadily in recent years. In 2019, China's apparent consumption of PVC resin reached 20.270 million tons, a increase of 7.23% year-on-year.
At present, China's PVC mainly has two major consumer markets: hard products and soft products. Hard products are mainly various profiles, pipes, plates, hard sheets and blow-molded products, etc.; soft products are mainly films, wires and cables, artificial leather, fabric coatings, various hoses, gloves, toys, floor coverings, etc. Materials, plastic shoes, and some special coatings and sealants. From the perspective of the consumption structure of PVC, the consumption of "pipe fittings and pipes" accounted for 42%, which is the most important consumption area of PVC; followed by "soft films and sheets", accounting for about 16%.