Price for Styrene Polymers; Waste, Parings and Scrap in Ecuador - 2022

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Ecuador (FOB) - 2022
2. Price for Styrene Polymers; Waste, Parings and Scrap in Ecuador (CIF) - 2022
3. Exports of Styrene Polymers; Waste, Parings and Scrap in Ecuador
4. Imports of Styrene Polymers; Waste, Parings and Scrap in Ecuador

Price for Styrene Polymers; Waste, Parings and Scrap in Ecuador (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $1,175 per ton, surging by 7.2% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for styrene polymers; waste, parings and scraps increased by +110.3% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($2,741 per ton), while the average price for exports to Hong Kong SAR ($221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Styrene Polymers; Waste, Parings and Scrap in Ecuador (CIF) - 2022

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $5,014 per ton, rising by 5.8% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,296 per ton), while the price for the United States ($681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+16.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Styrene Polymers; Waste, Parings and Scrap in Ecuador

For the third consecutive year, Ecuador recorded decline in shipments abroad of styrene polymers; waste, parings and scraps, which decreased by -3.7% to 24 tons in 2022. Overall, exports faced a abrupt descent. The smallest decline of -3.7% was in 2021.

In value terms, exports of styrene polymers; waste, parings and scraps expanded modestly to $28K in 2022. Over the period under review, exports saw a deep reduction.

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Ecuador in 2022:

1. Hong Kong SAR (13.3 tons)
2. China (8.6 tons)
3. Colombia (2.0 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in Ecuador

Imports of styrene polymers; waste, parings and scraps into Ecuador fell rapidly to 430 kg in 2022, with a decrease of -19.9% compared with 2021 figures. In general, imports faced a abrupt decline. The smallest decline of -19.8% was in 2020.

In value terms, imports of styrene polymers; waste, parings and scraps reduced sharply to $2.2K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The smallest decline of -15.3% was in 2021.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Ecuador in 2022:

1. Chile (231.0 kg)
2. China (125.0 kg)
3. United States (72.0 kg)

Source: IndexBox Market Intelligence Platform