Price for Styrene Polymers; Waste, Parings and Scrap in the UK - 2024
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in the UK (FOB) - 2022
- Price for Styrene Polymers; Waste, Parings and Scrap in the UK (CIF) - 2022
- Exports of Styrene Polymers; Waste, Parings and Scrap in the UK
- Imports of Styrene Polymers; Waste, Parings and Scrap in the UK
Price for Styrene Polymers; Waste, Parings and Scrap in the UK (FOB) - 2022
In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $770 per ton, rising by 25% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($1,482 per ton), while the average price for exports to Malaysia ($183 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 Turkey (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Styrene Polymers; Waste, Parings and Scrap in the UK (CIF) - 2022
The average import price for styrene polymers; waste, parings and scraps stood at $524 per ton in 2022, with a decrease of -8.8% against the previous year. Overall, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of 63%. The import price peaked at $943 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($1,210 per ton), while the price for Norway ($486 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Styrene Polymers; Waste, Parings and Scrap in the UK
In 2022, exports of styrene polymers; waste, parings and scraps from the UK surged to 29K tons, increasing by 30% against the year before. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 190%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of styrene polymers; waste, parings and scraps soared to $22M in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 315%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Styrene Polymers; Waste, Parings and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.5 | 0.7 | 4.4 | 5.9 | 57.9% |
| Portugal | 0.2 | 0.9 | 2.7 | 4.6 | 184.4% |
| Turkey | 0.1 | 0.2 | 0.4 | 2.5 | 192.4% |
| Germany | 2.3 | 0.8 | 1.4 | 1.8 | -7.8% |
| Spain | 0.3 | 0.3 | 1.6 | 1.8 | 81.7% |
| Vietnam | N/A | N/A | N/A | 1.4 | 0% |
| Austria | 0.3 | N/A | 1.5 | 1.2 | 58.7% |
| Others | 0.7 | 0.4 | 1.7 | 3.2 | 66.0% |
| Total | 5.4 | 3.3 | 13.7 | 22.4 | 60.7% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from the UK in 2022:
- Netherlands (8.3K tons)
- Turkey (4.8K tons)
- Austria (3.3K tons)
- Portugal (3.1K tons)
- Germany (2.5K tons)
- Vietnam (2.4K tons)
- Spain (1.3K tons)
Imports of Styrene Polymers; Waste, Parings and Scrap in the UK
Imports of styrene polymers; waste, parings and scraps into the UK soared to 1.1K tons in 2022, jumping by 17% compared with 2021. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 21%.
In value terms, imports of styrene polymers; waste, parings and scraps expanded sharply to $582K in 2022. In general, imports, however, faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 50%.
| Import of Styrene Polymers; Waste, Parings and Scrap in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 479 | 290 | 457 | 484 | 0.3% |
| Germany | N/A | N/A | N/A | 50.5 | 0% |
| Ireland | 69.1 | N/A | N/A | 19.7 | -34.2% |
| Netherlands | 753 | N/A | N/A | 19.1 | -70.6% |
| Spain | N/A | 18.1 | 61.0 | 1.6 | -70.3% |
| Others | 81.6 | 52.6 | 25.5 | 6.9 | -56.1% |
| Total | 1,383 | 361 | 543 | 582 | -25.1% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to the UK in 2022:
- Norway (995.7 tons)
- Germany (58.8 tons)
- Ireland (34.3 tons)
- Netherlands (15.8 tons)
- Spain (1.8 tons)
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