Canada - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStyrene-Acrylonitrile Price in Canada - 2023
Contents:
- Styrene-Acrylonitrile Price in Canada (CIF) - 2023
- Styrene-Acrylonitrile Price in Canada (FOB) - 2022
- Styrene-Acrylonitrile Imports in Canada
- Styrene-Acrylonitrile Exports in Canada
Styrene-Acrylonitrile Price in Canada (CIF) - 2023
In September 2023, the average styrene-acrylonitrile import price amounted to $2,301 per ton, dropping by -14.6% against the previous month. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in June 2023 an increase of 12% month-to-month. The import price peaked at $3,113 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($3,442 per ton), while the price for Taiwan (Chinese) ($1,847 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.2%), while the prices for the other major suppliers experienced a decline.
Styrene-Acrylonitrile Price in Canada (FOB) - 2022
In 2022, the average styrene-acrylonitrile export price amounted to $2,143 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $3,222 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,126 per ton), while the average price for exports to Malaysia ($1,362 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 the United States (+3.2%), while the prices for the other major destinations experienced a decline.
Styrene-Acrylonitrile Imports in Canada
In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) imported into Canada stood at 75K tons, with an increase of 7.3% against the year before. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, styrene-acrylonitrile imports soared to $219M in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Styrene-Acrylonitrile in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 66.6 | 54.0 | 84.3 | 115 | 20.0% |
Taiwan (Chinese) | 9.3 | 9.7 | 43.1 | 57.7 | 83.8% |
South Korea | 26.6 | 21.7 | 23.1 | 25.0 | -2.0% |
Vietnam | 0.1 | 0.2 | 0.2 | 6.9 | 310.2% |
Mexico | 4.0 | 3.1 | 3.6 | 3.5 | -4.4% |
Malaysia | N/A | N/A | 1.2 | 3.3 | 175.0% |
Others | 5.9 | 3.3 | 4.6 | 7.7 | 9.3% |
Total | 113 | 92.0 | 160 | 219 | 24.7% |
Top Suppliers of Styrene-Acrylonitrile to Canada in 2022:
- United States (40.8K tons)
- Taiwan (Chinese) (20.5K tons)
- South Korea (7.8K tons)
- Vietnam (1.4K tons)
- Malaysia (1.2K tons)
- Mexico (1.0K tons)
Styrene-Acrylonitrile Exports in Canada
In 2022, exports of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) from Canada reached 7K tons, picking up by 8.9% against the year before. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, styrene-acrylonitrile exports soared to $15M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Styrene-Acrylonitrile in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.9 | 3.7 | 4.2 | 8.0 | 10.7% |
Malaysia | 1.8 | 1.8 | 2.0 | 3.1 | 19.9% |
China | 1.5 | 1.7 | 2.5 | 1.4 | -2.3% |
Thailand | 1.3 | 3.7 | 2.3 | 1.2 | -2.6% |
Singapore | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
Mexico | 0.7 | 0.4 | 0.3 | 0.3 | -24.6% |
Vietnam | N/A | N/A | N/A | 0.3 | 0% |
Hong Kong SAR | 0.7 | 0.1 | 0.1 | 0.1 | -47.7% |
Others | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
Total | 12.3 | 11.6 | 12.3 | 14.9 | 6.6% |
Top Export Markets for Styrene-Acrylonitrile from Canada in 2022:
- United States (2544.1 tons)
- Malaysia (2311.9 tons)
- China (741.0 tons)
- Thailand (650.6 tons)
- Singapore (282.2 tons)
- Mexico (151.5 tons)
- Vietnam (135.7 tons)
- Hong Kong SAR (122.2 tons)
This report provides an in-depth analysis of the styrene-acrylonitrile market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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