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United Kingdom - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in UK Declines Slightly to $2,567 per Ton
United Kingdom Polystyrene Import Price in February 2023
In February 2023, the polystyrene price stood at $2,567 per ton (CIF, United Kingdom), shrinking by -4.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 16% against the previous month. Over the period under review, average import prices attained the maximum at $3,228 per ton in June 2022; however, from July 2022 to February 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7,475 per ton), while the price for Poland ($1,498 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced a decline.
COUNTRY | Import Price of Polystyrene in United Kingdom (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
France | 2,214 | 13,919 | 2,391 | 2,479 | 8,313 | 2,612 | 7,525 | 2,141 | 6,973 | 6,204 | 5,959 | N/A | 7,475 |
Turkey | 2,710 | 2,608 | 2,743 | 3,123 | 3,011 | 1,320 | 2,944 | 2,380 | 2,279 | 2,195 | 1,680 | 1,974 | 2,495 |
Germany | 2,672 | 2,946 | 2,928 | 2,972 | 3,112 | 3,679 | 2,912 | 2,399 | 2,186 | 2,179 | 2,133 | 2,465 | 2,294 |
Belgium | 2,195 | 2,308 | 2,096 | 2,519 | 2,658 | 2,653 | 2,512 | 2,017 | 1,929 | 1,953 | 1,909 | 1,905 | 2,108 |
Netherlands | 2,690 | 2,743 | 3,013 | 3,008 | 3,052 | 3,013 | 2,576 | 2,074 | 2,073 | 2,040 | 2,132 | 2,016 | 2,047 |
Finland | 3,076 | 2,651 | 2,785 | 3,048 | 3,090 | 2,963 | 2,714 | 2,387 | 2,073 | 2,330 | 2,175 | 1,977 | 2,023 |
Italy | 2,576 | 2,513 | 2,456 | 4,164 | 2,526 | 2,865 | 2,609 | 2,006 | 2,299 | 2,147 | 2,044 | 2,053 | 1,953 |
Poland | 3,420 | 2,520 | 4,178 | 4,077 | 3,256 | 2,858 | 2,601 | 2,108 | 2,295 | 1,561 | 2,162 | 2,230 | 1,498 |
Average | 2,553 | 2,968 | 2,655 | 2,905 | 3,228 | 2,725 | 3,039 | 2,259 | 2,430 | 2,212 | 2,334 | 2,683 | 2,567 |
United Kingdom Polystyrene Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was polystyrene in primary forms (excluding expansible polystyrene) ($3,660 per ton), while the price for expansible polystyrene in primary forms amounted to $2,066 per ton.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by polystyrene in primary forms (+4.4%).
United Kingdom Polystyrene Imports
In February 2023, polystyrene imports into the UK fell to 5.3K tons, shrinking by -9.6% on the previous month's figure. Overall, imports saw a perceptible downturn. The most prominent rate of growth was recorded in July 2022 with an increase of 32% month-to-month. As a result, imports attained the peak of 10K tons. From August 2022 to February 2023, the growth of imports failed to regain momentum.
In value terms, polystyrene imports reduced to $14M (IndexBox estimates) in February 2023. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in January 2023 when imports increased by 29% month-to-month.
United Kingdom Polystyrene Imports by Type
In February 2023, expansible polystyrene in primary forms (3.6K tons) constituted the largest type of polystyrene supplied to the UK, accounting for a 69% share of total imports. Moreover, expansible polystyrene in primary forms exceeded the figures recorded for the second-largest type, polystyrene in primary forms (excluding expansible polystyrene) (1.7K tons), twofold.
From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of expansible polystyrene in primary forms amounted to -3.0%.
In value terms, the most traded types of polystyrene in the UK were expansible polystyrene in primary forms ($7.5M) and polystyrene in primary forms (excluding expansible polystyrene) ($6.1M).
United Kingdom Polystyrene Imports by Country
Belgium (1K tons), Germany (902 tons) and the Netherlands (616 tons) were the main suppliers of polystyrene imports to the UK, together comprising 48% of total imports. Poland, Finland, France, Italy and Turkey lagged somewhat behind, together accounting for a further 39%.
From February 2022 to February 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +8.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, France ($3.6M), Belgium ($2.2M) and Germany ($2.1M) appeared to be the largest polystyrene suppliers to the UK, with a combined 58% share of total imports. the Netherlands, Finland, Poland, Italy and Turkey lagged somewhat behind, together comprising a further 30%.
Finland, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the polystyrene market in the UK. 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 20162035 - Expansible polystyrene, in primary forms
- Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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