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Serbia - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolystyrene Price in Serbia - 2023
Contents:
- Polystyrene Price in Serbia (CIF) - 2023
- Polystyrene Price in Serbia (FOB) - 2023
- Polystyrene Imports in Serbia
- Polystyrene Exports in Serbia
Polystyrene Price in Serbia (CIF) - 2023
In November 2023, the average polystyrene import price amounted to $1,560 per ton, which is down by -3.1% against the previous month. Over the period under review, the import price recorded a slight setback. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 6.6% month-to-month. The import price peaked at $1,872 per ton in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,308 per ton), while the price for Iran ($1,414 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Polystyrene Price in Serbia (FOB) - 2023
In November 2023, the average polystyrene export price amounted to $1,122 per ton, jumping by 31% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 104% against the previous month. Over the period under review, the average export prices reached the maximum at $1,332 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($2,273 per ton), while the average price for exports to Malaysia ($454 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Polystyrene Imports in Serbia
In 2022, the amount of polystyrene imported into Serbia was estimated at 50K tons, standing approx. at the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.7%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, polystyrene imports surged to $114M in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 95%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
Import of Polystyrene in Serbia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 17.7 | 8.4 | 22.8 | 23.3 | 9.6% |
Turkey | 4.3 | 3.3 | 15.7 | 18.7 | 63.2% |
Greece | 7.6 | 10.1 | 14.7 | 17.4 | 31.8% |
Hungary | 5.2 | 6.0 | 11.8 | 13.3 | 36.8% |
Russia | 0.7 | 2.1 | 5.7 | 9.1 | 135.1% |
China | 0.1 | N/A | N/A | 6.3 | 297.9% |
France | 3.5 | 4.5 | 7.2 | 6.2 | 21.0% |
Austria | 4.5 | 3.0 | 4.0 | 5.8 | 8.8% |
India | 2.1 | 2.0 | 2.7 | 4.7 | 30.8% |
Italy | 3.0 | 2.3 | 5.8 | 4.2 | 11.9% |
Germany | 3.7 | 2.2 | 2.5 | 2.4 | -13.4% |
Poland | 2.3 | 2.7 | 1.8 | 0.5 | -39.9% |
Others | 2.9 | 4.0 | 4.1 | 2.6 | -3.6% |
Total | 57.6 | 50.7 | 98.9 | 114 | 25.6% |
Top Suppliers of Polystyrene to Serbia in 2022:
- Iran (10.6K tons)
- Turkey (7.6K tons)
- Greece (7.2K tons)
- Hungary (6.0K tons)
- Russia (4.7K tons)
- France (2.8K tons)
- China (2.5K tons)
- Austria (2.1K tons)
- India (2.0K tons)
- Italy (2.0K tons)
- Germany (1.0K tons)
- Poland (0.2K tons)
Polystyrene Exports in Serbia
Polystyrene exports from Serbia expanded modestly to 4.5K tons in 2022, rising by 3.3% on the year before. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 239% against the previous year. As a result, the exports attained the peak of 5.8K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, polystyrene exports surged to $5.4M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Polystyrene in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 1.8 | 2.8 | 15.6 | 1,164 | 764.8% |
China | 819 | 1,874 | 1,624 | 936 | 4.6% |
Bosnia and Herzegovina | 214 | 228 | 832 | 894 | 61.1% |
Romania | N/A | N/A | 54.3 | 693 | 1176.2% |
Italy | 3.3 | N/A | 65.8 | 314 | 356.5% |
Turkey | 0.1 | N/A | N/A | 266 | 1285.6% |
Malaysia | 14.2 | 796 | 625 | 233 | 154.1% |
Poland | 74.1 | 184 | 84.6 | 137 | 22.7% |
Others | 148 | 102 | 233 | 808 | 76.1% |
Total | 1,275 | 3,187 | 3,535 | 5,445 | 62.2% |
Top Export Markets for Polystyrene from Serbia in 2022:
- China (1581.6 tons)
- Austria (516.0 tons)
- Romania (400.0 tons)
- Bosnia and Herzegovina (397.5 tons)
- Malaysia (387.6 tons)
- Italy (380.2 tons)
- Turkey (293.5 tons)
- Poland (126.6 tons)
This report provides an in-depth analysis of the polystyrene market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
-
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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Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.