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U.S. - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in the United States - 2023
Contents:
- Price for Polystyrene in Primary Forms in the United States (FOB) - 2023
- Price for Polystyrene in Primary Forms in the United States (CIF) - 2023
- Exports of Polystyrene in Primary Forms in the United States
- Imports of Polystyrene in Primary Forms in the United States
Price for Polystyrene in Primary Forms in the United States (FOB) - 2023
In July 2023, the average polystyrene in primary forms export price amounted to $1,473 per ton, which is down by -9.6% against the previous month. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in August 2022 an increase of 10% against the previous month. As a result, the export price reached the peak level of $2,111 per ton. From September 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($1,909 per ton), while the average price for exports to Malaysia ($330 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Polystyrene in Primary Forms in the United States (CIF) - 2023
In July 2023, the average polystyrene in primary forms import price amounted to $1,558 per ton, declining by -12% against the previous month. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 16% month-to-month. The import price peaked at $2,324 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($3,407 per ton), while the price for Brazil ($1,287 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.7%), while the prices for the other major suppliers experienced a decline.
Exports of Polystyrene in Primary Forms in the United States
In 2022, the amount of polystyrene in primary forms (excluding expansible polystyrene) exported from the United States shrank to 187K tons, dropping by -6.6% on the previous year. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of 200K tons, and then contracted in the following year.
In value terms, polystyrene in primary forms exports expanded rapidly to $344M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Polystyrene in Primary Forms in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 120 | 92.4 | 148 | 161 | 10.3% |
Canada | 83.8 | 74.8 | 114 | 138 | 18.1% |
Malaysia | 9.9 | 15.8 | 14.1 | 12.0 | 6.6% |
China | 6.6 | 11.2 | 6.6 | 5.7 | -4.8% |
Others | 33.5 | 19.6 | 26.7 | 27.4 | -6.5% |
Total | 254 | 214 | 310 | 344 | 10.6% |
Top Export Markets for Polystyrene in Primary Forms from the United States in 2022:
- Mexico (74.5K tons)
- Canada (65.7K tons)
- Malaysia (33.7K tons)
- China (1.6K tons)
Imports of Polystyrene in Primary Forms in the United States
Polystyrene in primary forms imports into the United States surged to 100K tons in 2022, increasing by 18% compared with 2021. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.
In value terms, polystyrene in primary forms imports skyrocketed to $203M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Polystyrene in Primary Forms in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 64.6 | 66.8 | 80.7 | 124 | 24.3% |
Taiwan (Chinese) | 7.6 | 5.1 | 8.5 | 16.3 | 29.0% |
South Korea | 10.2 | 11.2 | 4.7 | 16.3 | 16.9% |
Canada | 4.6 | 3.7 | 7.3 | 9.4 | 26.9% |
Japan | 6.9 | 5.3 | 6.8 | 8.5 | 7.2% |
Singapore | 8.6 | 5.1 | 6.4 | 6.2 | -10.3% |
Brazil | 17.3 | 12.7 | 23.0 | 5.2 | -33.0% |
Others | 17.2 | 16.4 | 21.7 | 17.1 | -0.2% |
Total | 137 | 127 | 159 | 203 | 14.0% |
Top Suppliers of Polystyrene in Primary Forms to the United States in 2022:
- Mexico (62.6K tons)
- Taiwan (Chinese) (9.5K tons)
- South Korea (7.7K tons)
- Canada (5.6K tons)
- Japan (3.7K tons)
- Brazil (2.9K tons)
- Singapore (2.6K tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms in the U.S.. 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
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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...