Price for Styrene Polymers; Waste, Parings and Scrap in Algeria - 2022

Contents:

  1. Price for Styrene Polymers; Waste, Parings and Scrap in Algeria (FOB) - 2022
  2. Price for Styrene Polymers; Waste, Parings and Scrap in Algeria (CIF) - 2022
  3. Exports of Styrene Polymers; Waste, Parings and Scrap in Algeria
  4. Imports of Styrene Polymers; Waste, Parings and Scrap in Algeria

Price for Styrene Polymers; Waste, Parings and Scrap in Algeria (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $791 per ton, with an increase of 5.2% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 256% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +27.3% per year.

Price for Styrene Polymers; Waste, Parings and Scrap in Algeria (CIF) - 2022

The average import price for styrene polymers; waste, parings and scraps stood at $2,761 per ton in 2022, falling by -13.2% against the previous year. In general, the import price, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2018 an increase of 541%. Over the period under review, average import prices reached the peak figure at $6,335 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($38,176 per ton), while the price for Turkey totaled $2,304 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+34.1%), while the prices for the other major suppliers experienced a decline.

Exports of Styrene Polymers; Waste, Parings and Scrap in Algeria

For the fourth consecutive year, Algeria recorded growth in overseas shipments of styrene polymers; waste, parings and scraps, which increased by 13% to 108 tons in 2022. The total export volume increased at an average annual rate of +13.0% 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 attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of styrene polymers; waste, parings and scraps surged to $86K in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Styrene Polymers; Waste, Parings and Scrap in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China50.960.571.985.518.9%
OthersN/AN/AN/AN/A0%
Total50.960.571.985.518.9%

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Algeria in 2022:

  1. China (108.1 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in Algeria

In 2022, overseas purchases of styrene polymers; waste, parings and scraps decreased by -26.5% to 1.3 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. As a result, imports attained the peak of 7.3 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of styrene polymers; waste, parings and scraps declined notably to $3.7K in 2022. Overall, imports continue to indicate a significant decline. The smallest decline of -36.2% was in 2021.

Import of Styrene Polymers; Waste, Parings and Scrap in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey15.40.74.43.0-42.0%
Spain10.40.31.40.6-61.4%
AustriaN/A8.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total25.89.15.83.7-47.7%

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Algeria in 2022:

  1. Turkey (1317.0 kg)
  2. Spain (17.0 kg)

Source: IndexBox Market Intelligence Platform

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