Price for Styrene Polymers; Waste, Parings and Scrap in Estonia - 2023

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $231 per ton in 2022, reducing by -58.9% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 111%. As a result, the export price attained the peak level of $562 per ton, and then contracted notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($333 per ton), while the average price for exports to Finland stood at $177 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for styrene polymers; waste, parings and scraps stood at $1,141 per ton in 2022, declining by -95.9% against the previous year. Over the period under review, the import price, however, continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 334%. Over the period under review, average import prices attained the maximum at $27,690 per ton in 2021, and then reduced rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -11.9% per year.

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

In 2022, overseas shipments of styrene polymers; waste, parings and scraps decreased by -80% to 35 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 438 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of styrene polymers; waste, parings and scraps reduced rapidly to $8K in 2022. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. As a result, the exports reached the peak of $116K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Finland (22.7 tons)
2. Poland (11.9 tons)

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

In 2022, approx. 1.1 tons of styrene polymers; waste, parings and scraps were imported into Estonia; growing by 3,693% compared with the year before. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps surged to $1.3K in 2022. Over the period under review, total imports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +56.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Russia (1.1 tons)

Source: IndexBox Market Intelligence Platform