Price for Styrene Polymers; Waste, Parings and Scrap in Germany - 2023
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in Germany (CIF) - 2023
- Price for Styrene Polymers; Waste, Parings and Scrap in Germany (FOB) - 2023
- Imports of Styrene Polymers; Waste, Parings and Scrap in Germany
- Exports of Styrene Polymers; Waste, Parings and Scrap in Germany
Price for Styrene Polymers; Waste, Parings and Scrap in Germany (CIF) - 2023
The average import price for styrene polymers; waste, parings and scraps stood at $457 per ton in December 2023, with a decrease of -25.5% against the previous month. Overall, the import price showed a deep slump. The pace of growth appeared the most rapid in August 2023 an increase of 32% against the previous month. The import price peaked at $881 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from the United States ($863 per ton) and the UK ($680 per ton), while the price for Switzerland ($589 per ton) and Norway ($605 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Norway (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Styrene Polymers; Waste, Parings and Scrap in Germany (FOB) - 2023
The average export price for styrene polymers; waste, parings and scraps stood at $351 per ton in December 2023, which is down by -19.4% against the previous month. In general, the export price saw a mild downturn. The growth pace was the most rapid in May 2023 an increase of 12% month-to-month. Over the period under review, the average export prices reached the peak figure at $488 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($415 per ton), while the average price for exports to Switzerland ($87.0 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Styrene Polymers; Waste, Parings and Scrap in Germany
In 2022, the amount of styrene polymers; waste, parings and scraps imported into Germany fell to 25K tons, with a decrease of -5.3% on the year before. In general, imports continue to indicate a mild reduction. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of 27K tons, and then contracted in the following year.
In value terms, imports of styrene polymers; waste, parings and scraps skyrocketed to $21M in 2022. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Styrene Polymers; Waste, Parings and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.5 | 0.9 | 1.7 | 3.2 | 85.7% |
| France | 2.4 | 1.5 | 2.7 | 2.5 | 1.4% |
| Czech Republic | 2.1 | 1.2 | 1.4 | 2.3 | 3.1% |
| Switzerland | 0.9 | 0.6 | 1.8 | 2.3 | 36.7% |
| Poland | 0.5 | 0.4 | 1.0 | 1.9 | 56.0% |
| United Kingdom | 1.2 | 0.8 | 1.6 | 1.9 | 16.6% |
| Netherlands | 0.7 | 0.7 | 1.0 | 1.3 | 22.9% |
| Austria | 2.4 | 1.6 | 2.0 | 1.3 | -18.5% |
| Norway | 2.3 | 0.2 | 0.4 | 0.6 | -36.1% |
| Sweden | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Others | 1.7 | 1.7 | 2.7 | 3.6 | 28.4% |
| Total | 14.9 | 10.1 | 16.8 | 21.3 | 12.6% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Germany in 2022:
- Italy (5.6K tons)
- Switzerland (3.9K tons)
- France (2.8K tons)
- Czech Republic (2.5K tons)
- United Kingdom (2.1K tons)
- Poland (1.4K tons)
- Netherlands (1.3K tons)
- Austria (1.3K tons)
- Norway (0.5K tons)
- Sweden (0.4K tons)
Exports of Styrene Polymers; Waste, Parings and Scrap in Germany
In 2022, shipments abroad of styrene polymers; waste, parings and scraps decreased by -4.1% to 21K tons, falling for the second year in a row after two years of growth. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 4.7%. As a result, the exports reached the peak of 61K 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 skyrocketed to $9.8M in 2022. Overall, exports continue to indicate a drastic downturn.
| Export of Styrene Polymers; Waste, Parings and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.3 | 0.5 | 1.9 | 2.7 | 108.0% |
| Netherlands | 0.9 | 0.9 | 1.2 | 1.9 | 28.3% |
| Austria | 1.6 | 1.0 | 1.1 | 1.8 | 4.0% |
| Malaysia | 7.7 | 8.6 | 0.4 | 1.3 | -44.7% |
| Poland | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| Czech Republic | 0.3 | 0.5 | 0.5 | 0.4 | 10.1% |
| France | 0.9 | 0.6 | 0.5 | 0.1 | -51.9% |
| Hong Kong SAR | 2.6 | 2.2 | N/A | N/A | -15.4% |
| Others | 2.0 | 0.8 | 1.3 | 1.0 | -20.6% |
| Total | 16.5 | 15.4 | 7.3 | 9.8 | -15.9% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Germany in 2022:
- Austria (5.7K tons)
- Turkey (5.4K tons)
- Netherlands (3.7K tons)
- Malaysia (2.4K tons)
- Poland (1.4K tons)
- Czech Republic (1.1K tons)
- France (0.4K tons)
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