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

Contents:

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

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

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $613 per ton, surging by 124% against the previous year. In general, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 180%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1,060 per ton), while the average price for exports to Bulgaria ($94 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for styrene polymers; waste, parings and scraps stood at $716 per ton in 2022, rising by 66% against the previous year. Over the period under review, the import price, however, continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2015 an increase of 84%. Over the period under review, average import prices reached the peak figure at $9,365 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($3,009 per ton), while the price for Austria amounted to $619 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+84.1%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas shipments of styrene polymers; waste, parings and scraps decreased by -71.4% to 955 tons in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports attained the peak of 3.3K tons, and then declined notably in the following year.

In value terms, exports of styrene polymers; waste, parings and scraps contracted remarkably to $585K in 2022. Overall, exports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of $913K, and then shrank remarkably in the following year.

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

1. Slovakia (581.7 tons)
2. Poland (203.7 tons)
3. Germany (121.9 tons)
4. Turkey (27.9 tons)
5. Bulgaria (17.1 tons)
6. Italy (2.3 tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of styrene polymers; waste, parings and scraps, when their volume decreased by -92.5% to 39 tons. In general, imports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 186% against the previous year. As a result, imports attained the peak of 526 tons, and then fell sharply in the following year.

In value terms, imports of styrene polymers; waste, parings and scraps declined remarkably to $28K in 2022. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 222%. As a result, imports attained the peak of $227K, and then contracted notably in the following year.

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

1. Austria (37.8 tons)
2. Czech Republic (1.6 tons)

Source: IndexBox Market Intelligence Platform