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

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $651 per ton in 2022, jumping by 114% against the previous year. Over the period under review, the export price recorded tangible growth. The most prominent rate of growth was recorded in 2020 an increase of 221% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($749 per ton), while the average price for exports to Poland ($407 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 Lithuania (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $1,787 per ton, remaining constant against the previous year. Overall, the import price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 225% against the previous year. Over the period under review, average import prices hit record highs at $4,569 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,825 per ton), while the price for Lithuania totaled $1,620 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+48.7%).

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

In 2022, exports of styrene polymers; waste, parings and scraps from Latvia soared to 168 tons, surging by 4,329% compared with 2021 figures. Over the period under review, exports, however, faced a sharp decrease.

In value terms, exports of styrene polymers; waste, parings and scraps soared to $109K in 2022. In general, exports saw a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (115.2 tons)
2. Poland (51.7 tons)

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

In 2022, imports of styrene polymers; waste, parings and scraps into Latvia surged to 422 kg, with an increase of 421% on the previous year's figure. Overall, imports, however, continue to indicate a dramatic decline.

In value terms, imports of styrene polymers; waste, parings and scraps skyrocketed to $754 in 2022. In general, imports, however, saw a precipitous shrinkage.

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

1. Finland (343.0 kg)
2. Lithuania (79.0 kg)

Source: IndexBox Market Intelligence Platform