Price for Styrene Polymers; Waste, Parings and Scrap in Russia - 2022
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in Russia (CIF) - 2022
- Price for Styrene Polymers; Waste, Parings and Scrap in Russia (FOB) - 2022
- Imports of Styrene Polymers; Waste, Parings and Scrap in Russia
- Exports of Styrene Polymers; Waste, Parings and Scrap in Russia
Price for Styrene Polymers; Waste, Parings and Scrap in Russia (CIF) - 2022
The average import price for styrene polymers; waste, parings and scraps stood at $1,018 per ton in 2022, with an increase of 28% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for styrene polymers; waste, parings and scraps increased by +98.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 55%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,026 per ton), while the price for Kazakhstan totaled $818 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Styrene Polymers; Waste, Parings and Scrap in Russia (FOB) - 2022
The average export price for styrene polymers; waste, parings and scraps stood at $262 per ton in 2022, with a decrease of -72.4% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 96%. Over the period under review, the average export prices attained the peak figure at $1,307 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($848 per ton), while the average price for exports to Uzbekistan ($32 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 Turkey (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Styrene Polymers; Waste, Parings and Scrap in Russia
In 2022, the amount of styrene polymers; waste, parings and scraps imported into Russia contracted significantly to 575 tons, which is down by -57.3% on the previous year's figure. Over the period under review, imports faced a significant curtailment. The smallest decline of -8.1% was in 2020.
In value terms, imports of styrene polymers; waste, parings and scraps declined significantly to $585K in 2022. In general, imports faced a dramatic decline. The smallest decline of -12.3% was in 2021.
| Import of Styrene Polymers; Waste, Parings and Scrap in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 983 | 401 | 130 | 567 | -16.8% |
| Kazakhstan | 1.3 | N/A | N/A | 18.2 | 141.0% |
| Belarus | 666 | 820 | 941 | N/A | 18.9% |
| Others | 49.1 | N/A | N/A | N/A | 0% |
| Total | 1,700 | 1,221 | 1,071 | 585 | -29.9% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Russia in 2022:
- Japan (553.0 tons)
- Kazakhstan (22.2 tons)
Exports of Styrene Polymers; Waste, Parings and Scrap in Russia
Exports of styrene polymers; waste, parings and scraps from Russia skyrocketed to 348 tons in 2022, with an increase of 61% against 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 143% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of styrene polymers; waste, parings and scraps declined markedly to $91K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 151%. As a result, the exports attained the peak of $204K, and then reduced notably in the following year.
| Export of Styrene Polymers; Waste, Parings and Scrap in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.0 | N/A | 141 | 41.7 | 81.3% |
| Belarus | 29.7 | 20.4 | 36.2 | 26.2 | -4.1% |
| Armenia | N/A | N/A | N/A | 12.0 | 0% |
| Kyrgyzstan | N/A | N/A | N/A | 6.0 | 0% |
| Uzbekistan | N/A | N/A | 3.3 | 3.3 | 0.0% |
| Kazakhstan | N/A | 51.3 | 2.7 | 0.8 | -87.5% |
| Lithuania | N/A | 7.5 | 20.5 | N/A | 173.3% |
| Others | 6.2 | 2.1 | 0.8 | 1.1 | -43.8% |
| Total | 43.0 | 81.3 | 204 | 91.0 | 28.4% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Russia in 2022:
- Uzbekistan (101.6 tons)
- Kyrgyzstan (92.3 tons)
- Armenia (60.1 tons)
- Turkey (49.2 tons)
- Belarus (42.7 tons)
- Kazakhstan (0.8 tons)
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