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

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $764 per ton in 2022, reducing by -25.5% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by 67%. The export price peaked at $1,487 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,732 per ton), while the average price for exports to Poland ($608 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 (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $705 per ton, which is down by -6.5% against the previous year. In general, the import price showed a perceptible contraction. The growth pace was the most rapid in 2018 when the average import price increased by 1,417% against the previous year. As a result, import price reached the peak level of $3,065 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,698 per ton), while the price for Romania ($575 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+65.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Slovakia recorded growth in overseas shipments of styrene polymers; waste, parings and scraps, which increased by 87% to 5.4K tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of styrene polymers; waste, parings and scraps surged to $4.1M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.2% against 2019 indices. 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 Slovakia in 2022:

1. Poland (3.2K tons)
2. Czech Republic (1.4K tons)
3. Spain (0.6K tons)
4. Germany (0.1K tons)

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

In 2022, the amount of styrene polymers; waste, parings and scraps imported into Slovakia soared to 847 tons, jumping by 32% compared with the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,381%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps skyrocketed to $597K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 3,192% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Hungary (343.3 tons)
2. Croatia (291.0 tons)
3. Romania (93.8 tons)
4. Netherlands (64.9 tons)
5. Poland (50.4 tons)
6. Czech Republic (0.5 tons)

Source: IndexBox Market Intelligence Platform