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Croatia - Styrene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStyrene Price in Croatia - 2023
Contents:
- Styrene Price in Croatia (CIF) - 2023
- Styrene Price in Croatia (FOB) - 2022
- Styrene Imports in Croatia
- Styrene Exports in Croatia
Styrene Price in Croatia (CIF) - 2023
In July 2023, the average styrene import price amounted to $1,137 per ton, which is down by -2.6% against the previous month. In general, the import price showed a pronounced setback. The pace of growth was the most pronounced in January 2023 an increase of 16% month-to-month. Over the period under review, average import prices hit record highs at $1,898 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($1,222 per ton), while the price for the Netherlands ($1,113 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (-3.6%), while the prices for the other major suppliers experienced a decline.
Styrene Price in Croatia (FOB) - 2022
In 2022, the average styrene export price amounted to $2,978 per ton, jumping by 16% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, styrene export price increased by +64.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($3,376 per ton) and Romania ($2,846 per ton), while the average price for exports to Greece ($2,373 per ton) and Bosnia and Herzegovina ($2,840 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Styrene Imports in Croatia
After three years of growth, purchases abroad of styrene decreased by -8.1% to 5.1K tons in 2022. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of 5.5K tons, and then declined in the following year.
In value terms, styrene imports reached $9M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Styrene in Croatia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 3.0 | 2.0 | 5.2 | 7.3 | 34.5% |
Italy | 1.9 | 1.6 | 2.1 | 1.1 | -16.7% |
Belgium | 0.1 | 0.3 | 0.9 | 0.6 | 81.7% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 5.1 | 4.0 | 8.1 | 9.0 | 20.8% |
Top Suppliers of Styrene to Croatia in 2022:
- Netherlands (4.2K tons)
- Italy (0.5K tons)
- Belgium (0.3K tons)
Styrene Exports in Croatia
Styrene exports from Croatia declined to 18 tons in 2022, reducing by -7.9% against 2021. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.
In value terms, styrene exports rose notably to $54K in 2022. Overall, exports recorded a slight setback. The pace of growth was the most pronounced in 2021 when exports increased by 63%.
Export of Styrene in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 19.7 | 9.0 | 14.4 | 24.3 | 7.2% |
Bosnia and Herzegovina | 28.3 | 15.6 | 24.2 | 21.6 | -8.6% |
Greece | 4.8 | 4.3 | 6.9 | 6.8 | 12.3% |
Romania | 0.9 | 1.2 | 1.3 | 1.5 | 18.6% |
Slovenia | N/A | 1.1 | 4.0 | N/A | 263.6% |
Czech Republic | 3.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 57.2 | 31.2 | 50.9 | 54.3 | -1.7% |
Top Export Markets for Styrene from Croatia in 2022:
- Bosnia and Herzegovina (7.6 tons)
- Hungary (7.2 tons)
- Greece (2.9 tons)
- Romania (0.5 tons)
This report provides an in-depth analysis of the styrene market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141250 - Styrene
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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