Global Abs Copolymers Market 2024

Abs Copolymers Market Size

The global ABS copolymers market dropped to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a mild slump. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the global market remained at a somewhat lower figure.

Abs Copolymers Production

In value terms, ABS copolymers production amounted to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, global production growth failed to regain momentum.

Abs Copolymers Exports

Exports

In 2023, global abs copolymers exports rose modestly to X tons, with an increase of X% against 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the global exports attained the peak figure at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, ABS copolymers exports dropped slightly to $X in 2023. Over the period under review, exports, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

South Korea (X tons) and Taiwan (Chinese) (X tons) represented the key exporters of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms in 2023, accounting for near X% and X% of total exports, respectively. Malaysia (X tons) took the next position in the ranking, followed by Belgium (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Netherlands (X tons), Hong Kong SAR (X tons), China (X tons), the United States (X tons), Saudi Arabia (X tons), Thailand (X tons) and Japan (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Saudi Arabia (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Belgium ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of global exports. Malaysia, the Netherlands, the United States, China, Hong Kong SAR, Saudi Arabia, Japan and Thailand lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average ABS copolymers export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other global leaders experienced mixed trends in the export price figures.

Abs Copolymers Imports

Imports

In 2023, the amount of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms imported worldwide dropped to X tons, waning by X% against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global imports peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, ABS copolymers imports contracted notably to $X in 2023. Overall, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) was the largest importer of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, generating X% of total imports. Malaysia (X tons) took the second position in the ranking, followed by Vietnam (X tons), Germany (X tons) and the United States (X tons). All these countries together took near X% share of total imports. The following importers - Turkey (X tons), Hong Kong SAR (X tons), India (X tons), Thailand (X tons), Mexico (X tons), Italy (X tons), Spain (X tons) and Indonesia (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to ABS copolymers imports into China stood at X%. At the same time, Malaysia (X%), Spain (X%), India (X%), Vietnam (X%), Turkey (X%), Mexico (X%) and the United States (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Italy, Indonesia and Germany experienced a relatively flat trend pattern. By contrast, Thailand (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Vietnam (X p.p.), Turkey (X p.p.), India (X p.p.) and Spain (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of China (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported acrylonitrile-butadiene-styrene (abs) copolymers in primary forms worldwide, comprising X% of global imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In China, ABS copolymers imports plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average ABS copolymers import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a mild descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mexico ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform