Price for Styrene Polymers; Waste, Parings and Scrap in Belgium - 2023
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in Belgium (FOB) - 2023
- Price for Styrene Polymers; Waste, Parings and Scrap in Belgium (CIF) - 2023
- Exports of Styrene Polymers; Waste, Parings and Scrap in Belgium
- Imports of Styrene Polymers; Waste, Parings and Scrap in Belgium
Price for Styrene Polymers; Waste, Parings and Scrap in Belgium (FOB) - 2023
In December 2023, the average export price for styrene polymers; waste, parings and scraps amounted to $601 per ton, increasing by 42% against the previous month. Over the period under review, export price indicated a moderate expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for styrene polymers; waste, parings and scraps decreased by -26.8% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 111% against the previous month. As a result, the export price attained the peak level of $866 per ton. From February 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($395 per ton), while the average price for exports to Taiwan (Chinese) ($170 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Styrene Polymers; Waste, Parings and Scrap in Belgium (CIF) - 2023
In December 2023, the average import price for styrene polymers; waste, parings and scraps amounted to $595 per ton, with a decrease of -19.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 18% month-to-month. The import price peaked at $760 per ton in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Canada ($948 per ton), while the price for Norway ($117 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Canada (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Styrene Polymers; Waste, Parings and Scrap in Belgium
In 2022, the amount of styrene polymers; waste, parings and scraps exported from Belgium soared to 15K tons, jumping by 49% compared with the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 110%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of styrene polymers; waste, parings and scraps skyrocketed to $12M in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 61% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Styrene Polymers; Waste, Parings and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 3.2 | 5.8 | 6.5 | 26.6% |
| Czech Republic | N/A | N/A | N/A | 1.5 | 0% |
| France | 0.3 | 0.3 | 0.4 | 1.3 | 63.0% |
| Germany | 0.1 | 0.1 | 0.7 | 1.1 | 122.4% |
| Turkey | N/A | 0.2 | 0.8 | 1.0 | 123.6% |
| Malaysia | 0.3 | 2.3 | 0.1 | 0.3 | 0.0% |
| Taiwan (Chinese) | 0.1 | 0.4 | 0.1 | N/A | 0.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Total | 4.1 | 6.6 | 7.9 | 12.3 | 44.2% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Belgium in 2022:
- Netherlands (5.7K tons)
- Turkey (4.1K tons)
- France (2.1K tons)
- Czech Republic (1.1K tons)
- Germany (1.0K tons)
- Malaysia (0.7K tons)
- Taiwan (Chinese) (0.1K tons)
Imports of Styrene Polymers; Waste, Parings and Scrap in Belgium
In 2022, approx. 9.8K tons of styrene polymers; waste, parings and scraps were imported into Belgium; with an increase of 45% against the previous year's figure. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of styrene polymers; waste, parings and scraps surged to $6.4M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 155% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Styrene Polymers; Waste, Parings and Scrap in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 71.7 | 128 | 699 | 2,293 | 217.4% |
| France | 667 | 724 | 1,389 | 2,268 | 50.4% |
| United Kingdom | 9.6 | 13.8 | 175 | 783 | 333.7% |
| Germany | 13.6 | 61.1 | 239 | 662 | 265.1% |
| Denmark | N/A | 2.8 | N/A | 185 | 712.8% |
| Others | 34.4 | 84.8 | 82.9 | 222 | 86.2% |
| Total | 796 | 1,015 | 2,585 | 6,414 | 100.5% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Belgium in 2022:
- France (4.9K tons)
- Netherlands (2.1K tons)
- Germany (1.2K tons)
- United Kingdom (1.1K tons)
- Denmark (0.3K tons)
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