Overview of the Global Market for Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate)

Market Size for Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate)

The global market for acrylic polymers, in primary forms (excluding polymethyl methacrylate) rose significantly to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate)

In value terms, production of acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X in 2023 estimated in export price. In general, the total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. 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 of growth failed to regain momentum.

Exports of Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate)

Exports

In 2023, overseas shipments of acrylic polymers, in primary forms (excluding polymethyl methacrylate) decreased by X% to X tons, falling for the second year in a row after eight years of growth. Over the period under review, total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X%. The global exports peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) shrank to $X in 2023. Overall, total exports indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the global exports of reached the peak figure at $X in 2022, and then contracted in the following year.

Exports by Country

The biggest shipments were from China (X tons), South Korea (X tons), Germany (X tons), France (X tons), Belgium (X tons), the United States (X tons), Japan (X tons), Turkey (X tons), Taiwan (Chinese) (X tons), the Netherlands (X tons), Malaysia (X tons) and Italy (X tons), together finishing at X% of total export.

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

In value terms, Germany ($X), China ($X) and South Korea ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of global exports.

China, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average export price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) stood at $X per ton in 2023, reducing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Imports of Acrylic Polymers, In Primary Forms (excluding Polymethyl Methacrylate)

Imports

In 2023, supplies from abroad of acrylic polymers, in primary forms (excluding polymethyl methacrylate) decreased by X% to X tons, falling for the second year in a row after ten years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of global imports of failed to regain momentum.

In value terms, imports of acrylic polymers, in primary forms (excluding polymethyl methacrylate) shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Global imports peaked at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, China (X tons), followed by Germany (X tons) and the United States (X tons) represented the main importers of acrylic polymers, in primary forms (excluding polymethyl methacrylate), together creating X% of total imports. Italy (X tons), India (X tons), Poland (X tons), Canada (X tons), France (X tons), Turkey (X tons), Vietnam (X tons), Belgium (X tons), the Netherlands (X tons) and Spain (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of X% from 2012 to 2023. At the same time, India (X%), Vietnam (X%), Turkey (X%), the United States (X%), Spain (X%), Canada (X%), Poland (X%) and Italy (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Belgium, France, the Netherlands and Germany experienced a relatively flat trend pattern. From 2012 to 2023, the share of China, India and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest acrylic polymers, in primary forms (excluding polymethyl methacrylate) importing markets worldwide were China ($X), Germany ($X) and the United States ($X), together accounting for X% of global imports. Italy, Canada, India, Poland, Belgium, France, the Netherlands, Spain, Turkey and Vietnam lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for acrylic polymers, in primary forms (excluding polymethyl methacrylate) amounted to $X per ton, declining by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform