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Throughout the review period, Polystyrene imports peaked at 1.4M tons in 2020, but failed to regain momentum from 2021 to 2023. The value of Polystyrene imports significantly decreased to $707M in 2023.
From March 2023 to November 2023, Polystyrene exports experienced a lack of growth momentum, with a significant decline in value to $4.3M in November 2023.
Polystyrene imports experienced the most rapid growth in May 2023 with a month-on-month increase of 16%. In terms of value, imports reached a total of $9.6M in November 2023.
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In February 2023, Polystyrene exports experienced the highest growth rate, with a month-to-month increase of 46%. However, in July 2023, the value of Polystyrene exports saw a contraction, declining to $12M.
In June 2023, the price of Polystyrene was $1,762 per ton (CIF, Mexico), decreasing by -3.3% compared to the previous month.
In May 2023, the price of Polystyrene stood at $1,808 per ton (CIF, Italy), experiencing a decrease of -2% compared to the previous month.
In March 2023, the polystyrene price stood at $1,260 per ton (FOB, Hong Kong), increasing by 11% against the previous month.
In February 2023, the polystyrene price stood at $2,567 per ton (CIF, United Kingdom), shrinking by -4.3% against the previous month.
In December 2022, the price of polystyrene per ton (CIF Poland) decreased 4.9% to $2,049 compared to the previous month.
In August 2022, the polystyrene price amounted to $2,453 per ton (FOB, France), waning by -13.6% against the previous month.
EU polystyrene imports spiked from $2.2B in 2020 to $2.4B in 2021. In physical terms, supplies rose from 2.2M tons to 2.6M tons.