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United Kingdom - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Kingdom - Polystyrene, In Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 2, 2023

Polystyrene Price in UK Declines Slightly to $2,567 per Ton

United Kingdom Polystyrene Import Price in February 2023

In February 2023, the polystyrene price stood at $2,567 per ton (CIF, United Kingdom), shrinking by -4.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 an increase of 16% against the previous month. Over the period under review, average import prices attained the maximum at $3,228 per ton in June 2022; however, from July 2022 to February 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($7,475 per ton), while the price for Poland ($1,498 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced a decline.

COUNTRYImport Price of Polystyrene in United Kingdom (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
France2,21413,9192,3912,4798,3132,6127,5252,1416,9736,2045,959N/A7,475
Turkey2,7102,6082,7433,1233,0111,3202,9442,3802,2792,1951,6801,9742,495
Germany2,6722,9462,9282,9723,1123,6792,9122,3992,1862,1792,1332,4652,294
Belgium2,1952,3082,0962,5192,6582,6532,5122,0171,9291,9531,9091,9052,108
Netherlands2,6902,7433,0133,0083,0523,0132,5762,0742,0732,0402,1322,0162,047
Finland3,0762,6512,7853,0483,0902,9632,7142,3872,0732,3302,1751,9772,023
Italy2,5762,5132,4564,1642,5262,8652,6092,0062,2992,1472,0442,0531,953
Poland3,4202,5204,1784,0773,2562,8582,6012,1082,2951,5612,1622,2301,498
Average2,5532,9682,6552,9053,2282,7253,0392,2592,4302,2122,3342,6832,567

United Kingdom Polystyrene Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was polystyrene in primary forms (excluding expansible polystyrene) ($3,660 per ton), while the price for expansible polystyrene in primary forms amounted to $2,066 per ton.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by polystyrene in primary forms (+4.4%).

United Kingdom Polystyrene Imports

In February 2023, polystyrene imports into the UK fell to 5.3K tons, shrinking by -9.6% on the previous month's figure. Overall, imports saw a perceptible downturn. The most prominent rate of growth was recorded in July 2022 with an increase of 32% month-to-month. As a result, imports attained the peak of 10K tons. From August 2022 to February 2023, the growth of imports failed to regain momentum.

In value terms, polystyrene imports reduced to $14M (IndexBox estimates) in February 2023. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in January 2023 when imports increased by 29% month-to-month.

United Kingdom Polystyrene Imports by Type

In February 2023, expansible polystyrene in primary forms (3.6K tons) constituted the largest type of polystyrene supplied to the UK, accounting for a 69% share of total imports. Moreover, expansible polystyrene in primary forms exceeded the figures recorded for the second-largest type, polystyrene in primary forms (excluding expansible polystyrene) (1.7K tons), twofold.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of expansible polystyrene in primary forms amounted to -3.0%.

In value terms, the most traded types of polystyrene in the UK were expansible polystyrene in primary forms ($7.5M) and polystyrene in primary forms (excluding expansible polystyrene) ($6.1M).

United Kingdom Polystyrene Imports by Country

Belgium (1K tons), Germany (902 tons) and the Netherlands (616 tons) were the main suppliers of polystyrene imports to the UK, together comprising 48% of total imports. Poland, Finland, France, Italy and Turkey lagged somewhat behind, together accounting for a further 39%.

From February 2022 to February 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +8.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($3.6M), Belgium ($2.2M) and Germany ($2.1M) appeared to be the largest polystyrene suppliers to the UK, with a combined 58% share of total imports. the Netherlands, Finland, Poland, Italy and Turkey lagged somewhat behind, together comprising a further 30%.

Finland, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polystyrene market in the UK. 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 20162035 - Expansible polystyrene, in primary forms
  • Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

Country coverage:

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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