Which Country Exports the Most Polystyrene in the World?

Plastics And Synthetic Rubber In Primary Forms May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global polystyrene exports totaled 11M tonnes in 2016, ascending by 6% against the previous year level. In general, polystyrene exports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2010, when export increased by 7% year-to-year. Over the period under review, global polystyrene exports reached its maximum volume of 13M tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.

In value terms, polystyrene exports totaled $16B in 2016. In general, polystyrene exports continue to indicate a noticeable deduction. Global polystyrene export peaked of $22B in 2011; however, from 2012 to 2016, it failed to regain its strength.

Top Polystyrene Exporting Countries in the World

1. South Korea (3.1 billion USD)

2. Belgium (1.7 billion USD)

3. China, Hong Kong SAR (1.4 billion USD)

4. USA (1.3 billion USD)

5. Netherlands (1.1 billion USD)

6. France (0.7 billion USD)

7. Germany (0.6 billion USD)

8. Mexico (0.6 billion USD)

9. China (0.5 billion USD)

10. Singapore (0.5 billion USD)

11. Thailand (0.5 billion USD)

12. Malaysia (0.5 billion USD)

Polystyrene Exports By Country

In 2016, South Korea (2.1M tonnes), distantly followed by Belgium (1.2M tonnes), China, Hong Kong SAR (944K tonnes), the U.S. (821K tonnes), the Netherlands (647K tonnes), and France (523K tonnes) were the largest exporters of polystyrene, together achieving 57% of total exports. Germany (425K tonnes), China (368K tonnes), Thailand (347K tonnes), Malaysia (346K tonnes), Mexico (340K tonnes), and Singapore (336K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of polystyrene exports, among the main exporting countries, was attained by Mexico (+2.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($3.1B), Belgium ($1.7B) and China, Hong Kong SAR ($1.4B) appeared as the countries with the highest levels of exports in 2016, with a combined 38% share of global exports. These countries were followed by the U.S., the Netherlands, France, Germany, Mexico, China, Singapore, Thailand and Malaysia, which together accounted for a further 38%.

Mexico (+2.7% per year) had the highest growth rate of polystyrene exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced a decline in the exports figures.

Polystyrene Export Prices By Country

In 2016, the average export price for polystyrene amounted to $1,494 per tonne, descending by -10.3% against the previous year. In general, polystyrene export price continues to indicate a mild deduction. The growth pace was the most rapid in 2010, when export increased by 18% from the previous year level. Global polystyrene export peaked of $2,180 per tonne in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Average export prices varied noticeably amongst major exporting countries. In 2016, major exporting countries recorded the following export prices: in the Netherlands ($1,659 per tonne) and Mexico ($1,624 per tonne), while Malaysia ($1,343 per tonne) and Thailand ($1,368 per tonne) were among the lowest.

From 2007 to 2016, the most notable growth rate of polystyrene export prices was attained by Mexico (-0.1% per year), while the other global leaders experienced a decline in the export price figures.

Do you want to know more about global polystyrene market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • polystyrene market share
  • polystyrene prices
  • polystyrene industry
  • polystyrene sales
  • polystyrene import
  • polystyrene export
  • polystyrene market forecast
  • polystyrene price forecast
  • key polystyrene producers

All data provided in this article covers the following product: HS Code 3903 - Polymers of styrene, in primary forms.

Source: World: Polystyrene, In Primary Forms - Market Report. Analysis and Forecast to 2025