United Kingdom - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Expansible Polystyrene Price in the UK - 2023

Contents:

  1. Expansible Polystyrene Price in the UK (CIF) - 2023
  2. Expansible Polystyrene Price in the UK (FOB) - 2022
  3. Expansible Polystyrene Imports in the UK
  4. Expansible Polystyrene Exports in the UK

Expansible Polystyrene Price in the UK (CIF) - 2023

In June 2023, the average expansible polystyrene import price amounted to $1,968 per ton, waning by -4.6% against the previous month. In general, the import price saw a noticeable descent. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 9.8% month-to-month. Over the period under review, average import prices hit record highs at $3,144 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Belgium ($2,495 per ton) and Poland ($2,127 per ton), while the price for the Netherlands ($1,823 per ton) and France ($1,849 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (-1.8%), while the prices for the other major suppliers experienced a decline.

Expansible Polystyrene Price in the UK (FOB) - 2022

The average expansible polystyrene export price stood at $2,844 per ton in 2022, increasing by 72% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The export price peaked at $3,416 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($6,013 per ton), while the average price for exports to Thailand ($282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Expansible Polystyrene Imports in the UK

In 2022, the amount of expansible polystyrene in primary forms imported into the UK declined notably to 65K tons, waning by -25% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of 87K tons, and then shrank significantly in the following year.

In value terms, expansible polystyrene imports contracted slightly to $176M in 2022. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 113%. As a result, imports attained the peak of $185M, and then reduced modestly in the following year.

Import of Expansible Polystyrene in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.741.788.567.719.5%
Netherlands20.111.710.825.68.4%
Finland9.510.031.815.818.5%
France17.19.49.212.2-10.6%
Poland0.81.48.410.4135.1%
Belgium1.63.39.010.184.8%
TurkeyN/AN/A6.810.047.1%
NorwayN/AN/A4.98.573.5%
Others13.69.115.816.05.6%
Total10386.718517619.6%

Top Suppliers of Expansible Polystyrene to the UK in 2022:

  1. Germany (24.6K tons)
  2. Netherlands (9.9K tons)
  3. Finland (6.1K tons)
  4. France (4.9K tons)
  5. Turkey (3.6K tons)
  6. Poland (3.5K tons)
  7. Belgium (3.5K tons)
  8. Norway (3.4K tons)

Expansible Polystyrene Exports in the UK

Expansible polystyrene exports from the UK declined dramatically to 1.1K tons in 2022, dropping by -70.3% on the previous year. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.9% against the previous year.

In value terms, expansible polystyrene exports reduced notably to $3M in 2022. Overall, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of $8.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Expansible Polystyrene in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain46993.9410442-2.0%
United States2825885173457.0%
Ireland2,1081,854512286-48.6%
Netherlands241214322235-0.8%
Japan17532155.42228.3%
Norway1.54.76.6191403.1%
China14517.153.81582.9%
France2,7104,392386125-64.1%
Portugal132108490124-2.1%
Germany17568.238.081.9-22.4%
Belgium1.00.58.165.5303.1%
Italy31.7N/A15.049.115.7%
ThailandN/AN/AN/A8.30%
Others1,1161,1033,086682-15.1%
Total7,5868,7645,8993,015-26.5%

Top Export Markets for Expansible Polystyrene from the UK in 2022:

  1. Spain (328.8 tons)
  2. United States (90.0 tons)
  3. Portugal (80.6 tons)
  4. Ireland (60.7 tons)
  5. Japan (58.4 tons)
  6. China (56.2 tons)
  7. Germany (52.6 tons)
  8. Norway (39.5 tons)
  9. Netherlands (39.1 tons)
  10. Thailand (29.5 tons)
  11. France (24.1 tons)
  12. Italy (23.9 tons)
  13. Belgium (18.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expansible 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

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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