Polystyrene in Primary Forms Market

Polystyrene in primary forms market: get access to the most recent datasets empowered by an Ai-driven business intelligence tool. Datasets provide consumption, market prices, trade, imports, production, exports, market size, and companies. Here is a breakdown by country, including Russia, the U.K., the Middle East, Africa, Latin America, EU, China, and the U.S. Market trends and forecast to 2030 are also featured in the reports.


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Polystyrene in Primary Forms - World's Largest Markets

RatingCountry
1China
2United States
3India
4Brazil
5Japan

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by India.

In China, the polystyrene in primary forms market increased at an average annual rate of +4.8% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-11.8% per year) and India (-6.2% per year).

Polystyrene In Primary Forms Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Malaysia11531020780-17.8%
Thailand14041115794-24.8%
Iran14041068898-20.0%
South Korea13411428927-16.9%
Japan13151121998-12.9%
Saudi Arabia146912021010-17.1%
Singapore153112451037-17.7%
Belgium160912781059-18.9%
Germany193512091070-25.6%
France162013461113-17.1%
Hong Kong SAR153713061195-11.8%
Italy159913501199-13.4%
United States286623351414-29.8%
Average156813241066-17.5%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($1,414 per ton), while Malaysia ($780 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Mexico161115711407-6.5%
United States165215281259-12.7%
Canada156314041239-11.0%
Poland164713531175-15.5%
Hong Kong SAR153412881172-12.6%
Vietnam163813081150-16.2%
Spain148014671121-13.0%
France162913911120-17.1%
Germany158713181118-16.1%
Turkey158013141084-17.2%
Italy149712471055-16.1%
China141312071042-14.1%
Malaysia1312977667-28.7%
Average153412991100-15.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($1,407 per ton), while Malaysia ($667 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced a decline in the import price figures.

Polystyrene in Primary Forms - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.51.51.4-4.0%
Germany0.40.30.2-19.0%
Malaysia0.10.090.26.7%
Italy0.30.20.2-27.6%
Vietnam0.20.10.1-8.4%

In value terms, China ($1.4B) constitutes the largest market for imported polystyrene in primary forms (excluding expansible polystyrene) worldwide, comprising 32% of global imports. The second position in the ranking was occupied by Germany ($233M), with a 5.3% share of global imports. It was followed by Malaysia, with a 3.5% share.

In China, polystyrene in primary forms imports declined by an average annual rate of -4.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (-19.0% per year) and Malaysia (+6.7% per year).

Polystyrene in Primary Forms - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Belgium0.10.10.464.7%
France0.50.40.4-12.9%
Hong Kong SAR0.30.30.3-0.7%
Singapore0.40.30.2-22.5%
United States0.30.20.2-11.6%

In value terms, the largest polystyrene in primary forms supplying countries worldwide were Belgium ($388M), France ($363M) and Hong Kong SAR ($342M), together comprising 31% of global exports. These countries were followed by Singapore, the United States, Malaysia, Italy, South Korea, Germany, Japan, Iran, Thailand and Saudi Arabia, which together accounted for a further 43%.

Iran (+84.2% per year) recorded the highest rates of growth with regard to 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.

Polystyrene in Primary Forms - Market Forecast

Driven by rising demand for polystyrene in primary forms worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Polystyrene in Primary Forms - Top Companies

The Dow Chemical Company, AVC HOLDINGS PTY LTD, AUSTRALIAN VINYLS CORPORATION PTY LTD, MB Barter (usa) Inc, SUMITOMO CHEMICAL COMPANY, LIMITED, HARVEYS COMPOSITES (PTY) LTD, PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED, NAN YA PLASTICS CORPORATION, Hengyi Petrochemical Co., Ltd., Chevron Phillips Chemical Company LLC, Eastman Chemical Company, Huntsman International LLC, Huntsman Corporation, Westlake Chemical Corporation, Celanese Americas LLC, Covestro Deutschland AG, FORMOSA PLASTICS CORPORATION, Celanese Holdings LLC, Celanese Chemicals Inc., HITACHI CHEMICAL COMPANY, LTD.

Polystyrene in Primary Forms - Product Coverage

  • HS 390319 - Styrene polymers; (other than expansible polystyrene), in primary forms
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World - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for polystyrene in primary forms.

Africa - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Africa.

Latin America and the Caribbean - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Latin America and the Caribbean.

Southern Asia - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Southern Asia.

Australia and Oceania - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Australia and Oceania.

Northern America - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Northern America.

South-Eastern Asia - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in South-Eastern Asia.

Eastern Asia - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Eastern Asia.

Middle East - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in the Middle East.

Central Asia - Polystyrene in Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for polystyrene in primary forms in Central Asia.

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