United Kingdom - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in the UK - 2023
Contents:
- Price for Polystyrene in Primary Forms in the UK (CIF) - 2023
- Price for Polystyrene in Primary Forms in the UK (FOB) - 2022
- Imports of Polystyrene in Primary Forms in the UK
- Exports of Polystyrene in Primary Forms in the UK
Price for Polystyrene in Primary Forms in the UK (CIF) - 2023
In May 2023, the average polystyrene in primary forms import price amounted to $1,883 per ton, reducing by -3.5% against the previous month. In general, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 72% against the previous month. As a result, import price attained the peak level of $3,748 per ton. From September 2022 to May 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In May 2023, the countries with the highest prices were Italy ($2,098 per ton) and Poland ($1,935 per ton), while the price for Vietnam ($1,449 per ton) and South Korea ($1,654 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polystyrene in Primary Forms in the UK (FOB) - 2022
The average polystyrene in primary forms export price stood at $1,707 per ton in 2022, with a decrease of -12% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $2,862 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,922 per ton), while the average price for exports to Hong Kong SAR ($547 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 France (+10.0%), while the prices for the other major destinations experienced a decline.
Imports of Polystyrene in Primary Forms in the UK
Polystyrene in primary forms imports into the UK reduced dramatically to 43K tons in 2022, waning by -44.6% against the year before. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports reached the peak of 77K tons, and then contracted markedly in the following year.
In value terms, polystyrene in primary forms imports contracted dramatically to $91M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of $165M, and then reduced dramatically in the following year.
| Import of Polystyrene in Primary Forms in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 29.5 | 22.9 | 38.0 | 34.9 | 5.8% |
| France | 23.9 | 17.2 | 19.9 | 30.7 | 8.7% |
| Italy | 7.6 | 5.9 | 10.4 | 7.9 | 1.3% |
| Germany | 10.7 | 12.8 | 10.5 | 5.3 | -20.9% |
| Poland | 0.1 | 1.3 | 0.2 | 2.7 | 200.0% |
| Pakistan | 0.2 | 0.3 | 1.5 | 1.8 | 108.0% |
| South Korea | 2.5 | 1.2 | 1.5 | 1.5 | -15.7% |
| Ireland | 2.2 | 1.0 | 74.8 | 0.4 | -43.3% |
| Others | 12.3 | 8.1 | 8.6 | 5.9 | -21.7% |
| Total | 88.9 | 70.7 | 165 | 91.2 | 0.9% |
Top Suppliers of Polystyrene in Primary Forms to the UK in 2022:
- Belgium (16.7K tons)
- France (14.4K tons)
- Italy (3.3K tons)
- Germany (2.6K tons)
- Pakistan (1.4K tons)
- Poland (1.3K tons)
- South Korea (0.5K tons)
- Ireland (0.2K tons)
Exports of Polystyrene in Primary Forms in the UK
In 2022, the amount of polystyrene in primary forms (excluding expansible polystyrene) exported from the UK rose notably to 12K tons, surging by 10% compared with 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year.
In value terms, polystyrene in primary forms exports declined modestly to $20M in 2022. Over the period under review, exports saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 91%. As a result, the exports attained the peak of $20M, and then fell slightly in the following year.
| Export of Polystyrene in Primary Forms in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.1 | 2.6 | 4.4 | 4.6 | 61.1% |
| Malaysia | 0.8 | 0.6 | 2.3 | 3.7 | 66.6% |
| Belgium | 0.6 | 0.3 | 2.2 | 2.6 | 63.0% |
| France | 0.7 | 0.6 | 1.2 | 1.6 | 31.7% |
| Turkey | 0.7 | 0.7 | 0.2 | 1.0 | 12.6% |
| Netherlands | 0.2 | 0.2 | 1.2 | 1.0 | 71.0% |
| Ireland | 1.8 | 1.8 | 1.1 | 0.7 | -27.0% |
| Poland | 0.3 | 0.4 | 0.3 | 0.6 | 26.0% |
| Bangladesh | 1.1 | 0.6 | 1.2 | 0.5 | -23.1% |
| United States | 0.8 | 0.6 | 1.9 | 0.5 | -14.5% |
| Sweden | 0.3 | 0.4 | 0.5 | 0.5 | 18.6% |
| Hong Kong SAR | 1.5 | 0.2 | 0.8 | 0.4 | -35.6% |
| China | 2.0 | 0.8 | 0.5 | N/A | -50.0% |
| Others | 1.8 | 0.9 | 2.6 | 2.1 | 5.3% |
| Total | 13.7 | 10.8 | 20.5 | 19.9 | 13.3% |
Top Export Markets for Polystyrene in Primary Forms from the UK in 2022:
- Malaysia (2442.6 tons)
- Germany (2371.4 tons)
- Belgium (1983.6 tons)
- Turkey (858.3 tons)
- Hong Kong SAR (650.5 tons)
- Netherlands (620.1 tons)
- France (416.7 tons)
- Bangladesh (397.4 tons)
- Ireland (283.2 tons)
- Sweden (268.5 tons)
- Poland (250.6 tons)
- United States (232.0 tons)
- China (47.5 tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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