Price for Styrene Polymers; Waste, Parings and Scrap in Australia - 2024

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Australia (FOB) - 2022
2. Price for Styrene Polymers; Waste, Parings and Scrap in Australia (CIF) - 2022
3. Exports of Styrene Polymers; Waste, Parings and Scrap in Australia
4. Imports of Styrene Polymers; Waste, Parings and Scrap in Australia

Price for Styrene Polymers; Waste, Parings and Scrap in Australia (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $762 per ton, picking up by 41% against the previous year. Over the period under review, the export price showed slight growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 96% against the previous year. The export price peaked at $828 per ton in 2013; however, from 2014 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 Malaysia ($768 per ton), while the average price for exports to Taiwan (Chinese) stood at $420 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.4%), while the prices for the other major destinations experienced a decline.

Price for Styrene Polymers; Waste, Parings and Scrap in Australia (CIF) - 2022

The average import price for styrene polymers; waste, parings and scraps stood at $610 per ton in 2022, with a decrease of -85.7% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 501% against the previous year. As a result, import price reached the peak level of $4,271 per ton, and then declined sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to +23.3% per year.

Exports of Styrene Polymers; Waste, Parings and Scrap in Australia

In 2022, the amount of styrene polymers; waste, parings and scraps exported from Australia skyrocketed to 774 tons, picking up by 103% against the previous year. Overall, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 108%.

In value terms, exports of styrene polymers; waste, parings and scraps skyrocketed to $590K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Australia in 2022:

1. Malaysia (759.8 tons)
2. Taiwan (Chinese) (14.5 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in Australia

After two years of decline, purchases abroad of styrene polymers; waste, parings and scraps increased by 4,327% to 98 tons in 2022. Over the period under review, imports, however, showed a abrupt contraction.

In value terms, imports of styrene polymers; waste, parings and scraps surged to $60K in 2022. In general, imports, however, recorded a perceptible slump.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Australia in 2022:

1. China (98.0 tons)

Source: IndexBox Market Intelligence Platform