Price for Styrene Polymers; Waste, Parings and Scrap in Belarus - 2022

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $697 per ton in 2022, declining by -7.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2021 when the average export price increased by 50% against the previous year. As a result, the export price attained the peak level of $755 per ton, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($910 per ton), while the average price for exports to Latvia ($126 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 Turkey (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $369 per ton, with a decrease of -40.3% against the previous year. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 140%. As a result, import price attained the peak level of $1,087 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($550 per ton), while the price for Spain ($268 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of styrene polymers; waste, parings and scraps decreased by -12.3% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, the exports attained the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of styrene polymers; waste, parings and scraps dropped rapidly to $850K in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $1M, and then fell significantly in the following year.

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

1. Russia (1128.2 tons)
2. Lithuania (35.4 tons)
3. Czech Republic (30.8 tons)
4. Ukraine (16.7 tons)

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

After three years of growth, supplies from abroad of styrene polymers; waste, parings and scraps decreased by -60.5% to 22 tons in 2022. In general, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of 55 tons, and then fell dramatically in the following year.

In value terms, imports of styrene polymers; waste, parings and scraps dropped remarkably to $8K in 2022. Overall, imports recorded a significant decline. The growth pace was the most rapid in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of $34K, and then contracted markedly in the following year.

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

1. Poland (13.9 tons)
2. Russia (5.4 tons)
3. Spain (2.4 tons)

Source: IndexBox Market Intelligence Platform