Price for Styrene Polymers; Waste, Parings and Scrap in China - 2023

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in China (FOB) - 2022
2. Exports of Styrene Polymers; Waste, Parings and Scrap in China

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

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $1,252 per ton, declining by -55.1% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2019 an increase of 320%. As a result, the export price reached the peak level of $4,235 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,000 per ton), while the average price for exports to Kenya ($974 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 Nigeria (+100.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of styrene polymers; waste, parings and scraps exported from China fell rapidly to 61 tons, reducing by -50.9% on 2021 figures. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 5% against the previous year.

In value terms, exports of styrene polymers; waste, parings and scraps reduced markedly to $76K in 2022. Over the period under review, exports saw a sharp shrinkage. The smallest decline of -30.8% was in 2021.

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

1. Kenya (48.7 tons)
2. Malaysia (11.1 tons)
3. Vietnam (0.9 tons)

Source: IndexBox Market Intelligence Platform