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

Contents:

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

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $440 per ton, falling by -3.6% against the previous year. In general, the import price saw a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by 129% against the previous year. As a result, import price attained the peak level of $575 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($461 per ton), while the price for Malaysia amounted to $368 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for styrene polymers; waste, parings and scraps stood at $564 per ton in 2022, increasing by 2.3% against the previous year. Overall, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 94%. Over the period under review, the average export prices hit record highs at $881 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 Vietnam ($831 per ton), while the average price for exports to Taiwan (Chinese) ($492 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 Vietnam (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of styrene polymers; waste, parings and scraps into Indonesia dropped markedly to 1.8K tons, which is down by -49.3% against 2021 figures. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 665% against the previous year. As a result, imports attained the peak of 3.5K tons, and then contracted rapidly in the following year.

In value terms, imports of styrene polymers; waste, parings and scraps fell sharply to $775K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 627% against the previous year. As a result, imports attained the peak of $1.6M, and then reduced notably in the following year.

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

1. Japan (1314.1 tons)
2. Malaysia (400.2 tons)

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

Exports of styrene polymers; waste, parings and scraps from Indonesia contracted remarkably to 235 tons in 2022, reducing by -19.9% on 2021 figures. Overall, exports continue to indicate a abrupt shrinkage.

In value terms, exports of styrene polymers; waste, parings and scraps fell dramatically to $132K in 2022. Over the period under review, exports showed a abrupt decrease.

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

1. Taiwan (Chinese) (181.9 tons)
2. Vietnam (47.7 tons)
3. Austria (5.2 tons)

Source: IndexBox Market Intelligence Platform