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

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

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $466 per ton, increasing by 19% against the previous year. Overall, the export price posted a measured increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.2% per year.

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

After three years of growth, overseas shipments of styrene polymers; waste, parings and scraps decreased by -15.3% to 124 tons in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 272% against the previous year.

In value terms, exports of styrene polymers; waste, parings and scraps reached $58K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 364%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.