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

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $193 per ton in 2022, with a decrease of -5.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 19%. Over the period under review, the average export prices attained the maximum at $416 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Vietnam amounted to +11.2% per year.

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

The average import price for styrene polymers; waste, parings and scraps stood at $7,681 per ton in 2020, increasing by 8.6% against the previous year. Overall, the import price showed a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of 290% against the previous year. Over the period under review, average import prices hit record highs at $12,703 per ton in 2015; however, from 2016 to 2020, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($8,602 per ton), while the price for Taiwan (Chinese) amounted to $7,435 per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Solomon Islands (+110.3%), while the prices for the other major suppliers experienced a decline.

Exports of Styrene Polymers; Waste, Parings and Scrap in New Zealand

After two years of decline, shipments abroad of styrene polymers; waste, parings and scraps increased by 37% to 52 tons in 2022. Over the period under review, exports, however, saw a dramatic downturn.

In value terms, exports of styrene polymers; waste, parings and scraps skyrocketed to $10K in 2022. In general, exports, however, recorded a sharp decrease.

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

1. Malaysia (52.1 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in New Zealand

Imports of styrene polymers; waste, parings and scraps into New Zealand contracted modestly to 908 kg in 2020, shrinking by -4.7% against the year before. Over the period under review, imports showed a noticeable curtailment.

In value terms, imports of styrene polymers; waste, parings and scraps amounted to $7K in 2020. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Taiwan (Chinese) (717.0 kg)
2. China (191.0 kg)

Source: IndexBox Market Intelligence Platform