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

Contents:

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

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $482 per ton, remaining stable against the previous year. Over the period under review, the import price, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2014 an increase of 85%. As a result, import price reached the peak level of $1,665 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($500 per ton), while the price for the Dominican Republic stood at $468 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+9.3%).

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

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $193 per ton, declining by -3.7% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 69% against the previous year. Over the period under review, the average export prices reached the peak figure at $656 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($204 per ton), while the average price for exports to Hong Kong SAR ($71 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 South Korea (+88.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Peru recorded growth in purchases abroad of styrene polymers; waste, parings and scraps, which increased by 3.3% to 90 tons in 2022. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps totaled $44K in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; 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.

Import of Styrene Polymers; Waste, Parings and Scrap in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic7.810.914.823.845.0%
Chile32.430.027.019.7-15.3%
OthersN/AN/AN/AN/A0%
Total40.140.941.843.52.7%

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

  1. Dominican Republic (50.9 tons)
  2. Chile (39.3 tons)

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

In 2022, approx. 18 tons of styrene polymers; waste, parings and scraps were exported from Peru; falling by -9.1% on the previous year's figure. In general, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 2.3%.

In value terms, exports of styrene polymers; waste, parings and scraps declined to $3.5K in 2022. Over the period under review, exports continue to indicate a dramatic slump. The smallest decline of -12.5% was in 2021.

Export of Styrene Polymers; Waste, Parings and Scrap in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.14.13.83.4-51.1%
Hong Kong SAR2.00.20.20.1-63.2%
Malaysia11.10.1N/AN/A-99.1%
Others0.90.10.1N/A-66.7%
Total43.04.64.03.5-56.7%

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

  1. China (16.6 tons)
  2. Hong Kong SAR (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Styrene polymers; waste, parings and scrap - Peru