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

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Poland (CIF) - 2023
2. Price for Styrene Polymers; Waste, Parings and Scrap in Poland (FOB) - 2023
3. Imports of Styrene Polymers; Waste, Parings and Scrap in Poland
4. Exports of Styrene Polymers; Waste, Parings and Scrap in Poland

Price for Styrene Polymers; Waste, Parings and Scrap in Poland (CIF) - 2023

The average import price for styrene polymers; waste, parings and scraps stood at $1,348 per ton in December 2023, shrinking by -16.7% against the previous month. Over the period under review, import price indicated a slight expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for styrene polymers; waste, parings and scraps decreased by -16.7% against November 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 74% against the previous month. As a result, import price attained the peak level of $2,049 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From December 2022 to December 2023, the rate of growth in terms of prices for the Czech Republic amounted to +2.7% per month.

Price for Styrene Polymers; Waste, Parings and Scrap in Poland (FOB) - 2023

The average export price for styrene polymers; waste, parings and scraps stood at $863 per ton in November 2023, which is down by -13% against the previous month. Overall, the export price continues to indicate a slight decline. The growth pace was the most rapid in December 2022 an increase of 47% m-o-m. As a result, the export price attained the peak level of $1,547 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Slovakia ($3,294 per ton), while the average price for exports to Hungary ($326 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of styrene polymers; waste, parings and scraps imported into Poland dropped sharply to 4.3K tons, shrinking by -20.4% against the year before. In general, imports continue to indicate a dramatic downturn. The smallest decline of -19.5% was in 2021.

In value terms, imports of styrene polymers; waste, parings and scraps rose markedly to $5.4M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Czech Republic (2482.7 tons)
2. United Kingdom (606.1 tons)
3. Slovakia (561.7 tons)
4. Sweden (145.1 tons)
5. Ireland (99.7 tons)
6. Hungary (94.5 tons)
7. Germany (81.0 tons)

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

In 2022, shipments abroad of styrene polymers; waste, parings and scraps decreased by -59.3% to 2.2K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 2.9% against the previous year. As a result, the exports reached the peak of 7.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of styrene polymers; waste, parings and scraps contracted sharply to $2.6M in 2022. Overall, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 6.2%. As a result, the exports reached the peak of $5.8M, and then contracted markedly in the following year.

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

1. Czech Republic (886.8 tons)
2. Italy (475.9 tons)
3. Slovakia (381.9 tons)
4. Ukraine (132.2 tons)
5. Austria (94.8 tons)
6. Turkey (92.3 tons)
7. Netherlands (58.0 tons)
8. Malaysia (56.7 tons)
9. Germany (31.9 tons)

Source: IndexBox Market Intelligence Platform