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

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

The average import price for styrene polymers; waste, parings and scraps stood at $2,004 per ton in 2022, increasing by 1.6% against the previous year. Over the period under review, the import price continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 104%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,105 per ton), while the price for Saudi Arabia amounted to $516 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.1%).

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

In 2022, approx. 2.9 tons of styrene polymers; waste, parings and scraps were imported into Sudan; waning by -31.5% against 2021. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 393%. As a result, imports attained the peak of 4.3 tons, and then dropped notably in the following year.

In value terms, imports of styrene polymers; waste, parings and scraps declined markedly to $5.9K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 893% against the previous year. As a result, imports attained the peak of $8.5K, and then shrank notably in the following year.