Price for Styrene Polymers; Waste, Parings and Scrap in Thailand - 2024
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in Thailand (FOB) - 2022
- Exports of Styrene Polymers; Waste, Parings and Scrap in Thailand
Price for Styrene Polymers; Waste, Parings and Scrap in Thailand (FOB) - 2022
The average export price for styrene polymers; waste, parings and scraps stood at $864 per ton in 2022, approximately equating the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for styrene polymers; waste, parings and scraps increased by +78.2% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 86%. Over the period under review, the average export prices hit record highs at $981 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +33.6% per year.
Exports of Styrene Polymers; Waste, Parings and Scrap in Thailand
In 2022, exports of styrene polymers; waste, parings and scraps from Thailand shrank dramatically to 626 kg, reducing by -97.3% compared with the previous year's figure. In general, exports showed a dramatic slump. The smallest decline of -2.1% was in 2021.
In value terms, exports of styrene polymers; waste, parings and scraps fell notably to $541 in 2022. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 1.8% against the previous year.
| Export of Styrene Polymers; Waste, Parings and Scrap in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 0.2 | 0% |
| Taiwan (Chinese) | 236 | 19.1 | 20.0 | N/A | -70.9% |
| South Korea | 31.8 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 0.6 | N/A | 0.3 | -56.3% |
| Total | 271 | 19.7 | 20.1 | 0.5 | -87.7% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Thailand in 2022:
- Hong Kong SAR (626.0 kg)
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