Price for Styrene Polymers; Waste, Parings and Scrap in the Czech Republic - 2023

Contents:

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

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

The average export price for styrene polymers; waste, parings and scraps stood at $714 per ton in December 2023, which is down by -9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average export price increased by 29% against the previous month. The export price peaked at $855 per ton in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($980 per ton), while the average price for exports to Denmark ($615 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In December 2023, the average import price for styrene polymers; waste, parings and scraps amounted to $417 per ton, which is down by -8.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 47% m-o-m. The import price peaked at $457 per ton in May 2023; however, from June 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,006 per ton), while the price for Sweden ($178 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Norway (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Styrene Polymers; Waste, Parings and Scrap in the Czech Republic

In 2022, overseas shipments of styrene polymers; waste, parings and scraps were finally on the rise to reach 12K tons after two years of decline. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of styrene polymers; waste, parings and scraps soared to $9M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (3.5K tons)
2. Netherlands (2.4K tons)
3. Italy (2.3K tons)
4. Poland (1.1K tons)
5. Austria (1.0K tons)
6. Denmark (0.7K tons)
7. Spain (0.2K tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in the Czech Republic

In 2022, the amount of styrene polymers; waste, parings and scraps imported into the Czech Republic surged to 16K tons, rising by 46% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% 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 +75.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps soared to $7M in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to the Czech Republic in 2022:

1. Germany (7.0K tons)
2. Sweden (2.1K tons)
3. Poland (1.8K tons)
4. Romania (1.2K tons)
5. Lithuania (1.1K tons)
6. Slovakia (1.0K tons)
7. United Kingdom (0.7K tons)

Source: IndexBox Market Intelligence Platform