Switzerland - Styrene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStyrene Price in Switzerland - 2023
Contents:
- Styrene Price in Switzerland (CIF) - 2023
- Styrene Price in Switzerland (FOB) - 2022
- Styrene Imports in Switzerland
- Styrene Exports in Switzerland
Styrene Price in Switzerland (CIF) - 2023
In September 2023, the average styrene import price amounted to $1,567 per ton, falling by -54% against the previous month. In general, the import price, however, continues to indicate a pronounced increase. The pace of growth was the most pronounced in December 2022 an increase of 299% m-o-m. As a result, import price reached the peak level of $5,438 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($3,292 per ton), while the price for Belgium ($1,467 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Styrene Price in Switzerland (FOB) - 2022
In 2022, the average styrene export price amounted to $3,470 per ton, waning by -37.4% against the previous year. In general, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 78%. Over the period under review, the average export prices attained the peak figure at $6,604 per ton in 2020; however, from 2021 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 Germany ($6,444 per ton), while the average price for exports to Singapore ($774 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 the United States (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Styrene Imports in Switzerland
Styrene imports into Switzerland amounted to 1.3K tons in 2022, surging by 2.9% compared with the previous year. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, styrene imports rose sharply to $2.4M in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 88%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Styrene in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,078 | 574 | 1,026 | 973 | -3.4% |
| Germany | 305 | 221 | 668 | 503 | 18.1% |
| Belgium | 25.8 | 19.7 | 343 | 411 | 151.6% |
| United States | 79.4 | 297 | 81.2 | 164 | 27.4% |
| South Korea | N/A | N/A | N/A | 122 | 0% |
| United Kingdom | 0.1 | 13.4 | N/A | 100 | 900.0% |
| Kuwait | N/A | N/A | N/A | 96.5 | 0% |
| Others | 30.9 | 3.4 | 6.9 | 5.3 | -44.4% |
| Total | 1,520 | 1,129 | 2,125 | 2,375 | 16.0% |
Top Suppliers of Styrene to Switzerland in 2022:
- Netherlands (533.1 tons)
- Germany (302.7 tons)
- Belgium (238.1 tons)
- United States (103.1 tons)
- South Korea (56.0 tons)
- Kuwait (55.9 tons)
- United Kingdom (36.3 tons)
Styrene Exports in Switzerland
In 2022, exports of styrene from Switzerland contracted to 6.5 tons, with a decrease of -14.2% compared with the previous year's figure. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. As a result, the exports reached the peak of 7.6 tons, and then contracted in the following year.
In value terms, styrene exports reduced remarkably to $23K in 2022. Over the period under review, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports attained the peak of $42K, and then declined notably in the following year.
| Export of Styrene in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.8 | 11.7 | 12.3 | 10.2 | -15.3% |
| United States | 2.6 | 2.7 | 5.6 | 7.2 | 40.4% |
| Germany | 3.4 | 1.9 | 3.1 | 1.7 | -20.6% |
| Brazil | N/A | N/A | N/A | 0.8 | 0% |
| Singapore | N/A | N/A | N/A | 0.8 | 0% |
| Indonesia | N/A | N/A | N/A | 0.8 | 0% |
| India | N/A | 0.3 | 0.8 | 0.5 | 29.1% |
| Ukraine | N/A | N/A | 4.9 | N/A | 0% |
| Canada | N/A | N/A | 14.0 | N/A | 0% |
| Others | 0.4 | 6.1 | 1.2 | 0.5 | 7.7% |
| Total | 23.3 | 22.5 | 41.9 | 22.5 | -1.2% |
Top Export Markets for Styrene from Switzerland in 2022:
- China (1900.0 kg)
- United States (1647.0 kg)
- Singapore (1056.0 kg)
- Indonesia (927.0 kg)
- Brazil (480.0 kg)
- Germany (258.0 kg)
- India (103.0 kg)
This report provides an in-depth analysis of the styrene market in Switzerland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141250 - Styrene
Country coverage:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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