Thailand - Styrene-Acrylonitrile (San) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Styrene-Acrylonitrile (San) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Styrene-Acrylonitrile Copolymers Price in Thailand - 2023

Contents:

  1. Styrene-Acrylonitrile Copolymers Price in Thailand (FOB) - 2023
  2. Styrene-Acrylonitrile Copolymers Price in Thailand (CIF) - 2023
  3. Styrene-Acrylonitrile Copolymers Exports in Thailand
  4. Styrene-Acrylonitrile Copolymers Imports in Thailand

Styrene-Acrylonitrile Copolymers Price in Thailand (FOB) - 2023

The average styrene-acrylonitrile copolymers export price stood at $1,248 per ton in September 2023, declining by -3.4% against the previous month. In general, the export price showed a mild decrease. The growth pace was the most rapid in November 2022 an increase of 4.4% month-to-month. As a result, the export price attained the peak level of $1,531 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Japan ($1,736 per ton), while the average price for exports to India ($1,041 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+20.7%), while the prices for the other major destinations experienced a decline.

Styrene-Acrylonitrile Copolymers Price in Thailand (CIF) - 2023

The average styrene-acrylonitrile copolymers import price stood at $1,868 per ton in September 2023, picking up by 12% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,264 per ton in November 2022; however, from December 2022 to September 2023, 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 Japan ($2,473 per ton), while the price for China ($1,534 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 Japan (+0.1%), while the prices for the other major suppliers experienced a decline.

Styrene-Acrylonitrile Copolymers Exports in Thailand

In 2022, overseas shipments of styrene-acrylonitrile (san) copolymers in primary forms decreased by -37.7% to 43K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, the exports reached the peak of 69K tons, and then reduced remarkably in the following year.

In value terms, styrene-acrylonitrile copolymers exports contracted markedly to $72M in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of $129M, and then fell notably in the following year.

Export of Styrene-Acrylonitrile Copolymers in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.653.079.539.7-13.6%
Japan5.74.57.17.38.6%
India1.01.93.44.666.3%
Hong Kong SAR12.49.214.74.1-30.9%
United Arab EmiratesN/A1.72.23.645.5%
United States0.80.12.12.240.1%
Indonesia0.90.41.41.928.3%
Turkey2.11.72.41.2-17.0%
Others4.75.515.97.215.3%
Total89.277.912971.8-7.0%

Top Export Markets for Styrene-Acrylonitrile Copolymers from Thailand in 2022:

  1. China (24.7K tons)
  2. Japan (3.6K tons)
  3. India (3.3K tons)
  4. United Arab Emirates (2.3K tons)
  5. Hong Kong SAR (2.1K tons)
  6. Indonesia (1.1K tons)
  7. United States (0.9K tons)
  8. Turkey (0.7K tons)

Styrene-Acrylonitrile Copolymers Imports in Thailand

After three years of growth, purchases abroad of styrene-acrylonitrile (san) copolymers in primary forms decreased by -9.3% to 29K tons in 2022. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 32K tons, and then contracted in the following year.

In value terms, styrene-acrylonitrile copolymers imports fell to $60M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, imports reached the peak of $63M, and then dropped in the following year.

Import of Styrene-Acrylonitrile Copolymers in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia17.216.224.622.28.9%
Germany6.26.610.69.816.5%
Taiwan (Chinese)5.66.16.68.213.6%
Japan11.98.49.97.6-13.9%
China2.63.76.27.542.4%
South Korea2.61.83.02.2-5.4%
Mexico0.20.61.72.0115.4%
Others0.20.30.60.20.0%
Total46.443.763.259.88.8%

Top Suppliers of Styrene-Acrylonitrile Copolymers to Thailand in 2022:

  1. Malaysia (11.9K tons)
  2. Taiwan (Chinese) (4.0K tons)
  3. Germany (3.9K tons)
  4. China (3.9K tons)
  5. Japan (3.3K tons)
  6. South Korea (1.1K tons)
  7. Mexico (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in Thailand. 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 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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