China - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingStyrene-Acrylonitrile Price in China - 2023
Contents:
- Styrene-Acrylonitrile Price in China (CIF) - 2023
- Styrene-Acrylonitrile Price in China (FOB) - 2023
- Styrene-Acrylonitrile Imports in China
- Styrene-Acrylonitrile Exports in China
Styrene-Acrylonitrile Price in China (CIF) - 2023
The average styrene-acrylonitrile import price stood at $1,395 per ton in September 2023, flattening at the previous month. Overall, the import price showed a slight decrease. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 1% m-o-m. Over the period under review, average import prices hit record highs at $1,635 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat 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 South Korea ($1,554 per ton), while the price for Indonesia ($772 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 South Korea (-1.2%), while the prices for the other major suppliers experienced a decline.
Styrene-Acrylonitrile Price in China (FOB) - 2023
In September 2023, the average styrene-acrylonitrile export price amounted to $1,649 per ton, almost unchanged from the previous month. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 4.9% month-to-month. The export price peaked at $2,438 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($2,231 per ton), while the average price for exports to Bangladesh ($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 recorded for supplies to India (+0.4%), while the prices for the other major destinations experienced a decline.
Styrene-Acrylonitrile Imports in China
In 2022, approx. 1.6M tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported into China; dropping by -23% against the previous year's figure. Overall, imports recorded a abrupt decline. The smallest decline of -1.2% was in 2020.
In value terms, styrene-acrylonitrile imports fell notably to $2.9B in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of $4.3B, and then declined significantly in the following year.
| Import of Styrene-Acrylonitrile in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,149 | 1,108 | 1,351 | 935 | -6.6% |
| Malaysia | 278 | 264 | 319 | 236 | -5.3% |
| Thailand | 241 | 210 | 269 | 181 | -9.1% |
| Japan | 137 | 127 | 165 | 121 | -4.1% |
| Vietnam | 34.5 | 27.4 | 36.5 | 34.4 | -0.1% |
| Indonesia | 19.6 | 15.1 | 27.3 | 20.9 | 2.2% |
| Saudi Arabia | 82.2 | 59.0 | 36.8 | 10.2 | -50.1% |
| Taiwan (Chinese) | 1,636 | N/A | N/A | N/A | 0% |
| Others | 126 | 1,629 | 2,101 | 1,320 | 118.8% |
| Total | 3,703 | 3,438 | 4,306 | 2,858 | -8.3% |
Top Suppliers of Styrene-Acrylonitrile to China in 2022:
- South Korea (483.2K tons)
- Malaysia (171.8K tons)
- Thailand (111.8K tons)
- Japan (65.5K tons)
- Vietnam (28.8K tons)
- Indonesia (19.1K tons)
- Saudi Arabia (5.8K tons)
Styrene-Acrylonitrile Exports in China
In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exported from China rose modestly to 105K tons, picking up by 2.9% compared with the year before. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 62%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, styrene-acrylonitrile exports dropped to $269M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 115% against the previous year. As a result, the exports attained the peak of $284M, and then contracted in the following year.
| Export of Styrene-Acrylonitrile in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 10.5 | 24.7 | 47.4 | 50.4 | 68.7% |
| Thailand | 15.8 | 16.7 | 31.7 | 30.7 | 24.8% |
| Malaysia | 7.0 | 9.9 | 27.2 | 21.2 | 44.7% |
| South Korea | 16.4 | 18.9 | 26.7 | 20.4 | 7.5% |
| Russia | 1.4 | 1.5 | 4.1 | 15.4 | 122.4% |
| Indonesia | 2.5 | 2.5 | 7.4 | 13.5 | 75.4% |
| Egypt | 0.8 | 1.3 | 3.3 | 7.4 | 109.9% |
| Brazil | 0.7 | 0.7 | 10.4 | 6.6 | 111.3% |
| United Arab Emirates | 0.1 | 0.7 | 10.3 | 6.2 | 295.8% |
| Cambodia | 2.8 | 1.5 | 4.6 | 5.9 | 28.2% |
| United States | 3.2 | 3.2 | 9.8 | 5.8 | 21.9% |
| India | 3.1 | 1.5 | 6.9 | 5.5 | 21.1% |
| Australia | 1.9 | 2.7 | 5.5 | 4.8 | 36.2% |
| Others | 38.8 | 46.4 | 88.4 | 74.8 | 24.5% |
| Total | 105 | 132 | 284 | 269 | 36.8% |
Top Export Markets for Styrene-Acrylonitrile from China in 2022:
- Vietnam (17.5K tons)
- Thailand (12.5K tons)
- South Korea (9.0K tons)
- Malaysia (7.5K tons)
- Russia (7.2K tons)
- Indonesia (5.7K tons)
- Brazil (3.1K tons)
- India (2.9K tons)
- United Arab Emirates (2.5K tons)
- Egypt (2.4K tons)
- Cambodia (2.2K tons)
- United States (2.2K tons)
- Australia (2.1K tons)
This report provides an in-depth analysis of the styrene-acrylonitrile market in China. 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
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
506
This report provides an in-depth analysis of the styrene-acrylonitrile market in China.
1034
This report provides an in-depth analysis of the polystyrene market in China.
389
This report provides an in-depth analysis of the abs copolymers market in China.
307
This report provides an in-depth analysis of the expansible polystyrene market in China.
346
This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in China.
264
This report provides an in-depth analysis of the market for polystyrene in primary forms in China.
1515
This report provides an in-depth analysis of the global styrene-acrylonitrile market.
2543
This report provides an in-depth analysis of the global polystyrene market.
551
This report provides an in-depth analysis of the global abs copolymers market.
517
This report provides an in-depth analysis of the global expansible polystyrene market.
6
Throughout the review period, Polystyrene imports peaked at 1.4M tons in 2020, but failed to regain momentum from 2021 to 2023. The value of Polystyrene imports significantly decreased to $707M in 2023.
894
In 2021-2022, China plans to add a new production capacity for styrene and polystyrenes. This could turn China from the world’s largest importer of those products into an exporter. Completion may be delayed due to electricity disruptions caused by increasing energy prices and regulations to reduce CO2 emissions. Despite the ban on single-use packaging, consumption of polystyrene in China will steadfastly grow, driven by a high demand for plastics in the construction, automotive and other industries.
259
In February 2023, the price of expandable polystyrene was $1,314 per ton (FOB, China), an increase of 3.9% compared to the previous month.
215
Explore the world's best import markets for polystyrene with key statistics and data. Discover the leading countries and their import values of polystyrene. Gain insights from the IndexBox market intelligence platform.
862
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
3607
In 2016, the amount of polystyrene imported worldwide amounted to X tons, coming up by X% against the previous year figure. Overall, polystyrene imports continue to indicate a relatively flat tren...
214
Discover the top import markets for ABS copolymers and their key statistics. China, Germany, and the United States lead the pack. Explore the growth potential and opportunities in this global market.
277
Explore the world's top import markets for polystyrene in primary forms, including key statistics and numbers from the IndexBox market intelligence platform.
6
Throughout the review period, Polystyrene imports peaked at 1.4M tons in 2020, but failed to regain momentum from 2021 to 2023. The value of Polystyrene imports significantly decreased to $707M in 2023.
894
In 2021-2022, China plans to add a new production capacity for styrene and polystyrenes. This could turn China from the world’s largest importer of those products into an exporter. Completion may be delayed due to electricity disruptions caused by increasing energy prices and regulations to reduce CO2 emissions. Despite the ban on single-use packaging, consumption of polystyrene in China will steadfastly grow, driven by a high demand for plastics in the construction, automotive and other industries.
