Sri Lanka - Styrene-Acrylonitrile (San) And Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStyrene-Acrylonitrile Price in Sri Lanka - 2021
Contents:
- Styrene-Acrylonitrile Price in Sri Lanka (CIF) - 2022
- Styrene-Acrylonitrile Price in Sri Lanka (FOB) - 2022
- Styrene-Acrylonitrile Imports in Sri Lanka
- Styrene-Acrylonitrile Exports in Sri Lanka
Styrene-Acrylonitrile Price in Sri Lanka (CIF) - 2022
The average styrene-acrylonitrile import price stood at $1,975 per ton in 2022, dropping by -10.2% against the previous year. Overall, the import price saw a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $2,198 per ton, and then reduced in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($2,216 per ton) and Malaysia ($2,207 per ton), while the price for China ($1,500 per ton) and Thailand ($1,535 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.4%), while the prices for the other major suppliers experienced a decline.
Styrene-Acrylonitrile Price in Sri Lanka (FOB) - 2022
In 2022, the average styrene-acrylonitrile export price amounted to $123 per ton, waning by -87.9% against the previous year. Overall, the export price saw a sharp reduction. The pace of growth was the most pronounced in 2013 an increase of 2.5% against the previous year. Over the period under review, the average export prices hit record highs at $3,000 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 China.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -10.3% per year.
Styrene-Acrylonitrile Imports in Sri Lanka
In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) imported into Sri Lanka contracted markedly to 1.6K tons, declining by -39.7% on the year before. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of 2.6K tons, and then contracted remarkably in the following year.
In value terms, styrene-acrylonitrile imports declined dramatically to $3.1M in 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $5.8M, and then shrank remarkably in the following year.
| Import of Styrene-Acrylonitrile in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,078 | 935 | 2,007 | 1,439 | 10.1% |
| Taiwan (Chinese) | 1,786 | 1,331 | 1,827 | 828 | -22.6% |
| Thailand | 941 | 581 | 499 | 341 | -28.7% |
| Malaysia | 67.6 | 83.1 | 206 | 289 | 62.3% |
| China | 49.1 | 60.8 | 57.9 | 229 | 67.1% |
| Democratic People's Republic of Korea | 152 | 145 | 138 | N/A | -4.7% |
| Saudi Arabia | N/A | 145 | 99.5 | N/A | -31.4% |
| Others | 227 | 236 | 973 | 17.9 | -57.1% |
| Total | 4,300 | 3,516 | 5,807 | 3,143 | -9.9% |
Top Suppliers of Styrene-Acrylonitrile to Sri Lanka in 2022:
- South Korea (710.1 tons)
- Taiwan (Chinese) (373.8 tons)
- Thailand (222.0 tons)
- China (152.6 tons)
- Malaysia (131.0 tons)
Styrene-Acrylonitrile Exports in Sri Lanka
In 2022, overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by -98.4% to 81 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 289% against the previous year.
In value terms, styrene-acrylonitrile exports shrank markedly to $10 in 2022. Overall, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 163%.
| Export of Styrene-Acrylonitrile in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | N/A | 0% |
| Maldives | 0.7 | 1.8 | N/A | N/A | 157.1% |
| Germany | N/A | N/A | 5.1 | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Total | 0.8 | 2.0 | 5.2 | N/A | 155.0% |
Top Export Markets for Styrene-Acrylonitrile from Sri Lanka in 2022:
- China (81.0 kg)
This report provides an in-depth analysis of the styrene-acrylonitrile market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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