Report Cuba - Styrene-Acrylonitrile (San) and Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Cuba - Styrene-Acrylonitrile (San) and Acrylonitrile-Butadiene-Styrene (Abs) Copolymers (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Cuba

In 2021, the Cuban styrene-acrylonitrile market decreased by -84.3% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption saw a precipitous slump. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Styrene-Acrylonitrile Exports

Exports from Cuba

In 2021, shipments abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) increased by 23% to X tons, rising for the second year in a row after three years of decline. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,085% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, styrene-acrylonitrile exports totaled $X in 2021. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 674%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Malaysia (X tons) was the main destination for styrene-acrylonitrile exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia amounted to +30.1%.

In value terms, Malaysia ($X) also remains the key foreign market for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled +18.6%.

Export Prices by Country

In 2021, the average styrene-acrylonitrile export price amounted to $X per ton, falling by -18.1% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 24%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -8.9% per year.

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Styrene-Acrylonitrile Imports

Imports into Cuba

In 2021, supplies from abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by -58.1% to X tons, falling for the fifth year in a row after two years of growth. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 84% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports fell markedly to $X in 2021. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 46% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), China (X tons) and Canada (X tons) were the main suppliers of styrene-acrylonitrile imports to Cuba, together accounting for 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +4.8%), while purchases for the other leaders experienced a decline.

In value terms, Mexico ($X), China ($X) and Canada ($X) were the largest styrene-acrylonitrile suppliers to Cuba, together comprising 98% of total imports.

In terms of the main suppliers, China, with a CAGR of +4.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average styrene-acrylonitrile import price stood at $X per ton in 2021, growing by 4.2% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, styrene-acrylonitrile import price increased by +22.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in the world?

The country with the largest volume of styrene-acrylonitrile consumption was China, accounting for 25% of total volume. Moreover, styrene-acrylonitrile consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. South Korea ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in the world?

The countries with the highest volumes of production in 2021 were South Korea, Taiwan Chinese) and the United States, together comprising 50% of global production. Japan, Malaysia, Belgium, Indonesia, the Netherlands, Saudi Arabia, Thailand, Mexico, Iran and Germany lagged somewhat behind, together accounting for a further 32%.

What are the leading suppliers of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) to Cuba?

In value terms, Mexico, China and Canada constituted the largest styrene-acrylonitrile suppliers to Cuba, with a combined 98% share of total imports.

What are the leading importers of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) from Cuba?

In value terms, Malaysia remains the key foreign market for styrene-acrylonitrile san) and acrylonitrile-butadiene-styrene abs) copolymers in primary forms) exports from Cuba.

What is the average export price for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in Cuba?

In 2021, the average styrene-acrylonitrile export price amounted to $1,066 per ton, shrinking by -18.1% against the previous year.

What is the average import price for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in Cuba?

In 2021, the average styrene-acrylonitrile import price amounted to $2,942 per ton, surging by 4.2% against the previous year.

This report provides an in-depth analysis of the styrene-acrylonitrile market in Cuba. 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:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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