Europe: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Europe

The Europe styrene-acrylonitrile copolymers market was estimated at $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Copolymers Production in Europe

In value terms, styrene-acrylonitrile copolymers production reached $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports in Europe

After two years of growth, overseas shipments of styrene-acrylonitrile (san) copolymers in primary forms decreased by X% to X tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, styrene-acrylonitrile copolymers exports fell sharply to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

The Netherlands represented the main exporting country with an export of about X tons, which recorded X% of total exports. Italy (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (X%), Hungary (X%) and Spain (X%). Poland (X tons) followed a long way behind the leaders.

Exports from the Netherlands decreased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Hungary (X%), Spain (X%) and Italy (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. Hungary (X p.p.), Spain (X p.p.), Italy (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest styrene-acrylonitrile copolymers supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and Spain ($X per ton), while Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Styrene-Acrylonitrile Copolymers Imports

Imports in Europe

In 2022, overseas purchases of styrene-acrylonitrile (san) copolymers in primary forms decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, styrene-acrylonitrile copolymers imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Hungary (X tons), distantly followed by Italy (X tons), Germany (X tons), the UK (X tons), the Czech Republic (X tons), Belgium (X tons) and Poland (X tons) were the largest importers of styrene-acrylonitrile (san) copolymers in primary forms, together making up X% of total imports. The Netherlands (X tons), France (X tons), Spain (X tons), Slovenia (X tons), Romania (X tons) and Switzerland (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest styrene-acrylonitrile copolymers importing markets in Europe were Hungary ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. The Czech Republic, Poland, Belgium, France, the Netherlands, the UK, Spain, Slovenia, Romania and Switzerland lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform