Morocco: Styrene-Acrylonitrile Copolymers Market 2022

Styrene-Acrylonitrile Copolymers Market Size in Morocco

In 2021, after four years of growth, there was significant decline in the Moroccan styrene-acrylonitrile copolymers market, when its value decreased by -X% to $X. Over the period under review, consumption recorded a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports from Morocco

In 2021, overseas shipments of styrene-acrylonitrile (san) copolymers in primary forms decreased by X% to less than X kg, falling for the second consecutive year after two years of decline. In general, exports continue to indicate a significant increase. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers exports stood at less than $X in 2021. Over the period under review, exports continue to indicate a significant increase. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Morocco, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Spain was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2019, remaining constant against the previous year. Over the period under review, the export price recorded a buoyant increase. Over the period under review, the average export prices reached the maximum in 2019 and is expected to retain growth in years to come.

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

From 2012 to 2019, the rate of growth in terms of prices for Spain amounted to X% per year.

Styrene-Acrylonitrile Copolymers Imports

Imports into Morocco

In 2021, overseas purchases of styrene-acrylonitrile (san) copolymers in primary forms decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth imports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers imports dropped to $X in 2021. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Belgium (X tons) and Taiwan (Chinese) (X kg) were the main suppliers of styrene-acrylonitrile copolymers imports to Morocco, with a combined X% share of total imports. South Korea, Italy and the Netherlands lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced a decline.

In value terms, the largest styrene-acrylonitrile copolymers suppliers to Morocco were Belgium ($X), Saudi Arabia ($X) and the Netherlands ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average styrene-acrylonitrile copolymers import price stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform