Puerto Rico: Styrene-Acrylonitrile Copolymers Market 2022

Styrene-Acrylonitrile Copolymers Market Size in Puerto Rico

The Puerto Rican styrene-acrylonitrile copolymers market was estimated at less than $X in 2020, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern.

Styrene-Acrylonitrile Copolymers Exports

Exports by Country

South Korea was the key exporting country with an export of around X tons, which accounted for X% of total exports. Thailand (X tons) took the second position in the ranking, distantly followed by Japan (X tons), Hong Kong SAR (X tons), the Netherlands (X tons), the United States (X tons), China (X tons) and Malaysia (X tons). All these countries together occupied near X% share of total exports.

Exports from South Korea increased at an average annual rate of +X% from 2012 to 2021. At the same time, China (+X%), Malaysia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%), Japan (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. South Korea (+X p.p.), Thailand (+X p.p.), China (+X p.p.) and Malaysia (+X p.p.) significantly strengthened its position in terms of the global exports, while the Netherlands, Japan and Hong Kong SAR saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest styrene-acrylonitrile copolymers supplying countries from Puerto Rico were South Korea ($X), Thailand ($X) and the United States ($X), with a combined X% share of total exports. The Netherlands, Hong Kong SAR, Japan, China and Malaysia lagged somewhat behind, together comprising a further X terms of the main exporting countries, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately reflecting the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while South Korea ($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 United States (+X%), while the other leaders experienced mixed trends in the export price figures.

Styrene-Acrylonitrile Copolymers Imports

Imports by Country

In 2021, China (X tons) represented the key importer of styrene-acrylonitrile (san) copolymers in primary forms, generating X% of total imports. It was distantly followed by Hungary (X tons), committing a X% share of total imports. The following importers - Nigeria (X tons), Thailand (X tons), Hong Kong SAR (X tons), Vietnam (X tons), India (X tons), Indonesia (X tons), the United States (X tons), Germany (X tons), Brazil (X tons), Turkey (X tons) and Italy (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2012 to 2021. At the same time, Hungary (+X%), India (+X%), Turkey (+X%), Nigeria (+X%), Vietnam (+X%), Thailand (+X%), Indonesia (+X%), Brazil (+X%) and the United States (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, Italy (-X%), Germany (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.), Hungary (+X p.p.), Nigeria (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global imports, while Hong Kong SAR saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported styrene-acrylonitrile (san) copolymers in primary forms into Puerto Rico, comprising X% of global imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform