Report Update Apr 1, 2024

Puerto Rico - Styrene - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Styrene Market 2024

Styrene Market Size in Puerto Rico

The Puerto Rican styrene market totaled less than $X in 2021, 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). Overall, consumption continues to indicate a relatively flat trend pattern.

Styrene Exports

Exports from Puerto Rico

In 2021, exports of styrene from Puerto Rico amounted to less than X kg, remaining constant against the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, styrene exports stood at less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

The shipments of the four major exporters of styrene, namely the United States, the Netherlands, Saudi Arabia and Taiwan (Chinese), represented more than half of total export. Singapore (X tons) ranks next in terms of the total exports with an 8% share, followed by South Korea (7.2%), Japan (5.5%), Kuwait (5.1%) and Canada (5%). Iran (X tons) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +1.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest styrene supplying countries from Puerto Rico were the Netherlands ($X), the United States ($X) and Saudi Arabia ($X), with a combined 49% share of total exports. Singapore, South Korea, Japan, Kuwait, Canada, Taiwan (Chinese) and Iran lagged somewhat behind, together accounting for a further 34%.

In terms of the main exporting countries, Kuwait, with a CAGR of -0.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Iran ($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 (-0.5%), while the other leaders experienced a decline in the export price figures.

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Styrene Imports

Imports into Puerto Rico

In 2021, the amount of styrene imported into Puerto Rico amounted to less than X kg, remaining stable against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, styrene imports amounted to less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, China (X tons), distantly followed by India (X tons), Belgium (X tons), Turkey (X tons), Mexico (X tons), the United States (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) were the key importers of styrene, together comprising 63% of total imports. Germany (X tons), France (X tons), Hong Kong SAR (X tons), the Netherlands (X tons) and Brazil (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. Turkey, Mexico, the United States, Germany, France, Taiwan (Chinese), South Korea, the Netherlands, Hong Kong SAR and Brazil lagged somewhat behind, together comprising a further 44%.

Among the main importing countries, Turkey, with a CAGR of +12.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Taiwan (Chinese) ($X per ton) and Hong Kong SAR ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for styrene in the world?

The countries with the highest volumes of consumption in 2021 were the United States, China and India, with a combined 34% share of global consumption. These countries were followed by the Netherlands, Indonesia, Brazil, Turkey, France, Russia, Saudi Arabia, Japan, Mexico and Italy, which together accounted for a further 32%.

What are the largest producers of styrene in the world?

The countries with the highest volumes of production in 2021 were the United States, the Netherlands and Saudi Arabia, together comprising 37% of global production. China, Japan, India, Canada, Indonesia, Russia, Singapore, Spain, Brazil and South Korea lagged somewhat behind, together comprising a further 39%.

What are the leading suppliers of styrene to Puerto Rico?

In value terms, China, India and Belgium appeared to be the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. These countries were followed by Turkey, Mexico, the United States, Germany, France, Taiwan Chinese), South Korea, the Netherlands, Hong Kong SAR and Brazil, which together accounted for a further 44%.

What are the leading importers of styrene from Puerto Rico?

In value terms, the largest styrene supplying countries from Puerto Rico were the Netherlands, the United States and Saudi Arabia, with a combined 49% share of total exports. Singapore, South Korea, Japan, Kuwait, Canada, Taiwan Chinese) and Iran lagged somewhat behind, together accounting for a further 34%.

What is the average export price for styrene in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining constant against the previous year.

What is the average import price for styrene in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the styrene market in Puerto Rico. 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 20141250 - Styrene

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

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