Global Acrylic Polymer Market 2024

Acrylic Polymer Market Size

The global acrylic polymer market expanded modestly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the global market remained at a somewhat lower figure.

Acrylic Polymer Production

In value terms, acrylic polymer production expanded modestly to $X in 2023 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, global production growth failed to regain momentum.

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Acrylic Polymer Exports

Exports

In 2023, overseas shipments of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after six years of growth. In general, total exports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the global exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, acrylic polymer exports fell to $X in 2023. Overall, total exports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then reduced in the following year.

Exports by Country

In 2023, China (X tons), South Korea (X tons), Germany (X tons), France (X tons), Belgium (X tons), the United States (X tons), Japan (X tons), Turkey (X tons), Taiwan (Chinese) (X tons), the Netherlands (X tons), Malaysia (X tons) and Singapore (X tons) was the main exporter of acrylic polymers (in primary forms) in the world, creating X% of total export.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of global exports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average acrylic polymer export price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Acrylic Polymer Imports

Imports

In 2023, supplies from abroad of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after ten years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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. From 2022 to 2023, the growth of global imports failed to regain momentum.

In value terms, acrylic polymer imports contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2022, and then shrank in the following year.

Imports by Country

In 2023, China (X tons), followed by Germany (X tons) and the United States (X tons) were the key importers of acrylic polymers (in primary forms), together mixing up X% of total imports. India (X tons), Italy (X tons), Poland (X tons), Canada (X tons), Turkey (X tons), France (X tons), Vietnam (X tons), Belgium (X tons), Spain (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to acrylic polymer imports into China stood at X%. At the same time, India (X%), Vietnam (X%), Turkey (X%), the United States (X%), Spain (X%), Canada (X%), Poland (X%), Italy (X%) and Belgium (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The Netherlands, Germany and France experienced a relatively flat trend pattern. India (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of global imports. Italy, India, Canada, Poland, Belgium, France, the Netherlands, Spain, Turkey and Vietnam lagged somewhat behind, together comprising a further X%.

India, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average acrylic polymer import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform