U.S. - Styrene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStyrene Prices in the United States
U.S. Styrene Export Price per Ton in August 2022
In August 2022, the styrene price per ton stood at $1.5K (FOB, US), dropping by -21.8% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 17% m-o-m. Over the period under review, the average export prices reached the peak figure at $1.9K per ton in July 2022, and then declined remarkably in the following month.
Average prices varied somewhat for the major external markets. In August 2022, the countries with the highest prices were Colombia ($1.7K per ton) and Mexico ($1.6K per ton), while the average price for exports to Brazil ($1.2K per ton) and the Netherlands ($1.2K per ton) were amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Styrene Exports
In August 2022, shipments abroad of styrene increased by 5.7% to 117K tons, rising for the third consecutive month after two months of decline. Overall, exports, however, recorded a mild reduction. The pace of growth appeared the most rapid in March 2022 with an increase of 64% month-to-month.
In value terms, styrene exports dropped significantly to $175M (IndexBox estimates) in August 2022. Over the period under review, total exports indicated slight growth from January 2022 to August 2022: its value increased at an average monthly rate of +1.1% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports increased by +28.1% against May 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 71% m-o-m.
U.S. Styrene Exports by Country
Mexico (56K tons) was the main destination for styrene exports from the United States, accounting for a 48% share of total exports. Moreover, styrene exports to Mexico exceeded the volume sent to the second major destination, Belgium (22K tons), threefold. the Netherlands (14K tons) ranked third in terms of total exports with a 12% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume to Mexico totaled -3.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+10.4% per month) and the Netherlands (+47.3% per month).
In value terms, Mexico ($87M) remains the key foreign market for styrene exports from the United States, comprising 50% of total exports. The second position in the ranking was held by Belgium ($32M), with an 18% share of total exports. It was followed by Colombia, with a 12% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value to Mexico was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (+11.6% per month) and Colombia (+12.5% per month).
This report provides an in-depth analysis of the styrene market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In November 2022, the styrene price stood at $1,147 per ton (FOB, US), surging by 2.1% against the previous month.
848
In August 2022, the styrene price per ton amounted to $1.5 per kg, which is down by -21.8% against the previous month.
1108
In May 2022, the styrene price per ton amounted to $1,680 per ton, standing approx.
735
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3810
In May 2022, the ethylbenzene price per ton amounted to $1,448 (FOB, US), falling by -21.5% against the previous month.
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In July 2022, the o-xylene price per ton amounted to $1,764, surging by 62% against the previous month.
299
Imports of Cyclic Hydrocarbons reached a staggering $7.7M in June 2023 in terms of value.
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In February 2023, the price of cyclohexane was up 13% from the previous month with a cost of $1,063 per ton FOB (Free on Board) in the United States.
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Explore the top import markets for styrene and their key statistics. Learn about the demand, trends, and opportunities in the global styrene industry.
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In 2018, approx. 9.4M tons of styrene were exported worldwide; coming down by -8.6% against the previous year
