Argentina: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Argentina

After two years of growth, the Argentinian styrene-acrylonitrile market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X, and then dropped modestly in the following year.

Styrene-Acrylonitrile Exports

Exports from Argentina

In 2022, the amount of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exported from Argentina reduced rapidly to X tons, shrinking by X% compared with 2021. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports contracted notably to $X in 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons), Malaysia (X tons) and Germany (X tons) were the main destinations of styrene-acrylonitrile exports from Argentina, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the key foreign market for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exports from Argentina, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Colombia (X% per year).

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, leveling off at the previous year. In general, the export price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports

Imports into Argentina

After two years of growth, overseas purchases of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, styrene-acrylonitrile imports reduced to $X in 2022. Overall, imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Mexico (X tons) were the main suppliers of styrene-acrylonitrile imports to Argentina, together comprising X% of total imports. The United States, Saudi Arabia, China, Germany and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest styrene-acrylonitrile suppliers to Argentina were Taiwan (Chinese) ($X), South Korea ($X) and Mexico ($X), with a combined X% share of total imports. The United States, Saudi Arabia, Germany, China and Malaysia lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average styrene-acrylonitrile import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, styrene-acrylonitrile import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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