Report Update Nov 1, 2024

Bangladesh - Styrene-Acrylonitrile (San) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Bangladesh

The Bangladeshi styrene-acrylonitrile copolymers market shrank dramatically to $X in 2022, waning by -15% 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, however, recorded strong growth. Styrene-acrylonitrile copolymers consumption peaked at $X in 2021, and then dropped notably in the following year.

Styrene-Acrylonitrile Copolymers Exports

Exports from Bangladesh

In 2022, shipments abroad of styrene-acrylonitrile (san) copolymers in primary forms increased by 6.9% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by 301%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, styrene-acrylonitrile copolymers exports amounted to $X in 2022. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 191%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea stood at -15.3%.

In value terms, South Korea ($X) also remains the key foreign market for styrene-acrylonitrile (san) copolymers in primary forms exports from Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at -19.2%.

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2022, reducing by -6.4% against the previous year. Overall, the export price showed a perceptible slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -4.6% per year.

Styrene-Acrylonitrile Copolymers Imports

Imports into Bangladesh

In 2022, imports of styrene-acrylonitrile (san) copolymers in primary forms into Bangladesh dropped to X tons, waning by -5.2% against the previous year's figure. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 82% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile copolymers imports contracted markedly to $X in 2022. Overall, imports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 55%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

South Korea (X tons), Taiwan (Chinese) (X tons) and Malaysia (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Bangladesh, with a combined 57% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Malaysia ($X) were the largest styrene-acrylonitrile copolymers suppliers to Bangladesh, with a combined 57% share of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +25.3%, saw 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 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, falling by -13.3% against the previous year. Over the period under review, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Malaysia ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for styrene-acrylonitrile (san) copolymers in primary forms in the world?

The country with the largest volume of styrene-acrylonitrile copolymers consumption was China, accounting for 24% of total volume. Moreover, styrene-acrylonitrile copolymers consumption in China exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), twofold. The third position in this ranking was occupied by the United States, with a 9.9% share.

What are the largest producers of styrene-acrylonitrile (san) copolymers in primary forms in the world?

The countries with the highest volumes of in 2021 were South Korea, the United States and Taiwan Chinese), with a combined 42% share of global production. These countries were followed by Japan, Hungary, Thailand, China, Germany, Saudi Arabia, the Netherlands, Spain, Mexico and Malaysia, which together accounted for a further 43%.

What are the leading suppliers of styrene-acrylonitrile (san) copolymers in primary forms to Bangladesh?

In value terms, Taiwan Chinese) constituted the largest supplier of styrene-acrylonitrile copolymers to Bangladesh, comprising 58% of total imports. The second position in the ranking was occupied by Malaysia, with a 21% share of total imports. It was followed by South Korea, with a 16% share.

What are the leading importers of styrene-acrylonitrile (san) copolymers in primary forms from Bangladesh?

In value terms, South Korea remains the key foreign market for styrene-acrylonitrile copolymers exports from Bangladesh.

What is the average export price for styrene-acrylonitrile (san) copolymers in primary forms in Bangladesh?

In 2021, the average styrene-acrylonitrile copolymers export price amounted to $858 per ton, reducing by -6.4% against the previous year.

What is the average import price for styrene-acrylonitrile (san) copolymers in primary forms in Bangladesh?

The average styrene-acrylonitrile copolymers import price stood at $1,529 per ton in 2021, picking up by 2.8% against the previous year.

This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in Bangladesh. 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 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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