Benelux: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Benelux

In 2022, the Benelux styrene-acrylonitrile copolymers market increased by 12% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption showed a remarkable increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Styrene-Acrylonitrile Copolymers Production in Benelux

In value terms, styrene-acrylonitrile copolymers production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 26%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports in Benelux

In 2022, approx. X tons of styrene-acrylonitrile (san) copolymers in primary forms were exported in Benelux; waning by -37.5% against the previous year. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2016 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, styrene-acrylonitrile copolymers exports declined remarkably to $X in 2022. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands dominates exports structure, reaching X tons, which was approx. 91% of total exports in 2022. It was distantly followed by Belgium (X tons), comprising an 8.7% share of total exports.

The Netherlands was also the fastest-growing in terms of the styrene-acrylonitrile (san) copolymers in primary forms exports, with a CAGR of -4.9% from 2012 to 2022. Belgium (-13.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +10 percentage points.

In value terms, the Netherlands ($X) remains the largest styrene-acrylonitrile copolymers supplier in Benelux, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with an 8.1% share of total exports.

In the Netherlands, styrene-acrylonitrile copolymers exports shrank by an average annual rate of -4.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, with an increase of 5.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 59% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%).

Styrene-Acrylonitrile Copolymers Imports

Imports in Benelux

In 2022, after two years of growth, there was significant decline in supplies from abroad of styrene-acrylonitrile (san) copolymers in primary forms, when their volume decreased by -51.4% to X tons. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 69%. The volume of import peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, styrene-acrylonitrile copolymers imports contracted rapidly to $X in 2022. Over the period under review, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) represented roughly 84% of total imports in 2022. It was distantly followed by Luxembourg (X tons), making up a 16% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Luxembourg (with a CAGR of +25.1%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) constituted the countries with the highest levels of imports in 2022.

Luxembourg, with a CAGR of +24.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with an increase of 9% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 when the import price increased by 42% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform