Brazil: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Brazil

The Brazilian styrene-acrylonitrile market fell sharply to $X in 2022, waning by X% against the previous year. Overall, consumption saw a mild curtailment. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Styrene-Acrylonitrile Production in Brazil

In value terms, styrene-acrylonitrile production reached $X in 2022 estimated in export price. Overall, production showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Styrene-Acrylonitrile Exports

Exports from Brazil

Styrene-acrylonitrile exports from Brazil dropped sharply to X tons in 2022, with a decrease of X% against 2021 figures. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports fell dramatically to $X in 2022. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for styrene-acrylonitrile exports from Brazil, with a X% share of total exports. Moreover, styrene-acrylonitrile exports to Argentina exceeded the volume sent to the second major destination, Portugal (X tons), more than tenfold. Paraguay (X tons) ranked third in terms of total exports with a X% share.

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

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

From 2012 to 2022, the average annual growth rate of value to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average styrene-acrylonitrile export price amounted to $X per ton, approximately equating the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 China ($X per ton), while the average price for exports to Portugal ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports

Imports into Brazil

In 2022, imports of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) into Brazil contracted markedly to X tons, waning by X% on 2021 figures. Overall, imports saw a slight shrinkage. 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 fell notably in the following year.

In value terms, styrene-acrylonitrile imports declined significantly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, South Korea (X tons) constituted the largest styrene-acrylonitrile supplier to Brazil, accounting for a X% share of total imports. Moreover, styrene-acrylonitrile imports from South Korea exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. Saudi Arabia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Saudi Arabia (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) to Brazil, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2022, the average styrene-acrylonitrile import price amounted to $X per ton, growing by X% against the previous year. Overall, import price indicated a modest expansion 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 most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Malaysia ($X per ton), while the price for the United States ($X per ton) and Taiwan (Chinese) ($X per ton) were 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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