Chile: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Chile

The Chilean styrene-acrylonitrile market reduced markedly to $X in 2022, waning by X% 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). In general, consumption showed a pronounced decrease. Styrene-acrylonitrile consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Styrene-Acrylonitrile Exports

Exports from Chile

In 2022, exports of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) from Chile amounted to X tons, stabilizing at 2021 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports stood at $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Peru (X tons) was the main destination for styrene-acrylonitrile exports from Chile, accounting for a X% share of total exports. Moreover, styrene-acrylonitrile exports to Peru exceeded the volume sent to the second major destination, the United States (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru amounted to X%.

From 2012 to 2022, the average annual rate of growth in terms of value to Peru amounted to X%.

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

Styrene-Acrylonitrile Imports

Imports into Chile

In 2022, approx. X tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported into Chile; which is down by X% compared with the previous year's figure. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports contracted dramatically to $X in 2022. In general, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of styrene-acrylonitrile to Chile, with 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), fivefold. The third position in this ranking was held by China (X tons), with a X% share.

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

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

From 2012 to 2022, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and China (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 mild 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 when the average import price increased by X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 China ($X per ton), while the price for South Korea ($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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