Croatia: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Croatia

In 2022, the Croatian styrene-acrylonitrile market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a moderate increase. Styrene-acrylonitrile consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Exports

Exports from Croatia

In 2022, after three years of growth, there was significant decline in overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms), when their volume decreased by X% to X tons. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports fell notably to $X in 2022. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X tons) was the main destination for styrene-acrylonitrile exports from Croatia, with a X% share of total exports. Moreover, styrene-acrylonitrile exports to Austria exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. Serbia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Serbia (X% per year).

In value terms, Austria ($X), Italy ($X) and Serbia ($X) constituted the largest markets for styrene-acrylonitrile exported from Croatia worldwide, together accounting for X% of total exports. Bosnia and Herzegovina, Poland, the Czech Republic, Malaysia and Slovenia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the Czech Republic, with a CAGR of X.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average styrene-acrylonitrile export price amounted to $X per ton, stabilizing at the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Malaysia ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports

Imports into Croatia

In 2022, supplies from abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports showed a perceptible increase. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile imports rose remarkably to $X in 2022. Overall, total imports indicated a perceptible increase 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Serbia (X tons), Italy (X tons) and Slovenia (X tons) were the main suppliers of styrene-acrylonitrile imports to Croatia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (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 Croatia were Italy ($X), Slovenia ($X) and Germany ($X), with a combined X% share of total imports. Serbia, Austria, France and Belgium lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Serbia, with a CAGR of X%, 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 import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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