Denmark: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Denmark

The Danish styrene-acrylonitrile market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a mild expansion. Styrene-acrylonitrile consumption peaked in 2022 and is expected to retain growth in the immediate term.

Styrene-Acrylonitrile Production in Denmark

In value terms, styrene-acrylonitrile production reduced sharply to $X in 2022 estimated in export price. Overall, production, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then shrank rapidly in the following year.

Styrene-Acrylonitrile Exports

Exports from Denmark

In 2022, shipments abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, showed a mild increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, styrene-acrylonitrile exports shrank notably to $X in 2022. In general, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), China (X tons) and Belarus (X tons) were the main destinations of styrene-acrylonitrile exports from Denmark, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

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

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Sweden ($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 Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Styrene-Acrylonitrile Imports

Imports into Denmark

In 2022, approx. X tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported into Denmark; rising by X% on the previous year's figure. In general, imports saw a slight expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, styrene-acrylonitrile imports soared to $X in 2022. Over the period under review, imports saw modest growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of styrene-acrylonitrile to Denmark, with a X% share of total imports. Moreover, styrene-acrylonitrile imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with a X% share.

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

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

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

Import Prices by Country

The average styrene-acrylonitrile import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

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

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

Source: IndexBox Platform

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