Denmark: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Denmark

In 2022, the Danish styrene-acrylonitrile copolymers market decreased by -36.6% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, continues to indicate a temperate expansion. As a result, consumption attained the peak level of $X, and then plummeted in the following year.

Styrene-Acrylonitrile Copolymers Production in Denmark

In value terms, styrene-acrylonitrile copolymers production shrank notably to $X in 2022 estimated in export price. In general, production recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 362% against the previous year. As a result, production attained the peak level of $X, and then declined sharply in the following year.

Styrene-Acrylonitrile Copolymers Exports

Exports from Denmark

In 2022, the amount of styrene-acrylonitrile (san) copolymers in primary forms exported from Denmark skyrocketed to X tons, with an increase of 2,733% on 2021 figures. In general, exports enjoyed resilient growth. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, styrene-acrylonitrile copolymers exports skyrocketed to $X in 2022. Overall, exports enjoyed resilient growth. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Denmark, with a 89% share of total exports. Moreover, styrene-acrylonitrile copolymers exports to Belarus exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Belarus totaled +3,030.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-2.4% per year) and China (+13.0% per year).

In value terms, Belarus ($X) remains the key foreign market for styrene-acrylonitrile (san) copolymers in primary forms exports from Denmark, comprising 88% of total exports. The second position in the ranking was held by Sweden ($X), with a 7.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belarus stood at +4,265.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+12.2% per year) and China (-19.2% per year).

Export Prices by Country

In 2022, the average styrene-acrylonitrile copolymers export price amounted to $X per ton, picking up by 41% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 420%. 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 Belarus ($X per ton), while the average price for exports to China ($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 Belarus (+39.4%), while the prices for the other major destinations experienced mixed trend patterns.

Styrene-Acrylonitrile Copolymers Imports

Imports into Denmark

In 2022, approx. X tons of styrene-acrylonitrile (san) copolymers in primary forms were imported into Denmark; which is down by -21.3% against the previous year. In general, imports showed a noticeable decrease. The pace of growth was the most pronounced in 2016 with an increase of 60% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, styrene-acrylonitrile copolymers imports contracted significantly to $X in 2022. Overall, imports saw a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 73%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Denmark, with a combined 77% 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 Poland (with a CAGR of +34.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of styrene-acrylonitrile (san) copolymers in primary forms to Denmark, comprising 44% of total imports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total imports. It was followed by Poland, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.2% per year) and Poland (+36.2% per year).

Import Prices by Country

In 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, rising by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 Germany ($X per ton), while the price for Italy ($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 (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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