Estonia: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Estonia

In 2022, the Estonian styrene-acrylonitrile market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption recorded a perceptible decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Styrene-Acrylonitrile Exports

Exports from Estonia

In 2022, overseas shipments 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 two years of decline. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports skyrocketed to $X in 2022. Overall, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for styrene-acrylonitrile exports from Estonia, accounting for a X% share of total exports. Moreover, styrene-acrylonitrile exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), eightfold. Germany (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 Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Germany (X% per year).

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

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

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 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 Lithuania ($X per ton), while the average price for exports to Poland ($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 Lithuania (X%), while the prices for the other major destinations experienced a decline.

Styrene-Acrylonitrile Imports

Imports into Estonia

In 2022, purchases abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) was finally on the rise to reach X tons after three years of decline. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports surged to $X in 2022. Over the period under review, imports enjoyed modest growth. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Spain (X tons) and Sweden (X tons) were the main suppliers of styrene-acrylonitrile imports to Estonia, with a combined X% share of total imports. Poland, South Korea, Norway and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest styrene-acrylonitrile suppliers to Estonia were Taiwan (Chinese) ($X), Spain ($X) and Sweden ($X), together accounting for X% of total imports. Poland, Norway, South Korea and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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 most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform