Report Update Nov 1, 2024

Hong Kong SAR, China - Styrene-Acrylonitrile (San) Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Hong Kong SAR, China

The Hong Kong styrene-acrylonitrile copolymers market shrank sharply to $X in 2022, waning by -34% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Styrene-Acrylonitrile Copolymers Production in Hong Kong SAR, China

In value terms, styrene-acrylonitrile copolymers production contracted slightly to $X in 2022 estimated in export price. In general, production showed a slight curtailment. The growth pace was the most rapid in 2014 when the production volume increased by 77%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Styrene-Acrylonitrile Copolymers Exports

Exports from Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in overseas shipments of styrene-acrylonitrile (san) copolymers in primary forms, when their volume decreased by -67.3% to X tons. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 6.9% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers exports dropped rapidly to $X in 2022. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Hong Kong SAR, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China stood at -17.4%.

In value terms, China ($X) also remains the key foreign market for styrene-acrylonitrile (san) copolymers in primary forms exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China amounted to -16.8%.

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2022, falling by -2.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.7% per year.

Styrene-Acrylonitrile Copolymers Imports

Imports into Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in purchases abroad of styrene-acrylonitrile (san) copolymers in primary forms, when their volume decreased by -73.8% to X tons. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 8.9%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers imports reduced dramatically to $X in 2022. Overall, imports faced a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 38%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Thailand (X tons) and South Korea (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Hong Kong SAR, together comprising 89% of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of -12.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest styrene-acrylonitrile copolymers suppliers to Hong Kong SAR were Taiwan (Chinese) ($X), Thailand ($X) and Japan ($X), with a combined 88% share of total imports.

Taiwan (Chinese), with a CAGR of -11.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, shrinking by -3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per ton) and Thailand ($X per ton), while the price for South Korea ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for styrene-acrylonitrile (san) copolymers in primary forms in the world?

China constituted the country with the largest volume of styrene-acrylonitrile copolymers consumption, accounting for 24% of total volume. Moreover, styrene-acrylonitrile copolymers consumption in China exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), twofold. The third position in this ranking was occupied by the United States, with a 9.9% share.

What are the largest producers of styrene-acrylonitrile (san) copolymers in primary forms in the world?

The countries with the highest volumes of in 2021 were South Korea, the United States and Taiwan Chinese), together comprising 42% of global production. Japan, Hungary, Thailand, China, Germany, Saudi Arabia, the Netherlands, Spain, Mexico and Malaysia lagged somewhat behind, together accounting for a further 43%.

What are the leading suppliers of styrene-acrylonitrile (san) copolymers in primary forms to Hong Kong SAR, China?

In value terms, the largest styrene-acrylonitrile copolymers suppliers to Hong Kong SAR were Taiwan Chinese), Thailand and South Korea, with a combined 89% share of total imports. Japan and Saudi Arabia lagged somewhat behind, together accounting for a further 8.9%.

What are the leading importers of styrene-acrylonitrile (san) copolymers in primary forms from Hong Kong SAR, China?

In value terms, China remains the key foreign market for styrene-acrylonitrile copolymers exports from Hong Kong SAR.

What is the average export price for styrene-acrylonitrile (san) copolymers in primary forms in Hong Kong SAR, China?

The average styrene-acrylonitrile copolymers export price stood at $2,097 per ton in 2021, rising by 30% against the previous year.

What is the average import price for styrene-acrylonitrile (san) copolymers in primary forms in Hong Kong SAR, China?

The average styrene-acrylonitrile copolymers import price stood at $2,022 per ton in 2021, growing by 32% against the previous year.

This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20162050 - Styrene-acrylonitrile (SAN) copolymers, in primary forms

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023