Ireland: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Ireland

In 2022, the Irish styrene-acrylonitrile copolymers market decreased by -39.8% to $X, falling for the second year in a row after five years of growth. Overall, consumption, however, saw strong growth. Styrene-acrylonitrile copolymers consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports from Ireland

In 2022, shipments abroad of styrene-acrylonitrile (san) copolymers in primary forms decreased by 0% to X tons, falling for the third consecutive year after three years of growth. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 934% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, styrene-acrylonitrile copolymers exports amounted to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 625% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Ireland, with a 81% share of total exports. Moreover, styrene-acrylonitrile copolymers exports to the UK exceeded the volume sent to the second major destination, Belgium (X tons), sevenfold. The third position in this ranking was held by the Czech Republic (X tons), with a 5.9% share.

From 2015 to 2022, the average annual rate of growth in terms of volume to the UK stood at +190.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+92.2% per year) and the Czech Republic (0.0% per year).

It was followed by the Czech Republic, with a 9.5% share.

From 2015 to 2022, the average annual growth rate of value to the UK totaled +201.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+98.8% per year) and the Czech Republic (0.0% per year).

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Copolymers Imports

Imports into Ireland

In 2022, purchases abroad of styrene-acrylonitrile (san) copolymers in primary forms decreased by 0% to X tons, falling for the second consecutive year after six years of growth. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 175% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile copolymers imports totaled $X in 2022. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 145% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Italy (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Ireland, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +363.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest styrene-acrylonitrile copolymers suppliers to Ireland were the UK ($X), the Netherlands ($X) and Italy ($X), with a combined 92% share of total imports.

Among the main suppliers, Italy, with a CAGR of +390.1%, 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 copolymers import price amounted to $X per ton, approximately equating the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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