Northern America: Market for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) 2025

Market Size for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Northern America

In 2021, the North American polystyrene in primary forms market increased by 2% to $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption showed a perceptible downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Northern America

In value terms, polystyrene in primary forms production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Exports in Northern America

In 2021, the amount of polystyrene in primary forms (excluding expansible polystyrene) exported in Northern America expanded notably to X tons, picking up by 12% on the previous year's figure. Over the period under review, exports, however, saw a mild descent. The pace of growth appeared the most rapid in 2016 when exports increased by 14%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, polystyrene in primary forms exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a noticeable slump. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, recording X tons, which was approx. 96% of total exports in 2021. Canada (X tons) took a little share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of polystyrene in primary forms (excluding expansible polystyrene). Canada (-1.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest polystyrene in primary forms supplier in Northern America, comprising 96% of total exports. The second position in the ranking was held by Canada ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at -2.7%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 29% against the previous year. Over the period under review, the export price, however, recorded a slight downturn. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.8%).

Imports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Imports in Northern America

In 2021, the amount of polystyrene in primary forms (excluding expansible polystyrene) imported in Northern America declined to X tons, dropping by -6.4% compared with 2020. Total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.2% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 32%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, polystyrene in primary forms imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons) and Canada (X tons) represented roughly 100% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +3.4%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2021.

Among the main importing countries, the United States, with a CAGR of +3.2%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 45% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.5%).

Source: IndexBox Platform

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