Norway: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Norway

After four years of growth, the Norwegian styrene-acrylonitrile market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a prominent expansion. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Styrene-Acrylonitrile Exports

Exports from Norway

After two years of growth, shipments abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, styrene-acrylonitrile exports expanded notably to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for styrene-acrylonitrile exports from Norway, accounting for a X% share of total exports. Moreover, styrene-acrylonitrile exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

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

In value terms, the Netherlands ($X) emerged as the key foreign market for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exports from Norway, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Sweden (X% per year).

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average 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 China ($X per ton), while the average price for exports to Germany ($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 Poland (X%), while the prices for the other major destinations experienced a decline.

Styrene-Acrylonitrile Imports

Imports into Norway

In 2022, approx. X tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported into Norway; waning by X% against 2021. Over the period under review, imports, however, posted a slight expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then fell notably in the following year.

In value terms, styrene-acrylonitrile imports shrank dramatically to $X in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

Sweden (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of styrene-acrylonitrile imports to Norway, together accounting for X% of total imports. The Netherlands, France, Germany, Hungary, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Sweden ($X) constituted the largest supplier of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) to Norway, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

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. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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