Report Update Nov 1, 2024

Puerto Rico - Polystyrene, in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Puerto Rico: Polystyrene Market 2024

Polystyrene Market Size in Puerto Rico

The Puerto Rican polystyrene market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a perceptible slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Polystyrene Production in Puerto Rico

In value terms, polystyrene production rose sharply to $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2013 with an increase of 41%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Polystyrene Exports

Exports by Country

The shipments of the twelve major exporters of polystyrene, namely Taiwan (Chinese), Belgium, France, the Netherlands, the United States, Hong Kong SAR, Malaysia, South Korea, China, Japan, Turkey and Italy, represented more than two-thirds of total export. Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +20.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene supplying countries from Puerto Rico were Taiwan (Chinese) ($X), Belgium ($X) and France ($X), with a combined 30% share of total exports. The Netherlands, the United States, Hong Kong SAR, China, South Korea, Italy, Turkey, Malaysia, Japan and Thailand lagged somewhat behind, together comprising a further 39%.

Among the main exporting countries, Turkey, with a CAGR of +21.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Polystyrene Imports

Imports by Country

In 2021, China (X tons), distantly followed by Germany (X tons), Poland (X tons), Italy (X tons) and the United States (X tons) were the largest importers of polystyrene, together committing 39% of total imports. The following importers - Vietnam (X tons), Malaysia (X tons), France (X tons), the UK (X tons), Mexico (X tons), Spain (X tons), Turkey (X tons) and Romania (X tons) - together made up 20% of total imports.

Imports into China increased at an average annual rate of +2.5% from 2012 to 2021. At the same time, Malaysia (+10.2%), Spain (+8.0%), Vietnam (+6.2%), Romania (+5.4%), the UK (+5.3%), Poland (+4.6%), the United States (+2.6%) and Mexico (+2.1%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of +10.2% from 2012-2021. Italy and Germany experienced a relatively flat trend pattern. By contrast, France (-1.5%) and Turkey (-10.4%) illustrated a downward trend over the same period. While the share of China (+2.4 p.p.) and Malaysia (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Turkey (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported polystyrene into Puerto Rico, comprising 14% of global imports. The second position in the ranking was taken by Poland ($X), with a 6.5% share of global imports. It was followed by Germany, with a 6.5% share.

In China, polystyrene imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+6.0% per year) and Germany (+1.2% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polystyrene in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together comprising 38% of global consumption.

What are the largest producers of polystyrene in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together accounting for 35% of global production.

What are the leading suppliers of polystyrene to Puerto Rico?

In value terms, China constitutes the largest market for imported polystyrene into Puerto Rico, comprising 14% of global imports. The second position in the ranking was occupied by Poland, with a 6.6% share of global imports. It was followed by Germany, with a 6.6% share.

What are the leading importers of polystyrene from Puerto Rico?

In value terms, Belgium, France and the Netherlands were the countries with the highest levels of exports in 2021, with a combined 28% share of total exports. These countries were followed by the United States, Germany, China, South Korea, Hong Kong SAR, Turkey, Italy, Malaysia, Singapore and Japan, which together accounted for a further 41%.

What is the average export price for polystyrene in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, stabilizing at the previous year.

What is the average import price for polystyrene in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the polystyrene market in Puerto Rico. 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 20162035 - Expansible polystyrene, in primary forms
Prodcom 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)

Country coverage:

Puerto Rico

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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