Romania: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Romania

After three years of growth, the Romanian styrene-acrylonitrile copolymers market decreased by -8.4% to $X in 2022. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Styrene-Acrylonitrile Copolymers Production in Romania

In value terms, styrene-acrylonitrile copolymers production expanded to $X in 2022 estimated in export price. In general, production recorded a pronounced setback. The pace of growth was the most pronounced in 2019 with an increase of 14% against the previous year. Styrene-acrylonitrile copolymers production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports from Romania

In 2022, the amount of styrene-acrylonitrile (san) copolymers in primary forms exported from Romania skyrocketed to X tons, growing by 17% against the previous year. Over the period under review, exports continue to indicate a strong expansion. The growth pace was the most rapid in 2015 when exports increased by 9,049% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, styrene-acrylonitrile copolymers exports surged to $X in 2022. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 2,447% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for styrene-acrylonitrile copolymers exports from Romania, with a 97% share of total exports. It was followed by Moldova (X tons), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at +19.2%.

In value terms, Italy ($X) remains the key foreign market for styrene-acrylonitrile (san) copolymers in primary forms exports from Romania, comprising 92% of total exports. The second position in the ranking was taken by Moldova ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +22.1%.

Export Prices by Country

The average styrene-acrylonitrile copolymers export price stood at $X per ton in 2022, jumping by 42% against the previous year. Over the period under review, the export price continues to indicate modest growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 132% against the previous year. 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 somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Styrene-Acrylonitrile Copolymers Imports

Imports into Romania

In 2022, supplies from abroad of styrene-acrylonitrile (san) copolymers in primary forms decreased by -34.6% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 141%. Imports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, styrene-acrylonitrile copolymers imports shrank markedly to $X in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 93%. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

Belgium (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Romania, together accounting for 93% of total imports. The Netherlands and Poland lagged somewhat behind, together accounting for a further 5.9%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +76.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of styrene-acrylonitrile (san) copolymers in primary forms to Romania, comprising 51% of total imports. The second position in the ranking was held by Italy ($X), with a 23% share of total imports. It was followed by Germany, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at +54.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.0% per year) and Germany (+16.5% per year).

Import Prices by Country

In 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Belgium ($X per ton), while the price for the Netherlands ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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