Slovakia: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Slovakia

In 2022, the Slovak styrene-acrylonitrile market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, posted a resilient increase. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Styrene-Acrylonitrile Production in Slovakia

In value terms, styrene-acrylonitrile production soared to $X in 2022 estimated in export price. In general, production showed a deep reduction. Styrene-acrylonitrile production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Styrene-Acrylonitrile Exports

Exports from Slovakia

After two years of growth, overseas shipments of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons in 2022. Overall, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile exports dropped notably to $X in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for styrene-acrylonitrile exports from Slovakia, accounting for a X% share of total exports. Moreover, styrene-acrylonitrile exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Hungary (X% per year).

In value terms, the largest markets for styrene-acrylonitrile exported from Slovakia were Germany ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total exports. Poland, Italy, China and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to China ($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 the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Styrene-Acrylonitrile Imports

Imports into Slovakia

In 2022, overseas purchases of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, showed measured growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile imports dropped remarkably to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Hungary (X tons) were the main suppliers of styrene-acrylonitrile imports to Slovakia, together comprising X% of total imports.

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

In value terms, the largest styrene-acrylonitrile suppliers to Slovakia were Germany ($X), the Netherlands ($X) and Belgium ($X), together comprising X% of total imports. Hungary, South Korea, Spain, the Czech Republic, Italy and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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