Slovakia: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Slovakia

The Slovak styrene-acrylonitrile copolymers market dropped significantly to $X in 2022, with a decrease of -49.5% against the previous year. Over the period under review, consumption, however, showed a resilient increase. Styrene-acrylonitrile copolymers consumption peaked at $X in 2021, and then contracted markedly in the following year.

Styrene-Acrylonitrile Copolymers Production in Slovakia

In value terms, styrene-acrylonitrile copolymers production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a deep downturn. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports from Slovakia

In 2022, overseas shipments of styrene-acrylonitrile (san) copolymers in primary forms decreased by -21.4% to X tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 170%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers exports contracted dramatically to $X in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 189% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) and Austria (X tons) were the main destinations of styrene-acrylonitrile copolymers exports from Slovakia.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of -13.5%).

In value terms, the Czech Republic ($X) and Austria ($X) constituted the largest markets for styrene-acrylonitrile copolymers exported from Slovakia worldwide.

Among the main countries of destination, Austria, with a CAGR of -3.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average styrene-acrylonitrile copolymers export price amounted to $X per ton, waning by -2.2% against the previous year. In general, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2021 an increase of 325% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced slightly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Copolymers Imports

Imports into Slovakia

Styrene-acrylonitrile copolymers imports into Slovakia shrank dramatically to X tons in 2022, reducing by -47.9% against 2021. Overall, imports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2017 with an increase of 106%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, styrene-acrylonitrile copolymers imports plummeted to $X in 2022. In general, imports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest styrene-acrylonitrile copolymers supplier to Slovakia, with a 65% share of total imports. Moreover, styrene-acrylonitrile copolymers imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The third position in this ranking was held by the Czech Republic (X tons), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+15.8% per year) and the Czech Republic (+11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of styrene-acrylonitrile (san) copolymers in primary forms to Slovakia, comprising 62% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 6.8% share of total imports. It was followed by Japan, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+21.3% per year) and Japan (+5.8% per year).

Import Prices by Country

In 2022, the average styrene-acrylonitrile copolymers import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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