Sweden: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Sweden

For the third year in a row, the Swedish styrene-acrylonitrile market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated temperate growth 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, consumption increased by X% against 2016 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Styrene-Acrylonitrile Production in Sweden

In value terms, styrene-acrylonitrile production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate modest growth. The growth pace was the most rapid in 2020 with an increase of X%. Styrene-acrylonitrile production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Styrene-Acrylonitrile Exports

Exports from Sweden

In 2022, shipments abroad of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, styrene-acrylonitrile exports totaled $X in 2022. Overall, exports, however, posted notable growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Finland (X tons) and Denmark (X tons) were the main destinations of styrene-acrylonitrile exports from Sweden, with a combined X% share of total exports. Germany, Norway, Poland, Belgium, Bulgaria, Lithuania, Italy, France, Estonia and Switzerland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Denmark ($X), Norway ($X) and Finland ($X) constituted the largest markets for styrene-acrylonitrile exported from Sweden worldwide, together accounting for X% of total exports. Germany, the Netherlands, Poland, Belgium, France, Lithuania, Italy, Estonia, Bulgaria and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Bulgaria, with a CAGR of X%, 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.

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. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Imports

Imports into Sweden

In 2022, imports of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) into Sweden dropped to X tons, declining by X% on 2021. Over the period under review, total imports indicated measured growth from 2012 to 2022: its volume 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile imports reduced to $X in 2022. In general, total imports indicated a perceptible 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 increased by X% against 2020 indices. 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 shrank in the following year.

Imports by Country

Taiwan (Chinese) (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of styrene-acrylonitrile imports to Sweden, with a combined X% share of total imports. Belgium, the Netherlands, Spain, the UK and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Belgium ($X) were the largest styrene-acrylonitrile suppliers to Sweden, with a combined X% share of total imports.

Among the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of 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

The average styrene-acrylonitrile import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Denmark ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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