Switzerland: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in Switzerland

The Swiss styrene-acrylonitrile copolymers market reduced to $X in 2022, waning by -9.8% against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then fell in the following year.

Styrene-Acrylonitrile Copolymers Production in Switzerland

In value terms, styrene-acrylonitrile copolymers production totaled $X in 2022 estimated in export price. Over the period under review, production posted a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of 77% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports from Switzerland

After two years of decline, shipments abroad of styrene-acrylonitrile (san) copolymers in primary forms increased by 14% to X tons in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 63% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, styrene-acrylonitrile copolymers exports plummeted to $X in 2022. In general, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank notably in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and Hungary (X tons) were the main destinations of styrene-acrylonitrile copolymers exports from Switzerland, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +46.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Hungary ($X) and Italy ($X) were the largest markets for styrene-acrylonitrile copolymers exported from Switzerland worldwide, with a combined 59% share of total exports. Portugal, Romania, France, the Czech Republic, Poland and Austria lagged somewhat behind, together comprising a further 37%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +42.1%, 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 copolymers export price stood at $X per ton in 2022, which is down by -27.2% against the previous year. Overall, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 the Czech Republic ($X per ton), while the average price for exports to Italy ($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 Austria (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Styrene-Acrylonitrile Copolymers Imports

Imports into Switzerland

Styrene-acrylonitrile copolymers imports into Switzerland reduced markedly to X tons in 2022, which is down by -18.6% compared with the year before. In general, imports continue to indicate a slight setback. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers imports shrank rapidly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Taiwan (Chinese) (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of styrene-acrylonitrile copolymers imports to Switzerland, with a combined 87% share of total imports. South Korea, Australia, Belgium, Poland and the Netherlands lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +54.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Italy ($X) appeared to be the largest styrene-acrylonitrile copolymers suppliers to Switzerland, with a combined 85% share of total imports. South Korea, Poland, Australia, Belgium and the Netherlands lagged somewhat behind, together accounting for a further 10%.

Among the main suppliers, Poland, with a CAGR of +82.1%, saw 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 copolymers import price stood at $X per ton in 2022, surging by 3.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 37% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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