Tunisia: Styrene-Acrylonitrile Market 2024

Styrene-Acrylonitrile Market Size in Tunisia

In 2022, the Tunisian styrene-acrylonitrile market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, the total consumption indicated a tangible expansion 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 hit record highs in 2022 and is likely to continue growth in years to come.

Styrene-Acrylonitrile Production in Tunisia

In value terms, styrene-acrylonitrile production rose notably to $X in 2022 estimated in export price. Over the period under review, production saw a modest expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Styrene-Acrylonitrile Exports

Exports from Tunisia

Styrene-acrylonitrile exports from Tunisia contracted remarkably to X tons in 2022, dropping by X% compared with 2021 figures. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, styrene-acrylonitrile exports shrank rapidly to $X in 2022. In general, exports recorded a sharp descent. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X tons) was the main destination for styrene-acrylonitrile exports from Tunisia, accounting for a X% share of total exports. Moreover, styrene-acrylonitrile exports to Algeria exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Algeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Italy (X% per year).

In value terms, Algeria ($X) remains the key foreign market for styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) exports from Tunisia, comprising X% of total exports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average styrene-acrylonitrile export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, saw a mild curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Styrene-Acrylonitrile Imports

Imports into Tunisia

In 2022, after three years of decline, there was significant decline in overseas purchases of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms), when their volume decreased by X% to X tons. In general, imports, however, saw a resilient expansion. 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 hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile imports totaled $X in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of styrene-acrylonitrile imports to Tunisia, with a combined X% share of total imports.

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

In value terms, the largest styrene-acrylonitrile suppliers to Tunisia were Italy ($X), Saudi Arabia ($X) and Germany ($X), with a combined X% share of total imports.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, rising by X% against the previous year. Overall, the import price showed a slight increase. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue 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 ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform