Overview of the Global Market for Cellular Plates, Sheets and Films of Polyymers of Styrene

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene

For the third year in a row, the global market for cellular plates, sheets and films of polyymers of styrene recorded growth in sales value, which increased by 2.2% to $X in 2022. The market value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 8.1%. Over the period under review, the global market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene

In value terms, production of cellular plates, sheets and films of polyymers of styrene amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 16% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, global production of growth remained at a lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported worldwide was estimated at X tons, increasing by 1.7% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene expanded significantly to $X in 2022. Overall, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +41.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Germany (X tons), distantly followed by Poland (X tons), Belgium (X tons), Austria (X tons), China (X tons) and France (X tons) were the major exporters of cellular plates, sheets and films of polyymers of styrene, together constituting 48% of total exports. The following exporters - Turkey (X tons), Russia (X tons), the United States (X tons), Serbia (X tons), Romania (X tons), Greece (X tons) and Spain (X tons) - together made up 23% of total exports.

Exports from Germany increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Romania (+30.8%), France (+18.3%), Turkey (+16.8%), Russia (+14.6%), Serbia (+10.8%), Greece (+9.2%), China (+5.9%), Poland (+3.7%), Austria (+2.4%) and Belgium (+2.0%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.8% from 2012-2022. Spain experienced a relatively flat trend pattern. By contrast, the United States (-1.5%) illustrated a downward trend over the same period. While the share of France (+3.7 p.p.), Turkey (+3.1 p.p.), Romania (+2.5 p.p.) and Russia (+2.2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Belgium (-1.5 p.p.), the United States (-2.5 p.p.) and Germany (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest polystyrene cellular plates, sheets and films supplier worldwide, comprising 17% of global exports. The second position in the ranking was taken by Poland ($X), with an 8.2% share of global exports. It was followed by China, with a 7.7% share.

In Germany, exports of cellular plates, sheets and films of polyymers of styrene expanded at an average annual rate of +1.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+6.4% per year) and China (+10.2% per year).

Export Prices by Country

The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, growing by 9.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the other global leaders experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports

In 2022, global imports of cellular plates, sheets and films of polyymers of styrene contracted to X tons, waning by -7.9% against the previous year's figure. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene stood at $X in 2022. In general, total imports indicated moderate growth 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. Based on 2022 figures, imports increased by +42.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Over the period under review, global imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), followed by Italy (X tons) and Austria (X tons) were the largest importers of cellular plates, sheets and films of polyymers of styrene, together achieving 23% of total imports. The following importers - France (X tons), the United States (X tons), Belgium (X tons), Iraq (X tons), Hungary (X tons), Poland (X tons), Switzerland (X tons), the Netherlands (X tons), Vietnam (X tons) and the UK (X tons) - together made up 31% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +38.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films importing markets worldwide were Germany ($X), Italy ($X) and Austria ($X), together comprising 24% of global imports. France, the United States, Belgium, the Netherlands, Hungary, Switzerland, the UK, Poland, Vietnam and Iraq lagged somewhat behind, together comprising a further 31%.

In terms of the main importing countries, Vietnam, with a CAGR of +35.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15% against the previous year. Global import price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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