Global Styrene-Acrylonitrile Market 2025

Styrene-Acrylonitrile Market Size

The global styrene-acrylonitrile market contracted to $X in 2022, leveling off at the previous year. In general, consumption continues to indicate a mild expansion. As a result, consumption reached the peak level of $X, leveling off in the following year.

Styrene-Acrylonitrile Production

In value terms, styrene-acrylonitrile production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Global production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Styrene-Acrylonitrile Exports

Exports

In 2022, global styrene-acrylonitrile exports dropped notably to X tons, waning by X% compared with 2021 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the global exports reached the peak figure at X tons in 2021, and then reduced notably in the following year.

In value terms, styrene-acrylonitrile exports dropped notably to $X in 2022. Over the period under review, exports recorded a slight reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then dropped dramatically in the following year.

Exports by Country

Taiwan (Chinese) (X tons) and South Korea (X tons) were the major exporters of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Malaysia (X tons), generating a X% share of total exports. The following exporters - Hong Kong SAR (X tons), the Netherlands (X tons), the United States (X tons), Thailand (X tons), Saudi Arabia (X tons), Japan (X tons), China (X tons), Spain (X tons), Belgium (X tons) and Italy (X tons) - together made up X% of total exports.

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

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Malaysia, the United States, Hong Kong SAR, Spain, China, Thailand, Japan, Saudi Arabia, Belgium and Italy lagged somewhat behind, together accounting for a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average styrene-acrylonitrile export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Spain ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Styrene-Acrylonitrile Imports

Imports

In 2022, approx. X tons of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) were imported worldwide; which is down by X% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, global imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, styrene-acrylonitrile imports shrank remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

China represented the main importer of styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) in the world, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Malaysia (X tons), generating an X% share of total imports. Vietnam (X tons), the United States (X tons), Germany (X tons), Hong Kong SAR (X tons), Mexico (X tons), Thailand (X tons), Turkey (X tons), India (X tons), Italy (X tons), Indonesia (X tons) and Hungary (X tons) followed a long way behind the leaders.

Imports into China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), Hungary (X%), India (X%), Vietnam (X%), Mexico (X%), Turkey (X%) and the United States (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Italy, Thailand and Germany experienced a relatively flat trend pattern. By contrast, Indonesia (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of China (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In China, styrene-acrylonitrile imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average styrene-acrylonitrile import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Mexico ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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