Price for Styrene Polymers; Waste, Parings and Scrap in Norway - 2024

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Norway (FOB) - 2022
2. Price for Styrene Polymers; Waste, Parings and Scrap in Norway (CIF) - 2022
3. Exports of Styrene Polymers; Waste, Parings and Scrap in Norway
4. Imports of Styrene Polymers; Waste, Parings and Scrap in Norway

Price for Styrene Polymers; Waste, Parings and Scrap in Norway (FOB) - 2022

In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $869 per ton, with an increase of 24% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for styrene polymers; waste, parings and scraps increased by +95.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,300 per ton), while the average price for exports to Poland ($227 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 Spain (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Styrene Polymers; Waste, Parings and Scrap in Norway (CIF) - 2022

The average import price for styrene polymers; waste, parings and scraps stood at $736 per ton in 2022, falling by -10.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 85%. As a result, import price reached the peak level of $1,449 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Finland ($10,482 per ton), while the price for Denmark ($168 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+17.7%), while the prices for the other major suppliers experienced a decline.

Exports of Styrene Polymers; Waste, Parings and Scrap in Norway

In 2022, approx. 8.4K tons of styrene polymers; waste, parings and scraps were exported from Norway; rising by 66% compared with the year before. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of styrene polymers; waste, parings and scraps surged to $7.3M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Norway in 2022:

1. Lithuania (3345.5 tons)
2. Germany (1395.4 tons)
3. Netherlands (1187.0 tons)
4. Spain (1173.8 tons)
5. United Kingdom (653.6 tons)
6. Sweden (263.1 tons)
7. Poland (234.3 tons)
8. Denmark (41.3 tons)

Imports of Styrene Polymers; Waste, Parings and Scrap in Norway

For the third consecutive year, Norway recorded decline in purchases abroad of styrene polymers; waste, parings and scraps, which decreased by -66.4% to 68 tons in 2022. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -28.6% was in 2020.

In value terms, imports of styrene polymers; waste, parings and scraps contracted significantly to $50K in 2022. In general, imports saw a significant curtailment. The smallest decline of -14.1% was in 2020.

Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Norway in 2022:

1. Denmark (61.9 tons)
2. Finland (3.4 tons)
3. Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform