SADC: Styrene-Acrylonitrile Copolymers Market 2024

Styrene-Acrylonitrile Copolymers Market Size in SADC

The SADC styrene-acrylonitrile copolymers market rose rapidly to $X in 2023, increasing by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Copolymers Production in SADC

In value terms, styrene-acrylonitrile copolymers production expanded remarkably to $X in 2023 estimated in export price. The total production indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Styrene-Acrylonitrile Copolymers Exports

Exports in SADC

Styrene-acrylonitrile copolymers exports surged to X tons in 2023, growing by X% against the year before. Total exports indicated measured growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, styrene-acrylonitrile copolymers exports soared to $X in 2023. Total exports indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of styrene-acrylonitrile (san) copolymers in primary forms, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the styrene-acrylonitrile (san) copolymers in primary forms exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest styrene-acrylonitrile copolymers supplier in SADC.

In South Africa, styrene-acrylonitrile copolymers exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Styrene-Acrylonitrile Copolymers Imports

Imports in SADC

In 2023, styrene-acrylonitrile copolymers imports in SADC surged to X tons, increasing by X% on the year before. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, styrene-acrylonitrile copolymers imports surged to $X in 2023. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2023, South Africa (X tons) and Tanzania (X tons) represented the major importers of styrene-acrylonitrile (san) copolymers in primary forms in SADC, together generating X% of total imports. Angola (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Seychelles (X%), Zimbabwe (X%) and Swaziland (X%). Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Seychelles (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Tanzania ($X) and Angola ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Seychelles, Zimbabwe, Swaziland and Zambia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Seychelles, with a CAGR of X%, recorded 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

In 2023, the import price in SADC amounted to $X per ton, dropping by X% against the previous year. Overall, the import price recorded a mild contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Seychelles ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Seychelles (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform