United Kingdom - Acrylonitrile-Butadiene-Styrene (Abs) Copolymers In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingABS Copolymers Price in the UK - 2023
Contents:
- ABS Copolymers Price in the UK (CIF) - 2023
- ABS Copolymers Price in the UK (FOB) - 2022
- ABS Copolymers Imports in the UK
- ABS Copolymers Exports in the UK
ABS Copolymers Price in the UK (CIF) - 2023
In June 2023, the average ABS copolymers import price amounted to $2,760 per ton, increasing by 12% against the previous month. Overall, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 19% against the previous month. Over the period under review, average import prices hit record highs at $3,812 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($3,474 per ton), while the price for Taiwan (Chinese) ($1,951 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.1%), while the prices for the other major suppliers experienced a decline.
ABS Copolymers Price in the UK (FOB) - 2022
The average ABS copolymers export price stood at $1,652 per ton in 2022, shrinking by -16.2% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of 18% against the previous year. The export price peaked at $3,150 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,440 per ton), while the average price for exports to Malaysia ($723 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 Luxembourg (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
ABS Copolymers Imports in the UK
ABS copolymers imports into the UK shrank to 42K tons in 2022, dropping by -13.3% against 2021 figures. In general, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of 48K tons, and then shrank in the following year.
In value terms, ABS copolymers imports dropped to $126M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $134M, and then dropped in the following year.
Import of ABS Copolymers in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 25.4 | 16.0 | 22.3 | 30.6 | 6.4% |
Netherlands | 19.9 | 14.1 | 22.9 | 21.7 | 2.9% |
Belgium | 11.7 | 10.0 | 19.0 | 20.8 | 21.1% |
Taiwan (Chinese) | 8.3 | 4.0 | 18.2 | 17.7 | 28.7% |
Germany | 14.0 | 15.6 | 22.6 | 12.1 | -4.7% |
Spain | 10.3 | 8.1 | 12.5 | 11.4 | 3.4% |
Italy | 1.7 | 1.1 | 4.2 | 3.0 | 20.8% |
Ireland | 5.0 | 4.4 | 6.8 | 0.7 | -48.1% |
Others | 3.5 | 3.4 | 5.9 | 8.1 | 32.3% |
Total | 99.7 | 76.8 | 134 | 126 | 8.1% |
Top Suppliers of ABS Copolymers to the UK in 2022:
- South Korea (10.3K tons)
- Netherlands (8.4K tons)
- Belgium (6.7K tons)
- Taiwan (Chinese) (5.7K tons)
- Germany (4.5K tons)
- Spain (3.4K tons)
- Italy (0.9K tons)
- Ireland (0.1K tons)
ABS Copolymers Exports in the UK
In 2022, exports of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms from the UK soared to 18K tons, increasing by 25% against the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, ABS copolymers exports amounted to $30M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
Export of ABS Copolymers in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 0.1 | 0.3 | 1.6 | 5.8 | 287.1% |
Belgium | 1.5 | 1.2 | 5.6 | 5.8 | 57.0% |
Netherlands | 0.4 | 0.5 | 1.3 | 2.5 | 84.2% |
Italy | 1.3 | 1.7 | 1.6 | 2.3 | 20.9% |
Germany | 1.8 | 3.3 | 2.2 | 2.1 | 5.3% |
Ireland | 4.1 | 1.6 | 1.4 | 1.6 | -26.9% |
Hungary | 0.1 | 0.6 | 2.0 | 1.4 | 141.0% |
Denmark | 0.2 | 0.6 | 1.4 | 1.3 | 86.6% |
Poland | 1.7 | 1.6 | 1.7 | 1.0 | -16.2% |
Luxembourg | 0.2 | 0.4 | 1.0 | 1.0 | 71.0% |
France | 0.5 | 1.1 | 1.2 | 0.8 | 17.0% |
South Korea | 0.1 | N/A | 0.3 | 0.4 | 58.7% |
Lithuania | 1.8 | 2.1 | 0.3 | 0.2 | -51.9% |
Others | 6.1 | 5.6 | 7.4 | 4.2 | -11.7% |
Total | 19.8 | 20.7 | 29.1 | 30.5 | 15.5% |
Top Export Markets for ABS Copolymers from the UK in 2022:
- Lithuania (undefinedK tons)
- Malaysia (8.0K tons)
- Italy (1.8K tons)
- Belgium (1.7K tons)
- Netherlands (1.2K tons)
- Germany (0.9K tons)
- Ireland (0.7K tons)
- South Korea (0.6K tons)
- Denmark (0.5K tons)
- Luxembourg (0.4K tons)
- Hungary (0.4K tons)
- Poland (0.3K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the abs copolymers market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20162070 - Acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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