Price for Styrene Polymers; Waste, Parings and Scrap in Denmark - 2023

Contents:

1. Price for Styrene Polymers; Waste, Parings and Scrap in Denmark (FOB) - 2023
2. Price for Styrene Polymers; Waste, Parings and Scrap in Denmark (CIF) - 2022
3. Exports of Styrene Polymers; Waste, Parings and Scrap in Denmark
4. Imports of Styrene Polymers; Waste, Parings and Scrap in Denmark

Price for Styrene Polymers; Waste, Parings and Scrap in Denmark (FOB) - 2023

The average export price for styrene polymers; waste, parings and scraps stood at $885 per ton in November 2023, approximately reflecting the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 29% month-to-month. The export price peaked at $1,129 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($1,367 per ton), while the average price for exports to Estonia ($112 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $958 per ton, which is down by -3.8% against the previous year. Overall, the import price recorded a pronounced slump. The growth pace was the most rapid in 2021 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum at $1,741 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,171 per ton), while the price for Norway ($795 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of styrene polymers; waste, parings and scraps from Denmark skyrocketed to 7K tons, rising by 153% against the previous year. Overall, exports recorded a significant expansion. 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 skyrocketed to $7.2M in 2022. Over the period under review, exports showed a significant increase. 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 Denmark in 2022:

1. Germany (2323.9 tons)
2. Netherlands (1367.8 tons)
3. Sweden (1010.7 tons)
4. France (689.0 tons)
5. Portugal (535.7 tons)
6. Spain (436.8 tons)
7. Czech Republic (344.8 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of styrene polymers; waste, parings and scraps, when their volume decreased by -17.8% to 2K tons. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year.

In value terms, imports of styrene polymers; waste, parings and scraps declined markedly to $2M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $2.5M, and then dropped rapidly in the following year.

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

1. Norway (872.2 tons)
2. Czech Republic (540.5 tons)
3. Germany (265.3 tons)
4. Netherlands (209.6 tons)
5. United Kingdom (69.0 tons)
6. Sweden (54.2 tons)
7. Austria (32.7 tons)

Source: IndexBox Market Intelligence Platform