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

Contents:

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

Price for Styrene Polymers; Waste, Parings and Scrap in the Netherlands (CIF) - 2023

The average import price for styrene polymers; waste, parings and scraps stood at $700 per ton in December 2023, shrinking by -7.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 15% month-to-month. Over the period under review, average import prices hit record highs at $771 per ton in October 2023; however, from November 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($877 per ton), while the price for Iceland ($396 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Portugal (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In November 2023, the average export price for styrene polymers; waste, parings and scraps amounted to $856 per ton, with an increase of 11% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 36% m-o-m. The export price peaked at $905 per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Italy ($1,079 per ton), while the average price for exports to the UK ($115 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Styrene Polymers; Waste, Parings and Scrap in the Netherlands

In 2022, purchases abroad of styrene polymers; waste, parings and scraps decreased by -59.3% to 9.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 158%.

In value terms, imports of styrene polymers; waste, parings and scraps fell dramatically to $8.4M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports attained the peak of $15M, and then contracted dramatically in the following year.

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

1. United Kingdom (6.4K tons)
2. Norway (1.2K tons)
3. Germany (0.9K tons)
4. Belgium (0.7K tons)
5. Ireland (0.2K tons)
6. Denmark (0.1K tons)

Exports of Styrene Polymers; Waste, Parings and Scrap in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in shipments abroad of styrene polymers; waste, parings and scraps, which increased by 2.6% to 10K tons in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of styrene polymers; waste, parings and scraps soared to $7.5M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 124%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Belgium (3338.7 tons)
2. Germany (3127.1 tons)
3. Slovakia (699.3 tons)
4. Turkey (527.1 tons)
5. France (431.5 tons)
6. Poland (423.7 tons)
7. Denmark (343.7 tons)
8. Italy (265.4 tons)
9. Sweden (221.5 tons)
10. Spain (209.0 tons)
11. United Kingdom (92.3 tons)
12. Vietnam (65.5 tons)

Source: IndexBox Market Intelligence Platform