Price for Styrene Polymers; Waste, Parings and Scrap in Colombia - 2022
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in Colombia (CIF) - 2022
- Price for Styrene Polymers; Waste, Parings and Scrap in Colombia (FOB) - 2022
- Imports of Styrene Polymers; Waste, Parings and Scrap in Colombia
- Exports of Styrene Polymers; Waste, Parings and Scrap in Colombia
Price for Styrene Polymers; Waste, Parings and Scrap in Colombia (CIF) - 2022
The average import price for styrene polymers; waste, parings and scraps stood at $1,095 per ton in 2022, growing by 3.3% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for styrene polymers; waste, parings and scraps decreased by -14.5% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 75% against the previous year. The import price peaked at $1,281 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Ecuador ($1,509 per ton), while the price for the United States ($468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Styrene Polymers; Waste, Parings and Scrap in Colombia (FOB) - 2022
The average export price for styrene polymers; waste, parings and scraps stood at $887 per ton in 2022, with an increase of 32% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,253 per ton), while the average price for exports to the United States ($111 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 Hong Kong SAR (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Styrene Polymers; Waste, Parings and Scrap in Colombia
In 2022, imports of styrene polymers; waste, parings and scraps into Colombia reduced sharply to 379 tons, dropping by -34.9% compared with 2021. Over the period under review, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 2,729%.
In value terms, imports of styrene polymers; waste, parings and scraps dropped dramatically to $415K in 2022. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2,242%.
| Import of Styrene Polymers; Waste, Parings and Scrap in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 41.0 | 3.9 | 271 | 339 | 102.2% |
| United States | 520 | 21.3 | 323 | 55.9 | -52.5% |
| Ecuador | 30.8 | 1.1 | 22.6 | 19.9 | -13.5% |
| Chile | 30.8 | N/A | N/A | N/A | 0% |
| Others | 5.6 | 0.2 | 0.5 | 0.4 | -58.5% |
| Total | 628 | 26.4 | 618 | 415 | -12.9% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to Colombia in 2022:
- Mexico (244.6 tons)
- United States (119.5 tons)
- Ecuador (13.2 tons)
Exports of Styrene Polymers; Waste, Parings and Scrap in Colombia
For the third year in a row, Colombia recorded decline in overseas shipments of styrene polymers; waste, parings and scraps, which decreased by -81.2% to 28 tons in 2022. In general, exports faced a dramatic contraction. The smallest decline of -19.6% was in 2021.
In value terms, exports of styrene polymers; waste, parings and scraps shrank markedly to $25K in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -7.6% was in 2021.
| Export of Styrene Polymers; Waste, Parings and Scrap in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 39.0 | 18.6 | 19.0 | 9.3 | -38.0% |
| China | 22.2 | 19.9 | 18.2 | 7.9 | -29.1% |
| Spain | 91.9 | 17.4 | 64.3 | 7.9 | -55.9% |
| United States | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Venezuela | N/A | 53.9 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 153 | 110 | 102 | 25.2 | -45.2% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from Colombia in 2022:
- China (13.0 tons)
- Hong Kong SAR (7.4 tons)
- Spain (7.4 tons)
- United States (0.6 tons)
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