Key Market Indicators
India is expected to see a decline in Polystyrene imports and exports over the next five years. The import of Polystyrene into India is forecast to drop by 28.8% year on year, from 1.2 million kilograms in 2021 to 192,430 kilograms in 2026. This decline follows a 20% decrease since 1993. Meanwhile, India's Polystyrene exports are projected to fall by a marginal 0.3% year on year from 3.1 million kilograms in 2021 to 3.1 million kilograms in 2026. This slight decline follows a 5.1% reduction since 1997. In 2021, India was the 25th largest exporter of the material, with Spain in the lead at 3.1 million kilograms. Other top exporters included China, the Netherlands, and France.
