Key Market Indicators
Mexican imports of styrene are projected to reach around 863 million kilograms by 2026, a 1.7% increase year on year. Since 1995, Mexican demand has grown by 3.6% annually. In 2021, India came in first place with 767 million kilograms, followed by South Korea, India, and Mexico. Mexico exported 1.2 million kilograms of styrene in 2021, compared to 1.3 million kilograms the year before, representing an 8.6% decline. Since 1998, Mexican supply has increased 51.3% each year. The United Arab Emirates came in first place in 2021 with 1.2 million kilograms, followed by the Netherlands, Saudi Arabia, and South Korea.