Key Market Indicators
Malaysia's styrene imports are expected to reach roughly 190 million kilograms by 2026, up 1.2 percent from 2021. Since 2002, the country's demand has dropped by 0.2 percent year-on-year. In 2021, Malaysia was the world's 11th-largest importer, behind Austria's 174.2 million kilograms. South Korea, India and Mexico were the second, third and fourth-largest importers, respectively. Malaysian styrene exports are projected to reach 75.2 million kilograms by 2026, a 1.4 percent increase from 2021. Since 2002, Malaysia's supply has grown 5.8 percent year-on-year. In 2021, the country was the 15th-largest exporter, behind Italy's 68.1 million kilograms. The Netherlands, Saudi Arabia and South Korea were the second, third and fourth-largest exporters, respectively.
