In 2023, South Korea led the global export market of polymers of styrene except SAN or ABS by kilograms, with a 17.83% share and a growth of 1.98% year-on-year. Belgium and Germany followed, comprising 15.76% and 10.19% of the market share respectively. While several countries like Thailand and Brazil experienced significant increases at 4.49% and 4.0%, countries like the United Kingdom and Costa Rica showed noticeable declines of -8.61% and -28.08%. Countries like Chile displayed significant growth surges with a remarkable 43.81% increase from the previous year, indicating dynamic shifts in global market shares.
Future trends to watch include the continued expansion of Asian markets such as South Korea and Thailand, due to their significant year-on-year growth rates. Emerging markets in South America, evidenced by Chile's robust growth, may continue to rise, contributing to the evolving global landscape for polymer exports. Monitoring technological advancements and eco-friendly innovations will be crucial for maintaining long-term market competitiveness.
Top countries in Export of Polymers of Styrene Except SAN or ABS Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 17.83 | 2023 | +1.85% | +1.98% | View data |
| 2 | 2 Belgium | 15.76 | 2023 | +0.11% | +0.12% | View data |
| 3 | 3 Germany | 10.19 | 2023 | +0.37% | +0.36% | View data |
| 4 | 4 United States | 10.13 | 2023 | +0.61% | +0.94% | View data |
| 5 | 5 Thailand | 7.08 | 2023 | +4.84% | +4.49% | View data |
| 6 | 6 Japan | 5.25 | 2023 | +1.44% | +1.03% | View data |
| 7 | 7 Netherlands | 5.19 | 2023 | -3.29% | -1.42% | View data |
| 8 | 8 Singapore | 5.11 | 2023 | +2.85% | +4.43% | View data |
| 9 | 9 Mexico | 4 | 2023 | +2.09% | +2.4% | View data |
| 10 | 10 France | 3.88 | 2023 | +0.17% | +1% | View data |
