China stands as the largest importer of styrene globally, with an import value of 4.0588 billion USD as of 2024. India's imports have seen a significant year-on-year increase of 2.54%, while Belgium also exhibits positive growth. Notably, the United States and several European countries like Germany and Spain have experienced declines in their styrene imports. Countries such as Austria, Malaysia, and Egypt show strong upward trends. While the UK's imports have drastically fallen, Russia has experienced a remarkable increase of 17.25%.
Future trends to watch include the growing demand from emerging markets like India and the United Arab Emirates. The positive growth rates in countries like Lebanon and Nicaragua suggest their increasing reliance on styrene imports. Conversely, the significant decline in imports from countries such as New Zealand and Zimbabwe might indicate a shift in trade dynamics or local production changes. Tracking these variations could provide insights into global market shifts in the coming years.
Top countries in Import of Styrene by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 4,058,800,000 | 2023 | +0.32% | +0.48% | View data |
| 2 | 2 India | 1,308,700,000 | 2023 | +3.33% | +2.54% | View data |
| 3 | 3 Mexico | 980,300,000 | 2023 | +2.69% | +1.93% | View data |
| 4 | 4 Belgium | 936,110,000 | 2023 | +1.13% | +0.7% | View data |
| 5 | 5 United States | 730,730,000 | 2023 | +0.85% | -0.12% | View data |
| 6 | 6 Germany | 503,680,000 | 2023 | +0.11% | -0.5% | View data |
| 7 | 7 France | 501,690,000 | 2023 | +1.7% | +0.97% | View data |
| 8 | 8 South Korea | 439,290,000 | 2023 | -5.86% | +1.13% | View data |
| 9 | 9 Austria | 325,470,000 | 2023 | +2.88% | +2.75% | View data |
| 10 | 10 Malaysia | 263,670,000 | 2023 | +2.13% | +2.31% | View data |
