In 2023, China dominated the global import of styrene, accounting for a significant share, followed by emerging markets like India and Mexico. The United States, Germany, and France also feature prominently in these rankings. Notably, countries like the Netherlands and Spain experienced a decline in their import shares, whereas the United Arab Emirates, Egypt, and Indonesia witnessed substantial increases. Over the past five years, growth has fluctuated, with notable gains in markets like Azerbaijan and Lebanon and marked declines in the United Kingdom and Sweden. Year-on-year changes have exhibited dynamic variations, reflecting shifts in market demand and economic conditions.
Looking forward, trends suggest a continued rise in styrene imports in developing economies, driven by increasing industrialization and infrastructure development. Meanwhile, volatility in key European markets might persist due to regulatory challenges and environmental concerns. Monitoring geopolitical developments and trade policies will remain crucial to anticipating shifts in styrene import patterns globally.
Top countries in Import of Styrene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 33.47 | 2023 | +0.32% | +0.48% | View data |
| 2 | 2 India | 10.79 | 2023 | +3.33% | +2.54% | View data |
| 3 | 3 Mexico | 8.08 | 2023 | +2.69% | +1.93% | View data |
| 4 | 4 Belgium | 7.72 | 2023 | +1.13% | +0.7% | View data |
| 5 | 5 United States | 6.03 | 2023 | +0.85% | -0.12% | View data |
| 6 | 6 Germany | 4.15 | 2023 | +0.11% | -0.5% | View data |
| 7 | 7 France | 4.14 | 2023 | +1.7% | +0.97% | View data |
| 8 | 8 South Korea | 3.62 | 2023 | -5.86% | +1.13% | View data |
| 9 | 9 Austria | 2.68 | 2023 | +2.88% | +2.75% | View data |
| 10 | 10 Malaysia | 2.17 | 2023 | +2.13% | +2.31% | View data |
