In 2023, South Korea led global exports of Styrene-Acrylonitrile (SAN) Copolymers with a significant margin, followed by Thailand and the Netherlands. Japan and the United States showed negative year-on-year variations, whereas Thailand, Malaysia, Saudi Arabia, and China recorded positive growth. Notably, India and Australia experienced double-digit increases in their export volumes, while Mexico and Egypt saw drastic declines. Overall, the last five years have seen varying trends, with countries like Estonia, Sweden, and Russia showing consistent growth, whereas countries like Bosnia and Herzegovina and Egypt struggled with sharp declines.
Looking forward, market analysts should focus on the increasing demand for SAN Copolymers in developing markets and emerging applications in Asia. The potential rise in manufacturing capacities and technological innovations could drive further export expansion. Monitoring geopolitical tensions and environmental regulations will also be crucial in understanding global market dynamics.
Top countries in Export of Styrene-Acrylonitrile (SAN) Copolymers by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 170,650,000 | 2023 | +2.25% | +1.62% | View data |
| 2 | 2 Thailand | 80,499,000 | 2023 | +3.51% | +3.84% | View data |
| 3 | 3 Netherlands | 44,164,000 | 2023 | +1.62% | +2.55% | View data |
| 4 | 4 Japan | 28,253,000 | 2023 | -3.37% | -5.38% | View data |
| 5 | 5 United States | 23,068,000 | 2023 | -0.45% | -0.71% | View data |
| 6 | 6 Malaysia | 22,934,000 | 2023 | +4.37% | +4.04% | View data |
| 7 | 7 Saudi Arabia | 21,236,000 | 2023 | +2.61% | +4.19% | View data |
| 8 | 8 China | 13,136,000 | 2023 | +3.04% | +2.96% | View data |
| 9 | 9 Spain | 9,969,600 | 2023 | +1.47% | -0.85% | View data |
| 10 | 10 Belgium | 9,164,400 | 2023 | -0.39% | -1.46% | View data |
