Acrylonitrile Butadiene Styrene (ABS) Prices

Acrylonitrile Butadiene Styrene (ABS) Prices September 2024

The acrylonitrile butadiene styrene (ABS) prices in the United States for Q3 2024 reached 1,840 USD/MT in September. The country showcased price variations, which can be attributed to decreased production rates, higher export prices, and interferences from Hurricane Francine. Moreover, the price of ABS Natural Grade in the country reflected the market's resilience amid external pressures.            

The price trend for ABS in Japan for Q3 2024 was 1,400 USD/MT in September. The country experienced the most noticeable price movements, with a significant increase from the previous quarter and a decrease within the quarter. By late September 2024, the price for ABS Injection Moulding reflected negative pricing trend.                          

In Germany, ABS prices for Q3 2024 reached 2,160 USD/MT in September. The market indicated the most notable price changes, aligning with regional trends. Prices in the quarter significantly increased as compared to the previous quarter. By the end of September 2024, the market showcased a gradual upward pricing movement.             

In Q3 2024, Brazil’s acrylonitrile butadiene styrene (ABS) prices accounted 1,765 USD/MT in September. The country observed the most significant price shifts, showing a consistent negative trend. Furthermore, prices between the first and second half of the quarter declined, although there was a significant price increase from the previous quarter.

Acrylonitrile Butadiene Styrene (ABS) Prices June 2024

During the Q2 of 2024, the acrylonitrile butadiene styrene (ABS) prices in the United States reached 1893 USD/MT in June. A stable balance between supply and demand contributed to steady pricing, with the automotive and home appliance sectors providing constant demand. The stable Styrene feedstock prices also played a role in minimizing price fluctuations.

Japan's ABS industry saw notable price hike during Q2 2024, reaching 1483 USD/MT. This is driven by rising production costs and stable product consumption in the automotive sector. Supply constraints, owing to higher feedstock prices and logistical challenges also contributed to the upward price trend. Summer purchasing process further boosted prices during the period.

In Germany, the ABS industry experienced moderate price increases in Q2 2024, reaching 2129 USD/MT, due to supply constraints and rising production costs. Product consumption in the home appliance industry, along with seasonal factors, supported the upward pricing momentum. Supply chain disruptions contributed to the gradual upward trend in prices throughout the quarter.

The price of acrylonitrile butadiene styrene (ABS) prices in Brazil reached 1786 USD/MT in June 2024 mainly due to supply shortages and rising import costs. The country faced disruptions in production, particularly in regions like Rio Grande do Sul, which were affected by flooding. Despite these challenges, the market remained stable, driven by consistent demand and a positive industry outlook.

Acrylonitrile Butadiene Styrene (ABS) Prices March 2024

During Q1 of 2024, the acrylonitrile butadiene styrene (ABS) prices in the United States reached 1787 USD/MT in March. Weather-related disruptions impacted terminal activities, causing shortages. Growing product consumption in the household appliance industry and margin recovery efforts by producers further impacted the upward shift in prices.

Japan’s ABS market saw significant price hikes in early 2024, reaching 1383 USD/MT due to reduced product availability and factory shutdowns. Increased input costs, coupled with maintenance-related issues, tightened the demand-supply balance, sustaining a bullish market outlook with further price hike in the short term.

Acrylonitrile Butadiene Styrene (ABS) Prices December 2023

The acrylonitrile butadiene styrene prices in Japan for Q4 2023, reached 1261 USD/MT in December. The market in the country saw a decline, which can be attributed to weak demand and increased stock levels. Market activities were subdued, with minimal interest from buyers and a focus on reducing inventories. This environment, combined with reduced output from key chemical plants, pressured prices downward.

The price trend for acrylonitrile butadiene styrene in Germany for Q4 2023, reached 1614 USD/MT in December. The market saw a downward shift in the last quarter of 2023 attributed to sluggish demand in the automotive sector and substantial inventory levels. Producers faced reduced profit margins, leading to price adjustments and temporary margin reductions. Widespread destocking further influenced market dynamics, resulting in a noticeable decrease in ABS prices during this period.

Regional Coverage

The report provides a detailed analysis of the acrylonitrile butadiene styrene (ABS) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the acrylonitrile butadiene styrene (ABS) price trend.

Global Acrylonitrile Butadiene Styrene (ABS) Price

The report offers a holistic view of the global acrylonitrile butadiene styrene (ABS) pricing trends in the form of acrylonitrile butadiene styrene (ABS) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into acrylonitrile butadiene styrene (ABS) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into acrylonitrile butadiene styrene (ABS) price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed acrylonitrile butadiene styrene (ABS) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Acrylonitrile Butadiene Styrene (ABS) Price

Q3 2024:

The European ABS market maintained a stable pricing trend in Q3 2024, driven by numerous factors. Early in the quarter, increased raw material and energy costs led buyers to push for price concessions. In addition, volatility in upstream crude oil prices and higher container shipping expenses from the Asia Pacific region contributed to market uncertainty. Apart from this, seasonal demand shifts and broader economic concerns kept participants vigilant regarding potential price hikes. Germany saw notable price changes, aligning with regional trends.

Q2 2024:

The European acrylonitrile butadiene styrene (ABS) industry saw moderate price increases in Q2 2024, driven by supply chain disruptions and rising production costs. Strategic manufacturing cuts and rising styrene raw material prices played a major role in limiting supply, pushing prices upwards. Germany, in particular, saw notable price adjustments, with moderate rises throughout Q2. Seasonal product consumption in the home appliance industry also supported the upward price momentum. Despite volatility in supply, the region's pricing environment remained relatively stable, with consistent demand helping to balance the market.

Q1 2024:

In Europe, the ABS industry faced significant supply chain problems during Q1 2024, including logistical challenges and rising production expenses. The market in Germany saw low product availability and moderate demand, leading to stable price hikes fueled by rising raw material costs. Global tensions added pressure to oil markets, impacting ABS prices. While the local market began steadily, concerns over crude oil prices and constrained inventories kept the outlook upward, with market participants bracing for further increases in the coming months.

Q4 2023:

The European market for acrylonitrile butadiene styrene exhibited a downward trend in the last quarter of 2023, influenced by several factors. A slowdown in the automotive sector, coupled with high inventory levels, leading to reduced costs in Germany and the UK. Sellers, facing restricted profit margins attributed to abundant supply, opted to cut prices temporarily amid uncertain market situations. Additionally, widespread destocking among industry players affected price momentum, with Germany experiencing the most significant price fluctuations. The bearish market sentiment, combined with moderate to high supply levels, led to further reductions in prices, reflecting a challenging environment for producers.

This analysis can be extended to include detailed acrylonitrile butadiene styrene (ABS) price information for a comprehensive list of countries.

North America Acrylonitrile Butadiene Styrene (ABS) Price

Q3 2024:

During Q3 2024, the ABS market in the North American region maintained price stability due to the balance between supply and demand. Factors contributing to this steadiness are consistent production levels, along with stable feedstock costs. In line with this, the United States observed notable price fluctuations on account of lower production rates, increased export prices, and disruptions from Hurricane Francine. Despite these influences, the overall market showed no significant price changes when compared to the previous quarter or within the quarter itself.        

Q2 2024:

During Q2 2024, the North American ABS industry maintained steady pricing, especially in the second half. A well-balanced supply and demand played a key role in stabilizing prices. The household equipment and automotive sectors, significant contributors to the market, witnessed average demand, supporting equilibrium. Seasonal factors led to limited purchasing by end use players, aiming to buffer against disruptions. Stable raw material prices further ensured minimal fluctuations. Prices were relatively stable in the USA, with only slight fluctuations throughout the quarter, reflecting an overall balanced market.

Q1 2024:

The North American ABS industry sustained growth through Q1 of 2024, showing stability in end use demand with no major factory shutdowns. However, market volatility was observed in the USA due to adverse weather, such as wind and fog, which impacted terminal activities and created supply chain disruptions. Price increases were driven by escalating raw material costs and producers' attempts to recover margins. The home appliance industry saw heightened demand, further boosting prices. Limited supply and increased production costs suggest the upward market trend will persist into the following months.

Q4 2023:

The North American acrylonitrile butadiene styrene market faced significant challenges in the last quarter of 2023 because of high supply levels and weak demand, especially in the automotive sector. The automotive industry saw a decline in new lightweight vehicle sales, which led to a rise in vehicle inventories and a reduced need for acrylonitrile butadiene styrene materials. As catalogue levels in the automotive market expanded, the downstream need for acrylonitrile butadiene styrene weakened, creating a surplus that exacerbated the market's bearish conditions. Additionally, the downturn in production operations and lower local demand further influenced ABS cost trends throughout the quarter.

Specific acrylonitrile butadiene styrene (ABS) historical data within the United States and Canada can also be provided.

Middle East and Africa Acrylonitrile Butadiene Styrene (ABS) Price

The report explores the acrylonitrile butadiene styrene (ABS) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on acrylonitrile butadiene styrene (ABS) prices for countries can also be provided.

Asia Pacific Acrylonitrile Butadiene Styrene (ABS) Price

Q3 2024:

In Q3 2024, the ABS market in the Asia Pacific saw a slight drop in prices, driven by low demand from major industries like home appliances and automotive, sufficient market supply, and subdued trading activity. Export demand remained low, with domestic markets seeing only need-based demand and limited production activity as downstream factories operated at minimal capacities. In addition, competition led various traders to decrease their prices, but overall momentum stayed weak. Supply disruptions, particularly because of heavy rainfall, temporarily tightened availability. 

Q2 2024:

In the second quarter of 2024, the APAC ABS industry saw a notable rise in prices, due to rising production costs and logistical constraints. Increasing crude oil and raw material prices contributed significantly to cost pressures, while supply chain challenges further restricted availability. The home appliance and automotive industries saw strong demand, pushing prices higher. Japan observed some of the most significant price changes due to stable demand and supply challenges. Seasonal factors, including higher summer demand, also influenced the price increases, leading to a bullish trend.

Q1 2024:

In Q1 2024, the ABS market in the Asia Pacific region saw a restricted demand-supply balance, leading to increasing prices. Factors such as low product availability, factory maintenance, and higher production expenses played a critical role. Japan, specifically, witnessed price surges due to supply shortages and increased production costs, further fueled by maintenance shutdowns like PetroChina’s 21-day plant turnaround. The rising feedstock costs also exacerbated price hikes across the region.

Q4 2023:

During the fourth quarter of 2023, the market in the Asia Pacific region experienced a decline on account of the ample supply and subdued demand. It also witnessed fewer inquiries as market participants focused on reducing stocks towards the year-end. Prices dropped notably in Japan, influenced by low transactions in the market and abundant stocks. The reduction in the use of acrylonitrile butadiene styrene in the automotive sector and production rates from key plants like Taita Chemical and Formosa Chemicals further impacted market conditions. The fluctuation in crude oil prices and falling styrene feedstock costs added to the pressure, prompting aggressive pricing for Chinese acrylonitrile butadiene styrene in Southeast Asia.

This acrylonitrile butadiene styrene (ABS) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Acrylonitrile Butadiene Styrene (ABS) Price

Q3 2024:

In Q3 2024, the ABS market in Latin America faced a notable decline in prices on account of several factors. An ongoing oversupply of ABS increased competition and pressured prices. Weak demand from key downstream sectors like home appliances and automotive further challenged ABS producers. In addition, trade tensions and global economic uncertainties influenced market conditions, adding to price volatility. Apart from this, Brazil experienced various price shifts, thereby showing a negative market dynamic. Although, there was a significant increase in price from the previous quarter.   

Q2 2024:

During the second quarter of 2024, the Latin American market saw a strong upward price trajectory, driven by limited supply and steady demand. Decreased manufacturing prices in major exporting countries led to greater import expenses, while rising freight costs and low inventory levels further tightened supply. Brazil, in particular, saw pronounced price changes, highlighting the link between constrained availability and rising prices. Seasonal weather events, including severe flooding in Rio Grande do Sul, disrupted automotive production, adding additional strain on the supply chain. However, daily sales and employment levels in the automotive sector remained stable, reflecting resilience. By quarter's end, prices were notably higher, with the positive sentiment underscoring the region's stable yet limited supply and steady demand.

This comprehensive review can be extended to include specific countries within the region.

Acrylonitrile Butadiene Styrene (ABS) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Acrylonitrile butadiene styrene (ABS) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of acrylonitrile butadiene styrene (ABS) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of acrylonitrile butadiene styrene (ABS) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acrylonitrile butadiene styrene (ABS) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing acrylonitrile butadiene styrene (ABS) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Acrylonitrile Butadiene Styrene (ABS) Market Analysis

The global acrylonitrile butadiene styrene (ABS) industry size reached US$ 30.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 50.5 Billion, at a projected CAGR of 5.90% during 2023-2032​.

• The rising demand for acrylonitrile butadiene styrene due to the burgeoning automotive sector is impelling the market growth. Acrylonitrile butadiene styrene is commonly employed for automotive parts, such as dashboard components, seat backs, seat belt components, handles, door loners, pillar trim, and instrument panels. It is used as a replacement for metal in vehicles due to its durable and lightweight properties. The increasing adoption of vehicles due to changing lifestyles of individuals is supporting the market growth. As per the Association of European Automobile Manufacturers (ACEA), 85.4 million motor vehicles were produced across the globe in 2022, indicating an increase of 5.7% as compared to 2021.
• The acrylonitrile butadiene styrene demand is further propelled by its employment in the electronics industry. Acrylonitrile butadiene styrene is used to manufacture enclosures for various electronic components, such as power supplies, circuit boards, and control panels. It is also beneficial for manufacturing casings and housings for electronic devices, such as gaming consoles, computer peripherals, televisions, and household appliances. It has high electrical resistivity and low thermal coefficient value, making it an essential low-cost electronic substrate material. The rising demand for electronic devices is catalyzing the demand for acrylonitrile butadiene styrene. For instance, the production of electronic goods in India was US$ 80 Billion in 2021-2022 as reported by the Press Information Bureau (PIB).
• The escalating demand for acrylonitrile butadiene styrene-based pipes and fittings, as they are easier to install and do not rot, rust, or corrode, is offering a positive market outlook. These pipes also withstand earth loads and shipping and are resistant to mechanical damage, even at lower temperatures.
• Apart from this, the acrylonitrile butadiene styrene is becoming popular in three-dimensional (3D) printing, a process that creates 3D objects by layering materials on top of each other. Acrylonitrile butadiene styrene is a common material for 3D printing on account of its strong and durable properties.

Acrylonitrile Butadiene Styrene (ABS) News

The report covers the latest developments, updates, and trends impacting the global acrylonitrile butadiene styrene (ABS) industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in acrylonitrile butadiene styrene (ABS) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acrylonitrile butadiene styrene (ABS) price trend.

Latest developments in the acrylonitrile butadiene styrene (ABS) industry:

• In August 2024, LG Chem announced that its PFAS-free flame-retardant PC/ABS material, manufactured using recycled plastics, received the V-0 rating in the standard flame-retardant test for UL certification in the USA.
• In July 2024, INEOS Styrolution announced that POGS, a leading innovator in audio solutions, has selected the company’s sustainable ABS for its new range of headphones for children. The ECO version contains 30%, 50%, and 70% of post-consumer mechanical recycled ABS.

Product Description

Acrylonitrile butadiene styrene is an impact-resistant engineering thermoplastic. It can be easily injection-molded, blow-molded, or extruded in a variety of shapes and sizes. It can withstand higher temperatures without deforming or melting. It has a higher melting point as compared to polyvinyl chloride (PVC). It is also resistant to chemical and ultraviolet (UV) light degradation.

Acrylonitrile butadiene styrene provides enhanced dimensional stability and has a low melting point. It assists in offering high rigidity and resistance to impact, abrasion, and strain.

Apart from this, acrylonitrile butadiene styrene is widely used to manufacture numerous medical devices, such as syringes, inhalers, laboratory equipment, and drug delivery devices. Its biocompatibility, sterilizability, and ease of processing, makes it a preferred choice for medical applications.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of acrylonitrile butadiene styrene (ABS) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting acrylonitrile butadiene styrene (ABS) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The acrylonitrile butadiene styrene (ABS) price charts ensure our clients remain at the forefront of the industry.