EU November 2013 SAN imports rise 44% year on year – Eurostat

21 January 2014 14:54  [Source: ICIS news]

LONDON (ICIS)--Imports of styrene acrylonitrile (SAN) into the EU in November 2013 increased 44% year on year according to data from statistics agency Eurostat, released on Tuesday.

November 2013 saw 2,605 tonnes of SAN enter the EU, compared with 1,810 tonnes in November 2012.

South Korean suppliers in particular were active in the European market during the forth quarter of 2013, able to offer competitive prices because of the 0% import duty payable on SAN as part of the South Korean–EU Free Trade Agreement signed in 2011.

Exports of SAN out of the EU dropped 18% in November compared to the same month in 2012.

EU SAN imports and exports November 2012 vs. November 2013 (Eurostat, tonnes)      

 

November 2012

November 2013

% change year on year

Imports

1,810

2,605

44

Exports

1,088

890

-18

Eurostat import/export data is subject to revision as more detailed information becomes available.


By: Matt Tudball
+44 208 652 3214



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