| Product Code: ETC5322822 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, El Salvador`s styrene import market continued to be dominated by top exporters such as China, Colombia, Mexico, Costa Rica, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. However, the compound annual growth rate (CAGR) from 2020 to 2024 was notably negative at -34.89%, with a steep decline in growth rate from 2023 to 2024 at -79.49%. These figures suggest a challenging landscape for styrene imports in El Salvador, potentially influenced by various market factors impacting the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 El Salvador Styrene Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Styrene Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Styrene Market - Industry Life Cycle |
3.4 El Salvador Styrene Market - Porter's Five Forces |
3.5 El Salvador Styrene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Styrene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 El Salvador Styrene Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 El Salvador Styrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for styrene-based products in various industries such as packaging, automotive, and construction. |
4.2.2 Increasing investments in infrastructure development projects in El Salvador. |
4.2.3 Technological advancements leading to the development of innovative styrene-based products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in styrene production. |
4.3.2 Environmental regulations and sustainability concerns impacting styrene production processes. |
4.3.3 Competition from alternative materials affecting the demand for styrene products. |
5 El Salvador Styrene Market Trends |
6 El Salvador Styrene Market Segmentations |
6.1 El Salvador Styrene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Styrene Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.3 El Salvador Styrene Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F |
6.1.4 El Salvador Styrene Market Revenues & Volume, By Others, 2021-2031F |
6.2 El Salvador Styrene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Styrene Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 El Salvador Styrene Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 El Salvador Styrene Market Revenues & Volume, By Packaging Consumer Goods, 2021-2031F |
6.2.5 El Salvador Styrene Market Revenues & Volume, By Others, 2021-2031F |
6.3 El Salvador Styrene Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Styrene Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 El Salvador Styrene Market Revenues & Volume, By Online, 2021-2031F |
7 El Salvador Styrene Market Import-Export Trade Statistics |
7.1 El Salvador Styrene Market Export to Major Countries |
7.2 El Salvador Styrene Market Imports from Major Countries |
8 El Salvador Styrene Market Key Performance Indicators |
8.1 Average selling price of styrene products in the El Salvador market. |
8.2 Number of new product launches or innovations in the styrene industry. |
8.3 Utilization rate of styrene production facilities in El Salvador. |
9 El Salvador Styrene Market - Opportunity Assessment |
9.1 El Salvador Styrene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Styrene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 El Salvador Styrene Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 El Salvador Styrene Market - Competitive Landscape |
10.1 El Salvador Styrene Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Styrene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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