Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia - 2024

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (CIF) - 2024
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (FOB) - 2022
  3. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia
  4. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (CIF) - 2024

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $1,831 per ton in January 2024, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 58% against the previous month. Over the period under review, average import prices attained the maximum at $3,238 per ton in April 2023; however, from May 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($5,650 per ton), while the price for Turkey ($1,712 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $7,515 per ton in 2022, picking up by 57% against the previous year. In general, the export price saw resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($29,825 per ton), while the average price for exports to Croatia ($2,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+110.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia

After three years of growth, overseas purchases of cellulose ethers; carboxymethylcellulose and its salts, in primary formses decreased by -7.2% to 1.8K tons in 2022. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.8%. As a result, imports attained the peak of 1.9K tons, and then fell in the following year.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $4M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,5011,6631,8542,22914.1%
China99.319921134251.0%
Netherlands42.012.1N/A20970.7%
Austria44.314010620967.7%
Finland12312717396.8-7.7%
Italy49071.244.569.7-47.8%
Germany64.013618858.9-2.7%
Others1,070773549789-9.7%
Total3,4343,1213,1254,0055.3%

Top Suppliers of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms to Serbia in 2022:

  1. Turkey (1436.2 tons)
  2. China (83.6 tons)
  3. Austria (81.0 tons)
  4. Netherlands (64.5 tons)
  5. Germany (31.8 tons)
  6. Finland (30.1 tons)
  7. Italy (17.7 tons)

Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia

In 2022, approx. 35 tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were exported from Serbia; increasing by 15% compared with the year before. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $265K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro57.964.032.810823.1%
Bosnia and Herzegovina25.918.340.877.844.3%
Romania15.29.952.555.954.4%
GreeceN/AN/A4.513.3195.6%
Croatia7.94.212.55.7-10.3%
GermanyN/A11.1N/AN/A0%
Slovenia3.02.20.9N/A-45.2%
Others9.56.43.34.2-23.8%
Total11911614726530.6%

Top Export Markets for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms from Serbia in 2022:

  1. Bosnia and Herzegovina (17.1 tons)
  2. Romania (8.4 tons)
  3. Montenegro (3.6 tons)
  4. Greece (2.9 tons)
  5. Croatia (2.6 tons)

Source: IndexBox Market Intelligence Platform

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