Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China - 2023

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (FOB) - 2023
  2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (CIF) - 2023
  3. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China
  4. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (FOB) - 2023

In December 2023, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $3,029 per ton, increasing by 2.3% against the previous month. In general, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 3.8% against the previous month. As a result, the export price reached the peak level of $4,077 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the highest price was recorded for prices to Argentina ($3,635 per ton) and India ($3,445 per ton), while the average price for exports to Turkey ($2,574 per ton) and Thailand ($2,630 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+0.7%), while the prices for the other major destinations experienced a decline.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (CIF) - 2023

In December 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $9,158 per ton, declining by -19.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 24% month-to-month. As a result, import price attained the peak level of $13,780 per ton. From October 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($19,727 per ton), while the price for South Korea ($5,797 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China

For the fourth consecutive year, China recorded growth in shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which increased by 45% to 127K tons in 2022. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $578M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India33.233.840.389.939.4%
Russia22.423.246.567.644.5%
Brazil15.122.916.939.938.3%
Turkey8.813.820.825.843.1%
Thailand19.416.321.724.27.6%
Vietnam7.16.98.219.540.0%
Egypt7.29.011.317.133.4%
Saudi Arabia2.14.111.616.9100.4%
United Arab Emirates6.05.17.214.634.5%
Mexico4.67.610.613.442.8%
Indonesia6.88.09.513.024.1%
Malaysia5.65.36.711.627.5%
Pakistan8.59.49.111.410.3%
Others80.196.813621438.8%
Total22726235757836.6%

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from China in 2022:

  1. India (18.0K tons)
  2. Russia (16.3K tons)
  3. Brazil (9.2K tons)
  4. Turkey (7.0K tons)
  5. Thailand (5.9K tons)
  6. Egypt (3.8K tons)
  7. Saudi Arabia (3.4K tons)
  8. Vietnam (3.3K tons)
  9. Mexico (3.2K tons)
  10. Indonesia (3.0K tons)
  11. Pakistan (3.0K tons)
  12. United Arab Emirates (2.7K tons)
  13. Malaysia (2.6K tons)

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China

After three years of growth, supplies from abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -15.4% to 15K tons in 2022. Overall, imports showed a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 7.8%. As a result, imports attained the peak of 18K tons, and then shrank rapidly in the following year.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses totaled $150M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 8.6%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States46.049.548.955.46.4%
South Korea24.331.932.331.18.6%
Germany30.724.430.627.9-3.1%
Japan12.416.024.723.824.3%
Belgium10.710.38.27.2-12.4%
Netherlands3.23.93.74.310.4%
Others1.71.71.00.7-25.6%
Total1291381491505.2%

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to China in 2022:

  1. Germany (4.7K tons)
  2. South Korea (4.1K tons)
  3. United States (3.4K tons)
  4. Japan (1.7K tons)
  5. Belgium (0.9K tons)
  6. Netherlands (0.4K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cellulose ethers; (other than carboxymethylcellulose and its salts), in primary forms - China