Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Bangladesh - 2022

Contents:

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

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

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $3,162 per ton in 2022, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 an increase of 30%. The import price peaked at $3,584 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($9,014 per ton), while the price for India ($1,751 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,012 per ton in 2022, increasing by 58% against the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the average export price increased by 139% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2019 to 2022, the rate of growth in terms of prices for Nepal amounted to +0.9% per year.

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

In 2022, the amount of cellulose ethers; carboxymethylcellulose and its salts, in primary formses imported into Bangladesh soared to 4.8K tons, jumping by 16% against the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $15M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.4% against 2019 indices. 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 Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.24.44.88.325.5%
India0.71.11.62.246.5%
Taiwan (Chinese)0.70.81.01.116.3%
Italy0.20.30.20.965.1%
Finland1.50.81.20.7-22.4%
Singapore0.20.30.80.426.0%
FranceN/AN/A0.20.4100.0%
Others0.90.91.41.03.6%
Total8.48.611.115.021.3%

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

  1. China (2729.5 tons)
  2. India (1266.7 tons)
  3. Italy (171.9 tons)
  4. Finland (142.9 tons)
  5. Taiwan (Chinese) (118.5 tons)
  6. France (79.7 tons)
  7. Singapore (68.2 tons)

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

Exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses from Bangladesh shrank to 4.8 tons in 2022, reducing by -10.9% compared with 2021 figures. Over the period under review, exports faced a precipitous contraction.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $19K in 2022. Overall, exports, however, showed a relatively flat trend pattern. 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 Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NepalN/A7.913.619.255.9%
Myanmar18.89.0N/AN/A-52.1%
OthersN/AN/AN/AN/A0%
Total18.816.913.619.20.7%

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

  1. Nepal (4.8 tons)

Source: IndexBox Market Intelligence Platform

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