Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in India - 2023

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in India (CIF) - 2022
  2. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in India (FOB) - 2022
  3. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in India
  4. Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in India

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in India (CIF) - 2022

The average import price for cellulose acetates; non-plasticised, in primary formses stood at $4,749 per ton in 2022, growing by 16% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 20% against the previous year. The import price peaked at $7,234 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the United States ($8,301 per ton), while the price for Germany ($2,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in India (FOB) - 2022

In 2022, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $4,443 per ton, dropping by -28.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 72%. As a result, the export price reached the peak level of $11,735 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($17,885 per ton), while the average price for exports to Nigeria ($1,975 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 Canada (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in India

In 2022, approx. 2K tons of cellulose acetates; non-plasticised, in primary formses were imported into India; with a decrease of -2.6% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 49%. As a result, imports reached the peak of 2.1K tons, and then declined in the following year.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses expanded significantly to $9.7M in 2022. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 20%.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.14.34.94.6-17.2%
Germany1.11.01.42.022.1%
China0.80.50.31.626.0%
Japan1.00.71.31.411.9%
Brazil0.60.30.4N/A-18.4%
Canada0.1N/AN/AN/A0%
Others0.10.20.3N/A73.2%
Total11.87.18.69.7-6.3%

Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to India in 2022:

  1. Germany (781.3 tons)
  2. United States (559.5 tons)
  3. China (344.0 tons)
  4. Japan (325.5 tons)
  5. Canada (22.0 tons)

Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in India

For the fourth year in a row, India recorded growth in overseas shipments of cellulose acetates; non-plasticised, in primary formses, which increased by 63% to 584 tons in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses soared to $2.6M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +27.4% 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 +106.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh35.1257147386122.4%
China20040372133018.2%
Thailand1.01.534.9326588.2%
Australia24.10.129.2291129.4%
Egypt50.225.220017952.8%
Vietnam0.77.631.391.0406.6%
Canada2.7N/A17287.0218.2%
RomaniaN/AN/AN/A50.10%
Czech RepublicN/A0.756.344.0692.8%
JordanN/AN/A50.042.4-15.2%
IndonesiaN/AN/A9.340.7337.6%
CroatiaN/AN/AN/A39.80%
Nigeria40.02.429.928.5-10.7%
Others9031,380744661-9.9%
Total1,2562,0772,2252,59627.4%

Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from India in 2022:

  1. Bangladesh (121.4 tons)
  2. Australia (120.0 tons)
  3. Egypt (69.4 tons)
  4. Vietnam (38.2 tons)
  5. China (24.7 tons)
  6. Romania (20.0 tons)
  7. Thailand (18.2 tons)
  8. Czech Republic (17.5 tons)
  9. Jordan (16.0 tons)
  10. Croatia (16.0 tons)
  11. Nigeria (14.4 tons)
  12. Indonesia (14.0 tons)
  13. Canada (12.1 tons)

Source: IndexBox Market Intelligence Platform

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