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

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Italy (CIF) - 2023
  2. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Italy

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Italy (CIF) - 2023

In November 2023, the average import price for cellulose acetates; non-plasticised, in primary formses amounted to $5,117 per ton, which is down by -4.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $5,344 per ton, and then fell slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($5,740 per ton), while the price for the United States stood at $4,593 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of cellulose acetates; non-plasticised, in primary formses into Italy skyrocketed to 5.9K tons in 2022, picking up by 25% compared with 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +78.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses skyrocketed to $26M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.110.115.117.39.7%
China4.94.15.57.213.7%
Japan1.10.30.51.0-3.1%
Others0.5N/A0.10.2-26.3%
Total19.614.621.325.79.5%

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

  1. United States (4.1K tons)
  2. China (1.6K tons)
  3. Japan (0.3K tons)

Source: IndexBox Market Intelligence Platform

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