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

Contents:

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

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

In 2022, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $20,132 per ton, surging by 328% against the previous year. Overall, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 441%. As a result, the export price attained the peak level of $38,995 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($22,517 per ton), while the average price for exports to Indonesia stood at $18,480 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+99.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cellulose acetates; non-plasticised, in primary formses stood at $9,464 per ton in 2022, dropping by -23.4% against the previous year. In general, the import price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 an increase of 80% against the previous year. As a result, import price attained the peak level of $13,858 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($14,408 per ton), while the price for China ($4,157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of cellulose acetates; non-plasticised, in primary formses exported from Singapore skyrocketed to 15 tons, with an increase of 2,784% on the previous year. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses surged to $303K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2.2115N/A169325.1%
Malaysia4.427.8N/A132210.7%
ChinaN/A2.40.1N/A-95.8%
Portugal1.31.31.5N/A7.4%
Others1.51.50.82.721.6%
Total9.41482.5303218.3%

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

  1. Indonesia (9.1 tons)
  2. Malaysia (5.8 tons)

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

For the fourth consecutive year, Singapore recorded growth in overseas purchases of cellulose acetates; non-plasticised, in primary formses, which increased by 18% to 27 tons in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 234%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses dropped to $256K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 199%.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A153253131-7.5%
United States32.59.31.272.530.7%
China20.141.917.849.334.9%
Others16.00.312.33.7-38.6%
Total68.620528425655.1%

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

  1. China (11.8 tons)
  2. South Korea (9.1 tons)
  3. United States (6.0 tons)

Source: IndexBox Market Intelligence Platform

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