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

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Italy (FOB) - 2023
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Italy (CIF) - 2022
  3. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Italy
  4. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Italy

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

The average export price for cellulose acetates; plasticised, in primary formses stood at $9,029 per ton in December 2023, rising by 19% against the previous month. In general, export price indicated resilient growth from December 2022 to December 2023: its price increased at an average monthly rate of +5.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for cellulose acetates; plasticised, in primary formses increased by +19.5% against November 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 38% against the previous month. Over the period under review, the average export prices hit record highs at $9,587 per ton in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($143K per ton), while the average price for exports to the UK ($7,355 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cellulose acetates; plasticised, in primary formses stood at $7,734 per ton in 2022, which is down by -48.6% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 214%. The import price peaked at $25,142 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($126,000 per ton), while the price for Turkey ($3,783 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Italy

After three years of growth, overseas shipments of cellulose acetates; plasticised, in primary formses decreased by -32.1% to 794 tons in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then declined dramatically in the following year.

In value terms, exports of cellulose acetates; plasticised, in primary formses dropped rapidly to $4.1M in 2022. In general, exports recorded a slight reduction. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of $6.6M, and then declined sharply in the following year.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)63197987995614.9%
Germany7076748828405.9%
Hong Kong SAR1,3642,1013,197515-27.7%
France28326238742514.5%
Turkey17425243136327.8%
United Kingdom269155101229-5.2%
Poland189129117142-9.1%
Others5704755735911.2%
Total4,1875,0286,5674,060-1.0%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Italy in 2022:

  1. Taiwan (Chinese) (202.5 tons)
  2. Germany (156.1 tons)
  3. France (126.7 tons)
  4. Hong Kong SAR (86.3 tons)
  5. Turkey (68.9 tons)
  6. United Kingdom (35.8 tons)
  7. Poland (22.3 tons)

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

In 2022, the amount of cellulose acetates; plasticised, in primary formses imported into Italy soared to 20 tons, picking up by 945% on 2021. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose acetates; plasticised, in primary formses skyrocketed to $156K in 2022. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22.74.1N/A11672.2%
China43.710.814.219.8-23.2%
United Kingdom8.83.16.011.07.7%
TurkeyN/AN/AN/A2.30%
Germany3.86.37.40.3-57.1%
Others12.57.41.56.8-18.4%
Total91.531.729.115619.5%

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

  1. United States (17.4 tons)
  2. China (1.2 tons)
  3. United Kingdom (1.0 tons)
  4. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform

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