Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada - 2024

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada (CIF) - 2024
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada (FOB) - 2022
  3. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada
  4. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada (CIF) - 2024

In January 2024, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $5,144 per ton, growing by 26% against the previous month. Over the period under review, import price indicated a mild increase from January 2023 to January 2024: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses increased by +58.4% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 47% m-o-m. As a result, import price reached the peak level of $6,487 per ton. From March 2023 to January 2024, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($15,028 per ton), while the price for Turkey ($1,751 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+6.0%), 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 Canada (FOB) - 2022

In 2022, the average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $8,062 per ton, increasing by 98% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,021 per ton), while the average price for exports to Brazil stood at $4,177 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 6K tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were imported into Canada; rising by 41% compared with the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% 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 +79.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $28M in 2022. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.81.34.06.620.2%
United States4.23.95.06.113.2%
Finland0.91.83.25.380.6%
Mexico0.40.40.72.173.8%
Italy2.82.31.81.9-12.1%
Netherlands1.00.81.01.514.5%
Germany1.10.30.31.10.0%
Turkey2.00.70.10.3-46.9%
Others3.52.02.12.8-7.2%
Total19.513.418.227.812.5%

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

  1. China (2090.6 tons)
  2. Finland (1549.4 tons)
  3. United States (708.7 tons)
  4. Mexico (586.2 tons)
  5. Italy (298.4 tons)
  6. Netherlands (165.1 tons)
  7. Germany (145.9 tons)
  8. Turkey (120.0 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, when their volume decreased by -32.6% to 98 tons. Over the period under review, exports saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 5.8%. As a result, the exports reached the peak of 145 tons, and then fell rapidly in the following year.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $789K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States726651517708-0.8%
BrazilN/AN/AN/A78.70%
South Korea0.961.9N/AN/A6777.8%
India2.71.545.5N/A310.5%
Others3.812.827.52.1-17.9%
Total7347285907892.4%

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

  1. United States (78.5 tons)
  2. Brazil (18.8 tons)

Source: IndexBox Market Intelligence Platform

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