Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Indonesia - 2022

Contents:

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

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Indonesia (CIF) - 2022

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,646 per ton in March 2022, surging by 16% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +4.2%. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 21% month-to-month. Over the period under review, average import prices attained the maximum in March 2022.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the Netherlands ($18,625 per ton), while the price for Italy ($3,100 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Colombia (+3.6%), 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 Indonesia (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,590 per ton in 2022, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($7,502 per ton), while the average price for exports to Vietnam ($3,543 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 Timor-Leste (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cellulose ethers; carboxymethylcellulose and its salts, in primary formses imported into Indonesia soared to 7.4K tons, jumping by 17% against 2021 figures. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $28M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +53.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.05.79.014.734.8%
France3.34.03.14.712.5%
Finland2.12.32.12.67.4%
Japan3.32.52.41.9-16.8%
Italy0.80.80.91.420.5%
Colombia0.91.41.50.8-3.9%
SpainN/A0.10.40.241.4%
Others2.71.52.01.8-12.6%
Total19.018.321.428.214.1%

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

  1. China (4339.8 tons)
  2. France (981.8 tons)
  3. Finland (746.0 tons)
  4. Italy (439.6 tons)
  5. Spain (245.3 tons)
  6. Colombia (222.4 tons)
  7. Japan (216.9 tons)

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

In 2022, overseas shipments of cellulose ethers; carboxymethylcellulose and its salts, in primary formses decreased by -1.6% to 196 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. As a result, the exports reached the peak of 199 tons, and then fell slightly in the following year.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses rose markedly to $899K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 82%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)15799.21752028.8%
Australia97.910414715416.3%
VietnamN/AN/A57.2122113.3%
Malaysia8.669.035.480.0110.3%
Bangladesh64.960.917273.44.2%
Timor-LesteN/A3.664.168.8337.2%
PakistanN/A8.334.960.6170.2%
Singapore23.70.717.236.415.4%
Sri Lanka1.17.620.731.3205.3%
Japan23.719.840.525.22.1%
KenyaN/AN/A29.022.8-21.4%
Mozambique4.7N/AN/AN/A0%
China0.648.13.8N/A151.7%
Others13.921.58.822.918.1%
Total39644380589931.4%

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

  1. Taiwan (Chinese) (42.0 tons)
  2. Australia (35.8 tons)
  3. Vietnam (34.3 tons)
  4. Malaysia (19.6 tons)
  5. Pakistan (14.7 tons)
  6. Timor-Leste (11.8 tons)
  7. Bangladesh (9.8 tons)
  8. Singapore (6.8 tons)
  9. Japan (5.9 tons)
  10. Sri Lanka (5.5 tons)
  11. Kenya (5.0 tons)

Source: IndexBox Market Intelligence Platform

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