Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy - 2023

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (FOB) - 2023
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (CIF) - 2023
  3. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy
  4. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (FOB) - 2023

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $3,627 per ton in December 2023, falling by -14.3% against the previous month. Overall, the export price saw a mild descent. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 32% month-to-month. Over the period under review, the average export prices attained the peak figure at $5,338 per ton in May 2023; however, from June 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 ($6,211 per ton), while the average price for exports to Pakistan ($2,733 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 Indonesia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (CIF) - 2023

In December 2023, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $3,755 per ton, surging by 4.6% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 28% against the previous month. Over the period under review, average import prices reached the peak figure at $5,308 per ton in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Taiwan (Chinese) ($13,053 per ton), while the price for Turkey ($2,548 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Ireland (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses from Italy dropped to 12K tons in 2022, reducing by -7.7% compared with the previous year's figure. Over the period under review, exports faced a drastic downturn.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $45M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.84.61.68.4119.0%
Brazil2.42.44.25.834.2%
Spain3.42.33.74.38.1%
India2.62.33.53.813.5%
Germany5.15.02.73.0-16.2%
Russia2.31.71.11.3-17.3%
Egypt1.11.21.01.22.9%
Indonesia0.70.80.81.219.7%
France1.11.01.21.10.0%
United States1.61.60.81.1-11.7%
Turkey1.01.01.00.9-3.5%
Armenia0.90.5N/A0.90.0%
Hungary0.70.60.60.70.0%
Others19.512.911.811.6-15.9%
Total43.237.834.245.31.6%

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

  1. South Africa (1915.5 tons)
  2. Spain (1778.7 tons)
  3. Brazil (1522.7 tons)
  4. India (962.3 tons)
  5. Germany (811.3 tons)
  6. Indonesia (376.5 tons)
  7. Egypt (330.4 tons)
  8. Armenia (328.8 tons)
  9. France (322.3 tons)
  10. Russia (307.9 tons)
  11. Turkey (257.5 tons)
  12. United States (231.0 tons)
  13. Hungary (223.0 tons)

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

In 2022, approx. 7K tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were imported into Italy; waning by -8.7% against the previous year. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 21%.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $25M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland6.46.610.110.317.2%
Germany2.11.92.63.113.9%
Turkey1.21.32.02.832.6%
France2.11.11.11.7-6.8%
Ireland0.80.80.61.317.6%
China0.70.90.51.219.7%
Netherlands1.82.21.21.1-15.1%
Mexico0.80.70.90.3-27.9%
Others8.31.62.02.7-31.2%
Total24.217.121.024.60.5%

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

  1. Finland (3297.9 tons)
  2. Turkey (1341.8 tons)
  3. Germany (649.1 tons)
  4. France (509.9 tons)
  5. China (340.6 tons)
  6. Netherlands (265.1 tons)
  7. Ireland (123.8 tons)
  8. Mexico (82.4 tons)

Source: IndexBox Market Intelligence Platform

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