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

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Mexico (FOB) - 2022
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Mexico (CIF) - 2023
  3. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Mexico
  4. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Mexico

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

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,278 per ton in 2022, growing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 32%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($4,978 per ton), while the average price for exports to the United States amounted to $4,249 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+14.2%), 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 Mexico (CIF) - 2023

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,831 per ton in December 2023, reducing by -17.6% against the previous month. Overall, import price indicated pronounced growth from December 2022 to December 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses decreased by -17.6% against November 2023 indices. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 54% month-to-month. Over the period under review, average import prices hit record highs at $6,134 per ton in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($8,596 per ton), while the price for Finland ($2,983 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 Finland (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were finally on the rise to reach 4.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a relatively flat trend pattern.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $19M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.014.510.118.515.5%
Guatemala0.90.60.10.3-30.7%
Others0.70.6N/A0.2-34.1%
Total13.615.610.319.112.0%

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

  1. United States (4.4K tons)
  2. Guatemala (0.1K tons)

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

In 2022, the amount of cellulose ethers; carboxymethylcellulose and its salts, in primary formses imported into Mexico declined to 3.6K tons, reducing by -14.5% compared with the previous year's figure. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $17M in 2022. In general, imports continue to indicate a noticeable downturn.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.15.14.26.41.6%
China2.62.63.54.923.5%
Finland4.2N/A4.23.3-7.7%
Germany1.91.51.30.8-25.0%
Italy0.40.50.30.3-9.1%
Netherlands0.51.00.4N/A-10.6%
Turkey0.80.4N/AN/A-50.0%
Others1.31.20.10.9-11.5%
Total17.712.414.116.6-2.1%

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

  1. Finland (1370.9 tons)
  2. China (1045.0 tons)
  3. United States (896.0 tons)
  4. Germany (194.3 tons)
  5. Italy (51.6 tons)

Source: IndexBox Market Intelligence Platform

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