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

Contents:

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

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

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $2,722 per ton, surging by 45% against the previous year. Over the period under review, the import price, however, saw a slight downturn. Over the period under review, average import prices reached the peak figure at $3,287 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,590 per ton), while the price for Sri Lanka ($902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.9%), 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 the Philippines (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $3,265 per ton in 2021, with an increase of 29% against the previous year. In general, the export price, however, showed a abrupt descent. Over the period under review, the average export prices reached the maximum at $15,031 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($11,344 per ton), while the average price for exports to the United Arab Emirates ($1,864 per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-11.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses into the Philippines rose to 3.5K tons, surging by 3.4% on 2021. In general, imports, however, showed a mild slump. The pace of growth appeared the most rapid in 2021 when imports increased by 13%.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $9.5M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% 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 the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.21.62.02.88.4%
Finland1.11.21.02.734.9%
Turkey1.81.11.21.80.0%
India0.50.51.01.440.9%
Sri Lanka0.20.10.10.1-20.6%
Others1.01.31.00.8-7.2%
Total6.75.96.49.512.3%

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

  1. China (1361.0 tons)
  2. Turkey (764.8 tons)
  3. India (748.9 tons)
  4. Finland (341.0 tons)
  5. Sri Lanka (137.8 tons)

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

In 2021, approx. 3.9 tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were exported from the Philippines; picking up by 155% compared with the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $13K in 2021. In general, exports showed significant growth. 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 the Philippines (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
China2.45.5129.2%
Thailand0.62.8366.7%
Vietnam0.92.5177.8%
United Arab EmiratesN/A1.50%
El SalvadorN/A0.30%
OthersN/AN/A0%
Total3.912.7225.6%

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

  1. China (1941.0 kg)
  2. Vietnam (806.0 kg)
  3. United Arab Emirates (801.0 kg)
  4. Thailand (250.0 kg)
  5. El Salvador (76.0 kg)

Source: IndexBox Market Intelligence Platform

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