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

Contents:

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

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

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $3,411 per ton, growing by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($3,455 per ton) and Finland ($3,455 per ton), while the price for Denmark ($2,487 per ton) and Singapore ($3,455 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), 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 Vietnam (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $3,519 per ton in 2022, approximately mirroring the previous year. Overall, the export price showed moderate growth. The growth pace was the most rapid in 2018 when the average export price increased by 65%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($38,500 per ton), while the average price for exports to Turkey ($955 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 Indonesia (+25.4%), 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 Vietnam

Imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses into Vietnam soared to 5.5K tons in 2022, rising by 22% compared with the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +54.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $19M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,9102,3524,1045,05820.2%
Germany7871,6832,7473,16058.9%
France5737301,0062,08353.8%
Finland7946176561,58726.0%
India78.397.635.51,275153.5%
Netherlands62.86211,0911,226169.3%
Italy74355479098810.0%
Turkey41662036174621.5%
Japan1,2999901,164551-24.9%
Brazil16125917443038.7%
Singapore16819222226917.0%
Denmark776218184152-41.9%
South Korea355286497149-25.1%
Others9201,0159111,0143.3%
Total10,04310,23513,94418,68723.0%

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

  1. China (1463.7 tons)
  2. Germany (914.4 tons)
  3. France (602.9 tons)
  4. Finland (459.3 tons)
  5. India (368.9 tons)
  6. Netherlands (354.9 tons)
  7. Italy (285.9 tons)
  8. Turkey (215.8 tons)
  9. Japan (159.4 tons)
  10. Brazil (124.5 tons)
  11. Singapore (77.8 tons)
  12. Denmark (61.3 tons)
  13. South Korea (43.2 tons)

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

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 -14.8% to 9.9 tons. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 48%.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses dropped to $35K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RwandaN/AN/AN/A23.20%
Malaysia1.04.014.35.374.4%
Thailand3.75.42.91.7-22.8%
China0.30.70.81.571.0%
Lao People's Democratic Republic1.83.52.90.6-30.7%
Cambodia6.69.05.40.5-57.7%
AustraliaN/AN/A9.0N/A0%
Others3.96.45.22.0-20.0%
Total17.429.040.634.725.9%

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

  1. Rwanda (7.3 tons)
  2. Malaysia (1.4 tons)
  3. China (0.5 tons)
  4. Cambodia (0.2 tons)
  5. Thailand (0.2 tons)
  6. Lao People's Democratic Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

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