Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Austria - 2023

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $9,859 per ton in December 2023, surging by 5.6% against the previous month. Overall, import price indicated a measured expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.2% 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; (other than carboxymethylcellulose and its salts), in primary formses increased by +242.6% against October 2023 indices. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 225% month-to-month. The import price peaked in December 2023.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for South Korea amounted to +24.8% per month.

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

In December 2023, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $9,406 per ton, picking up by 3.1% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 52% m-o-m. The export price peaked at $17,313 per ton in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($97,555 per ton), while the average price for exports to Turkey ($10,660 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 Serbia (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Austria

For the fourth consecutive year, Austria recorded growth in supplies from abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which increased by 2.9% to 4.4K tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded rapidly to $32M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Austria in 2022:

1. Germany (2971.2 tons)
2. Belgium (622.0 tons)
3. Sweden (181.4 tons)
4. South Korea (178.4 tons)
5. Slovenia (139.7 tons)
6. Poland (101.7 tons)
7. Spain (68.7 tons)
8. Netherlands (60.9 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Austria

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Austria reduced to 265 tons, shrinking by -7.8% against 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 287 tons, and then shrank in the following year.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses declined modestly to $3.2M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of $3.3M, and then dropped in the following year.

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Austria in 2022:

1. Hungary (72.7 tons)
2. Italy (35.7 tons)
3. Czech Republic (34.1 tons)
4. Germany (30.0 tons)
5. Slovakia (17.2 tons)
6. Turkey (16.6 tons)
7. Bosnia and Herzegovina (9.4 tons)
8. Moldova (9.0 tons)
9. Bulgaria (7.7 tons)
10. Switzerland (7.6 tons)
11. Serbia (6.4 tons)
12. Slovenia (4.8 tons)

Source: IndexBox Market Intelligence Platform