Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada - 2024

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada (CIF) - 2024
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Canada (CIF) - 2024

In January 2024, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $11,184 per ton, declining by -26.8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 77% m-o-m. The import price peaked at $15,283 per ton in December 2023, and then reduced notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($22,716 per ton), while the price for China ($4,256 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $8,451 per ton, approximately equating the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 52%. Over the period under review, the average export prices hit record highs at $8,898 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,696 per ton), while the average price for exports to India ($4,368 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 the United States (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses imported into Canada amounted to 4.9K tons, growing by 2.6% compared with 2021. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. 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 remarkably to $48M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 Canada in 2022:

1. United States (1458.2 tons)
2. Germany (931.8 tons)
3. South Korea (930.2 tons)
4. China (581.6 tons)
5. Sweden (462.1 tons)
6. Belgium (215.9 tons)
7. Brazil (182.3 tons)

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

In 2022, overseas shipments of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -16.9% to 216 tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 16%. As a result, the exports reached the peak of 322 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses contracted notably to $1.8M in 2022. Over the period under review, exports recorded a slight downturn. The pace of growth was the most pronounced in 2021 when exports increased by 23%. As a result, the exports attained the peak of $2.2M, and then declined markedly in the following year.

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

1. Jamaica (112.3 tons)
2. India (59.6 tons)
3. United States (37.7 tons)
4. France (5.3 tons)

Source: IndexBox Market Intelligence Platform