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

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $15,333 per ton in December 2023, growing by 28% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 91% against the previous month. The import price peaked at $19,409 per ton in July 2023; however, from August 2023 to December 2023, import prices remained at a lower figure.

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 Belgium amounted to +6.0% per month.

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

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $23,207 per ton, waning by -14.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 136%. The export price peaked at $27,221 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($70,005 per ton), while the average price for exports to Estonia ($3,778 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 Switzerland (+25.5%), 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 Denmark

In 2022, after three years of growth, there was significant decline in purchases abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, when their volume decreased by -9.5% to 727 tons. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports reached the peak of 803 tons, and then shrank in the following year.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $9.2M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.7% 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 +84.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% 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.

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

1. Germany (195.7 tons)
2. Belgium (192.2 tons)
3. Sweden (131.8 tons)
4. India (71.9 tons)
5. Taiwan (Chinese) (55.4 tons)
6. Netherlands (35.4 tons)
7. France (17.5 tons)
8. China (11.7 tons)

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

In 2022, approx. 131 tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were exported from Denmark; with an increase of 3.9% on 2021. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.2% 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 +87.2% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses reduced to $3M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year.

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

1. Sweden (37.0 tons)
2. Estonia (23.9 tons)
3. Italy (12.2 tons)
4. Poland (11.2 tons)
5. Germany (9.9 tons)
6. Finland (9.7 tons)
7. Austria (5.8 tons)
8. United Kingdom (5.6 tons)
9. Netherlands (4.9 tons)
10. Switzerland (3.0 tons)
11. Hungary (1.2 tons)

Source: IndexBox Market Intelligence Platform