Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India - 2023
Contents:
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (CIF) - 2023
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (FOB) - 2022
- Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India
- Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India
Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (CIF) - 2023
In November 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,246 per ton, approximately mirroring the previous month. Overall, the import price showed a pronounced contraction. The growth pace was the most rapid in December 2022 an increase of 18% month-to-month. As a result, import price reached the peak level of $9,504 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($20,842 per ton), while the price for China ($3,786 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (FOB) - 2022
The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $19,640 per ton in 2022, picking up by 20% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by +79.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 49% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($32,118 per ton), while the average price for exports to Ghana ($4,938 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 Nepal (+10.4%), 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 India
In 2022, approx. 45K tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were imported into India; increasing by 22% on the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked 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 surged to $366M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.3% 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 +92.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.3 | 37.0 | 44.4 | 96.7 | 44.1% |
| United States | 37.7 | 66.8 | 74.2 | 88.8 | 33.1% |
| South Korea | 33.4 | 50.3 | 70.4 | 85.4 | 36.7% |
| Japan | 18.5 | 20.6 | 27.1 | 29.0 | 16.2% |
| Germany | 25.4 | 19.5 | 27.6 | 27.4 | 2.6% |
| Belgium | 16.3 | 15.0 | 15.0 | 16.5 | 0.4% |
| Sweden | 6.1 | 3.2 | 4.3 | 6.9 | 4.2% |
| Singapore | 6.4 | 3.3 | 2.7 | 0.4 | -60.3% |
| Others | 14.9 | 12.4 | 12.0 | 15.4 | 1.1% |
| Total | 191 | 228 | 278 | 366 | 24.2% |
Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to India in 2022:
- China (16.6K tons)
- South Korea (12.6K tons)
- United States (5.2K tons)
- Germany (4.6K tons)
- Belgium (2.0K tons)
- Japan (1.5K tons)
- Sweden (1.2K tons)
- Singapore (0.1K tons)
Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India
In 2022, shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -8.1% to 761 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 52%. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded remarkably to $15M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 793 | 2,159 | 5,119 | 6,673 | 103.4% |
| Nepal | 272 | 383 | 1,032 | 762 | 41.0% |
| China | 1,176 | 905 | 374 | 738 | -14.4% |
| Malaysia | 712 | 736 | 448 | 589 | -6.1% |
| United States | 117 | 271 | 753 | 525 | 64.9% |
| Sri Lanka | 203 | 227 | 246 | 457 | 31.1% |
| United Kingdom | 0.7 | 0.6 | 61.7 | 370 | 708.5% |
| Italy | 246 | 617 | 513 | 329 | 10.2% |
| Iran | 570 | 1,767 | 543 | 231 | -26.0% |
| Turkey | 94.5 | 85.2 | 258 | 224 | 33.3% |
| Sudan | 30.9 | 32.4 | 58.9 | 156 | 71.5% |
| Egypt | 31.7 | 72.3 | 29.3 | 145 | 66.0% |
| Ghana | 15.5 | 35.8 | 60.7 | 70.6 | 65.8% |
| Others | 4,172 | 3,815 | 4,043 | 3,687 | -4.0% |
| Total | 8,433 | 11,105 | 13,540 | 14,956 | 21.0% |
Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from India in 2022:
- Bangladesh (276.8 tons)
- Nepal (46.0 tons)
- China (42.7 tons)
- Sri Lanka (39.5 tons)
- Turkey (33.9 tons)
- Iran (31.6 tons)
- United Kingdom (26.0 tons)
- United States (25.0 tons)
- Malaysia (18.4 tons)
- Italy (17.8 tons)
- Sudan (17.2 tons)
- Ghana (14.3 tons)
- Egypt (13.7 tons)
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