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

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $7,038 per ton in March 2022, picking up by 8.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2021 when the average import price increased by 35% m-o-m. The import price peaked at $8,971 per ton in September 2021; however, from October 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the United States ($15,509 per ton), while the price for South Korea ($4,783 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.2%), 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 Indonesia (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $10,340 per ton in 2022, with a decrease of -7.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $11,257 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($40,167 per ton), while the average price for exports to Singapore ($1,000 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 Myanmar (+21.7%), 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 Indonesia

Imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Indonesia amounted to 6.3K tons in 2022, picking up by 4.3% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 6.4%. Over the period under review, imports of hit record highs 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 rose rapidly to $43M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.88.49.414.021.5%
United States5.56.68.68.616.1%
Germany4.23.12.74.1-0.8%
South Korea2.52.74.03.916.0%
Japan4.14.34.83.8-2.5%
Netherlands2.72.82.13.03.6%
Belgium2.33.33.22.2-1.5%
Others5.05.23.73.0-15.7%
Total34.136.438.542.77.8%

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

  1. China (2981.3 tons)
  2. United States (795.9 tons)
  3. South Korea (697.3 tons)
  4. Germany (642.5 tons)
  5. Netherlands (411.9 tons)
  6. Belgium (234.7 tons)
  7. Japan (214.0 tons)

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

In 2022, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from Indonesia surged to 51 tons, with an increase of 32% on the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 77%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $531K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.3% 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 +87.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1361671821646.4%
Nigeria11054.813715411.9%
ThailandN/AN/A6.81051444.1%
MalaysiaN/A50.612.060.99.7%
Vietnam0.4N/A4.024.3293.1%
China4.94.184.221.262.9%
Cambodia25.6N/AN/AN/A0%
SingaporeN/A27.11.4N/A-94.8%
Others6.351.68.41.7-35.4%
Total28335543553123.3%

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

  1. South Korea (15.6 tons)
  2. Thailand (11.5 tons)
  3. Nigeria (9.5 tons)
  4. Malaysia (8.5 tons)
  5. China (3.9 tons)
  6. Vietnam (2.1 tons)

Source: IndexBox Market Intelligence Platform

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