Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea - 2022
Contents:
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea (FOB) - 2022
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea (CIF) - 2022
- Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea
- Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea
Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea (FOB) - 2022
In December 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,809 per ton, approximately equating the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 7.9% month-to-month. Over the period under review, the average export prices attained the maximum in December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($9,605 per ton), while the average price for exports to Slovenia ($4,838 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea (CIF) - 2022
In December 2022, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $10,609 per ton, approximately reflecting the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 28% m-o-m. As a result, import price reached the peak level of $15,741 per ton. From August 2022 to December 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Japan ($21,764 per ton), while the price for China ($4,535 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea
After three years of growth, overseas shipments of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -7.5% to 56K tons in 2022. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of 61K tons, and then reduced in the following year.
In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded markedly to $354M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 45.1 | 55.7 | 68.2 | 81.4 | 21.8% |
United States | 28.7 | 35.7 | 36.0 | 40.1 | 11.8% |
China | 25.4 | 33.2 | 34.6 | 33.8 | 10.0% |
Slovenia | 7.3 | 8.0 | 13.0 | 15.1 | 27.4% |
Mexico | 7.7 | 8.1 | 12.0 | 12.7 | 18.2% |
Japan | 14.0 | 12.1 | 11.3 | 12.5 | -3.7% |
Turkey | 14.9 | 15.3 | 14.8 | 12.3 | -6.2% |
Germany | 13.6 | 13.5 | 18.5 | 11.3 | -6.0% |
Russia | 9.5 | 10.7 | 12.6 | 10.9 | 4.7% |
Colombia | 7.2 | 7.5 | 7.8 | 9.4 | 9.3% |
Vietnam | 7.2 | 6.2 | 7.5 | 9.0 | 7.7% |
Brazil | 4.4 | 5.5 | 4.4 | 8.1 | 22.6% |
Spain | 7.6 | 8.0 | 7.6 | 5.2 | -11.9% |
Others | 73.9 | 79.3 | 85.9 | 92.7 | 7.8% |
Total | 266 | 299 | 334 | 354 | 10.0% |
Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from South Korea in 2022:
- India (12.3K tons)
- United States (5.9K tons)
- China (4.3K tons)
- Slovenia (3.7K tons)
- Turkey (2.6K tons)
- Russia (2.4K tons)
- Germany (2.2K tons)
- Japan (1.8K tons)
- Mexico (1.5K tons)
- Vietnam (1.4K tons)
- Colombia (1.3K tons)
- Brazil (1.2K tons)
- Spain (1.2K tons)
Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in South Korea
In 2022, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into South Korea dropped slightly to 5.3K tons, approximately mirroring the previous year. Over the period under review, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.1% against the previous year.
In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $63M in 2022. The total import value increased at an average annual rate of +5.4% 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 South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.5 | 15.4 | 15.8 | 18.7 | 6.5% |
Japan | 13.0 | 12.6 | 11.6 | 15.5 | 6.0% |
China | 7.7 | 9.9 | 11.7 | 12.0 | 15.9% |
Netherlands | 10.2 | 8.5 | 8.4 | 7.3 | -10.6% |
Germany | 4.3 | 3.5 | 3.2 | 4.6 | 2.3% |
Belgium | 2.6 | 2.1 | 2.0 | 2.1 | -6.9% |
Others | 0.6 | 0.9 | 0.8 | 2.8 | 67.1% |
Total | 53.8 | 52.8 | 53.5 | 62.9 | 5.3% |
Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to South Korea in 2022:
- China (1484.3 tons)
- Netherlands (1036.5 tons)
- United States (1033.5 tons)
- Japan (804.2 tons)
- Germany (587.3 tons)
- Belgium (228.3 tons)
This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Republic of Korea.
This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Republic of Korea.
This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.