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

Contents:

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

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

In January 2024, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $3,206 per ton, shrinking by -16.5% against the previous month. Over the period under review, the import price saw a perceptible decline. The growth pace was the most rapid in April 2023 an increase of 12% m-o-m. As a result, import price attained the peak level of $5,142 per ton. From May 2023 to January 2024, the average import prices remained at a somewhat lower figure.

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 ($23,945 per ton), while the price for China ($2,567 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 the United States (+4.4%), 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 Thailand (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,657 per ton in 2022, increasing by 4.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. The export price peaked at $7,798 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,242 per ton), while the average price for exports to Cambodia ($2,699 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 India (+24.9%), 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 Thailand

In 2022, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Thailand rose significantly to 9.9K tons, growing by 9% compared with the previous year. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +53.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 26% 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 soared to $55M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +62.4% against 2019 indices. As a result, imports reached 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 Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.617.423.128.417.3%
United States6.27.96.97.35.6%
Japan1.31.84.06.571.0%
Netherlands1.62.32.75.147.2%
Germany3.63.33.14.14.4%
South Korea1.41.50.81.64.6%
Belgium1.21.31.81.45.3%
Others1.00.60.40.6-15.7%
Total33.836.242.855.017.6%

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

  1. China (6.9K tons)
  2. United States (0.8K tons)
  3. Japan (0.6K tons)
  4. Germany (0.6K tons)
  5. Netherlands (0.4K tons)
  6. South Korea (0.2K tons)
  7. Belgium (0.1K tons)

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

In 2022, approx. 77 tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were exported from Thailand; waning by -35.6% against the previous year's figure. In general, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 103% against the previous year.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses fell remarkably to $513K in 2022. Overall, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 83%.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam30476.170.0131-24.5%
China25452.120569.4-35.1%
Myanmar41.968.328.660.813.2%
Indonesia22.39.826.256.236.1%
Lao People's Democratic Republic92.648.890.648.5-19.4%
India10.16.716.741.660.3%
Germany7.123.5N/A41.580.1%
Cambodia29.638.612432.43.1%
United States12.138.5102N/A190.3%
Japan113N/AN/AN/A0%
Others22553.998.531.4-48.1%
Total1,113416762513-22.8%

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

  1. Vietnam (22.0 tons)
  2. Cambodia (12.0 tons)
  3. Lao People's Democratic Republic (9.4 tons)
  4. Myanmar (9.1 tons)
  5. China (6.7 tons)
  6. India (5.6 tons)
  7. Indonesia (5.2 tons)
  8. Germany (3.7 tons)

Source: IndexBox Market Intelligence Platform

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