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

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $7,749 per ton in December 2023, falling by -5.4% against the previous month. Overall, the import price saw a mild decrease. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 25% against the previous month. Over the period under review, average import prices hit record highs at $9,765 per ton in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($17,600 per ton), while the price for India ($2,536 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), 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 the UK (FOB) - 2023

In December 2023, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $39,664 per ton, rising by 4.6% against the previous month. In general, export price indicated a perceptible increase from December 2022 to December 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by +94.3% against September 2023 indices. The growth pace was the most rapid in October 2023 when the average export price increased by 52% against the previous month. Over the period under review, the average export prices reached the peak figure in December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($77,113 per ton), while the average price for exports to Japan ($16,436 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.4%), 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 the UK

In 2022, supplies from abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses was finally on the rise to reach 9.8K tons after two years of decline. In general, imports, however, showed a abrupt setback.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $95M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.032.031.538.14.9%
Germany16.220.321.224.915.4%
Belgium34.829.51.36.0-44.3%
South Korea4.75.74.25.12.8%
Netherlands2.22.82.65.031.5%
China2.32.93.84.726.9%
Sweden0.81.11.64.375.2%
India1.31.00.61.2-2.6%
Others2.00.51.56.245.8%
Total97.295.868.295.5-0.6%

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

  1. Germany (3.0K tons)
  2. United States (2.4K tons)
  3. Netherlands (0.8K tons)
  4. Sweden (0.8K tons)
  5. Belgium (0.8K tons)
  6. China (0.6K tons)
  7. South Korea (0.6K tons)
  8. India (0.4K tons)

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

In 2022, shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses was finally on the rise to reach 2.4K tons after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $66M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 8%. Over the period under review, the exports of hit record highs 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 the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.713.09.510.9-2.3%
Spain5.06.18.68.117.4%
France12.010.911.47.2-15.7%
Italy4.55.94.65.35.6%
Turkey1.41.22.12.724.5%
Pakistan1.21.41.52.324.2%
Egypt1.51.82.72.315.3%
Poland1.21.21.22.120.5%
Ireland3.64.14.92.1-16.4%
Saudi Arabia0.61.30.41.638.7%
Russia1.61.31.41.5-2.1%
Israel0.90.60.51.16.9%
Jordan1.31.40.40.9-11.5%
Others14.215.315.117.47.0%
Total60.565.464.365.72.8%

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

  1. Germany (400.0 tons)
  2. Spain (344.2 tons)
  3. France (287.0 tons)
  4. Italy (207.4 tons)
  5. Ireland (95.5 tons)
  6. Turkey (91.7 tons)
  7. Pakistan (83.1 tons)
  8. Egypt (75.9 tons)
  9. Saudi Arabia (61.5 tons)
  10. Poland (50.7 tons)
  11. Jordan (50.1 tons)
  12. Israel (47.5 tons)
  13. Russia (45.5 tons)

Source: IndexBox Market Intelligence Platform

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