Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,212 per ton, picking up by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($7,377 per ton) and Germany ($6,898 per ton), while the price for Sweden ($4,984 per ton) and China ($5,380 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,989 per ton, reducing by -11.7% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +49.8% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 26%. As a result, the export price attained the peak level of $7,912 per ton, and then reduced in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Oman ($7,241 per ton) and Kuwait ($7,240 per ton), while the average price for exports to Kenya ($5,021 per ton) and India ($6,513 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+6.7%), 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 United Arab Emirates

Imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into the United Arab Emirates skyrocketed to 7K tons in 2022, jumping by 27% on 2021. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $44M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +68.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (2.7K tons)
2. Germany (1.8K tons)
3. Belgium (0.9K tons)
4. Sweden (0.6K tons)
5. United States (0.5K tons)
6. South Korea (0.3K tons)

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from the United Arab Emirates reduced rapidly to 388 tons, waning by -58.2% compared with the previous year. Over the period under review, exports showed a significant decrease. The smallest decline of -3.6% was in 2020.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses declined notably to $2.7M in 2022. In general, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 0.4% against the previous year. As a result, the exports attained the peak of $7.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Oman (207.1 tons)
2. Tanzania (60.2 tons)
3. India (38.8 tons)
4. Kuwait (34.8 tons)
5. Madagascar (16.9 tons)
6. Kenya (9.8 tons)

Source: IndexBox Market Intelligence Platform