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

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $7,218 per ton in 2022, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($7,241 per ton), while the price for Sri Lanka ($3,929 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+16.7%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,646 per ton, rising by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. Over the period under review, the average export prices hit record highs at $7,310 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($6,852 per ton) and Lao People's Democratic Republic ($6,850 per ton), while the average price for exports to Malaysia ($5,790 per ton) and Indonesia ($6,848 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 India (+8.4%), 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 Vietnam

In 2022, approx. 6.3K tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were imported into Vietnam; with an increase of 11% on 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations 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 $45M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +40.9% against 2019 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 Vietnam in 2022:

1. China (2236.5 tons)
2. United States (1407.7 tons)
3. South Korea (1321.2 tons)
4. Germany (867.1 tons)
5. Japan (190.9 tons)
6. Belgium (109.0 tons)
7. Sweden (24.2 tons)

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

After three years of growth, shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -55.9% to 48 tons in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 77%. As a result, the exports reached the peak of 109 tons, and then contracted significantly in the following year.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses fell remarkably to $320K in 2022. In general, exports, however, posted measured growth. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, the exports attained the peak of $613K, and then dropped sharply in the following year.

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

1. Cambodia (26.1 tons)
2. Malaysia (9.2 tons)
3. Indonesia (3.8 tons)
4. Lao People's Democratic Republic (3.2 tons)
5. India (2.5 tons)
6. Thailand (1.7 tons)
7. South Korea (1.0 tons)

Source: IndexBox Market Intelligence Platform