Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (CIF) - 2023
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (CIF) - 2023

In June 2023, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,005 per ton, increasing by 59% against the previous month. Over the period under review, the import price posted slight growth. The growth pace was the most rapid in April 2023 when the average import price increased by 75% month-to-month. The import price peaked at $3,262 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Thailand ($3,247 per ton), while the price for Turkey ($1,281 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (FOB) - 2022

The average export price for cellulose nitrates (including collodions); in primary formses stood at $1,708 per ton in 2022, stabilizing at the previous year. In general, the export price continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2016 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan

In 2022, imports of cellulose nitrates (including collodions); in primary formses into Pakistan totaled 4.4K tons, with an increase of 4.8% compared with the year before. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cellulose nitrates (including collodions); in primary formses expanded rapidly to $11M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1.71.12.94.437.3%
China3.02.52.62.3-8.5%
Taiwan (Chinese)2.42.93.12.2-2.9%
IranN/AN/A0.50.980.0%
Italy0.20.30.30.426.0%
United Arab EmiratesN/AN/AN/A0.30%
Turkey0.20.10.20.20.0%
Brazil0.40.20.10.1-37.0%
Others0.40.50.70.2-20.6%
Total8.27.510.311.010.3%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Pakistan in 2022:

  1. Thailand (1773.7 tons)
  2. Taiwan (Chinese) (899.1 tons)
  3. China (741.2 tons)
  4. Iran (541.1 tons)
  5. Italy (98.3 tons)
  6. United Arab Emirates (93.9 tons)
  7. Turkey (90.7 tons)
  8. Brazil (51.3 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan

Exports of cellulose nitrates (including collodions); in primary formses from Pakistan fell significantly to 24 kg in 2022, declining by -50% compared with the previous year's figure. In general, exports recorded a precipitous decline.

In value terms, exports of cellulose nitrates (including collodions); in primary formses declined dramatically to $41 in 2022. Over the period under review, exports recorded a dramatic decrease.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Pakistan (USD)
COUNTRY20212022CAGR,
2021-2022
SenegalN/A41.00%
Oman82.0N/A0%
OthersN/AN/A0%
Total82.041.0-50.0%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Pakistan in 2022:

  1. Senegal (24.0 kg)

Source: IndexBox Market Intelligence Platform

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