Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Saudi Arabia - 2022

Contents:

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

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Saudi Arabia (CIF) - 2022

The average import price for cellulose nitrates (including collodions); in primary formses stood at $2,159 per ton in 2022, standing approx. at the previous year. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2018 an increase of 8.5%. The import price peaked at $3,191 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($2,582 per ton), while the price for China stood at $1,908 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-3.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $2,423 per ton, remaining stable against the previous year. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in 2016 when the average export price decreased by -1.8%. Over the period under review, the average export prices hit record highs at $2,962 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -0.7% per year.

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

In 2022, supplies from abroad of cellulose nitrates (including collodions); in primary formses decreased by -6.7% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.8% 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 +59.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48%.

In value terms, imports of cellulose nitrates (including collodions); in primary formses fell to $5.5M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 27%.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.42.33.33.231.7%
Thailand1.71.72.12.05.6%
United StatesN/A0.5N/AN/A0%
IndonesiaN/A0.40.4N/A0.0%
Taiwan (Chinese)0.4N/AN/AN/A0%
Others0.50.20.20.3-15.7%
Total4.05.16.05.511.2%

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

  1. China (1673.9 tons)
  2. Thailand (789.0 tons)

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

In 2022, the amount of cellulose nitrates (including collodions); in primary formses exported from Saudi Arabia was estimated at 12 tons, remaining relatively unchanged against the year before. Over the period under review, exports recorded a precipitous decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of cellulose nitrates (including collodions); in primary formses amounted to $29K in 2022. Overall, exports faced a dramatic contraction. The smallest decline of 99.9% was in 2021.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A28.60%
United Arab Emirates6.77.110.2N/A23.4%
Others-6.739.9-10.2N/A23.4%
TotalN/A47.0N/A28.6-22.0%

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

  1. Sweden (11.8 tons)

Source: IndexBox Market Intelligence Platform

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