Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore - 2023
Contents:
- Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (CIF) - 2022
- Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (FOB) - 2022
- Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore
- Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore
Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (CIF) - 2022
The average import price for cellulose nitrates (including collodions); in primary formses stood at $4,197 per ton in 2022, picking up by 47% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellulose nitrates (including collodions); in primary formses increased by +88.5% against 2018 indices. As a result, import price reached 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 Germany ($4,294 per ton), while the price for China ($2,011 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (FOB) - 2022
The average export price for cellulose nitrates (including collodions); in primary formses stood at $5,009 per ton in 2022, waning by -37.7% against the previous year. Overall, the export price showed a pronounced setback. The growth pace was the most rapid in 2015 when the average export price increased by 52%. As a result, the export price reached the peak level of $14,554 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($9,613 per ton), while the average price for exports to Malaysia ($4,252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-1.9%), while the prices for the other major destinations experienced a decline.
Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore
In 2022, the amount of cellulose nitrates (including collodions); in primary formses imported into Singapore shrank rapidly to 64 tons, waning by -32.9% compared with 2021 figures. In general, imports showed a sharp slump. The smallest decline of -9.7% was in 2021.
In value terms, imports of cellulose nitrates (including collodions); in primary formses shrank slightly to $271K in 2022. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 2.5%.
| Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.1 | 150 | 148 | 82.0 | -5.5% |
| Thailand | 60.8 | 36.0 | 36.3 | 37.9 | -14.6% |
| China | 88.8 | 58.5 | 23.1 | 33.8 | -27.5% |
| Taiwan (Chinese) | 94.7 | N/A | N/A | 30.3 | -31.6% |
| Spain | 5.5 | 0.8 | 10.9 | 15.7 | 41.9% |
| Malaysia | 11.5 | 10.0 | 18.2 | 0.2 | -74.1% |
| India | N/A | 0.1 | 32.0 | N/A | 31900.0% |
| Others | 4.2 | 12.7 | 6.4 | 70.8 | 156.4% |
| Total | 363 | 268 | 275 | 271 | -9.3% |
Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Singapore in 2022:
- Germany (19.1 tons)
- China (16.8 tons)
- Thailand (12.3 tons)
- Taiwan (Chinese) (9.8 tons)
- Spain (6.3 tons)
- Malaysia (0.1 tons)
Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore
In 2022, approx. 21 tons of cellulose nitrates (including collodions); in primary formses were exported from Singapore; waning by -10.1% on 2021 figures. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 499%. As a result, the exports attained the peak of 23 tons, and then dropped in the following year.
In value terms, exports of cellulose nitrates (including collodions); in primary formses dropped markedly to $105K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 251%. As a result, the exports attained the peak of $187K, and then declined dramatically in the following year.
| Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 51.0 | 33.6 | 111 | 68.3 | 10.2% |
| Indonesia | 9.0 | 8.6 | 32.0 | 18.8 | 27.8% |
| Philippines | 2.1 | N/A | 5.7 | 17.3 | 102.0% |
| China | 8.4 | 10.0 | 2.2 | N/A | -48.8% |
| Vietnam | 3.4 | 0.5 | 0.2 | N/A | -75.7% |
| Bangladesh | 25.4 | N/A | 28.9 | N/A | 6.7% |
| Others | 5.5 | 0.6 | 7.1 | 0.5 | -55.0% |
| Total | 105 | 53.3 | 187 | 105 | 0.0% |
Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Singapore in 2022:
- Malaysia (16.1 tons)
- Philippines (2.8 tons)
- Indonesia (2.0 tons)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Singapore.
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