Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa - 2024

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa (CIF) - 2024
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa (CIF) - 2024

The average import price for cellulose nitrates (including collodions); in primary formses stood at $3,039 per ton in December 2023, dropping by -16.5% against the previous month. Over the period under review, the import price saw a pronounced setback. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the peak figure at $3,915 per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($3,424 per ton), while the price for China stood at $2,807 per ton.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by India (+0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $3,137 per ton, stabilizing at the previous year. In general, the export price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2014 an increase of 61%. As a result, the export price reached the peak level of $4,882 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($6,306 per ton), while the average price for exports to France ($2,556 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 Mozambique (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 1.8K tons of cellulose nitrates (including collodions); in primary formses were imported into South Africa; increasing by 12% against the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose nitrates (including collodions); in primary formses skyrocketed to $5.9M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; 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.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2,5692,8782,5963,51911.1%
China6788114618196.5%
Thailand7993845478030.2%
India22530137151331.6%
Germany65.313616718140.5%
Taiwan (Chinese)15812645.149.1-32.3%
Others87.499.064.242.7-21.2%
Total4,5824,7354,2515,9269.0%

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

  1. Brazil (1048.4 tons)
  2. China (284.9 tons)
  3. Thailand (243.0 tons)
  4. India (161.6 tons)
  5. Germany (44.5 tons)
  6. Taiwan (Chinese) (11.5 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of cellulose nitrates (including collodions); in primary formses, when their volume decreased by -57% to 247 tons. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 451% against the previous year. As a result, the exports attained the peak of 574 tons, and then shrank significantly in the following year.

In value terms, exports of cellulose nitrates (including collodions); in primary formses fell markedly to $775K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 346%. As a result, the exports reached the peak of $1.8M, and then declined rapidly in the following year.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A87.61,405474132.6%
Zimbabwe12517626019315.6%
Mozambique54.155.290.586.516.9%
MauritiusN/A26.419.35.0-56.5%
Others17.561.236.815.9-3.1%
Total1974061,81277557.9%

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

  1. France (185.5 tons)
  2. Zimbabwe (43.6 tons)
  3. Mozambique (13.7 tons)
  4. Mauritius (1.0 tons)

Source: IndexBox Market Intelligence Platform

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