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

Contents:

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

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

In November 2023, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,575 per ton, waning by -35.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 90% against the previous month. As a result, import price attained the peak level of $5,547 per ton, and then plummeted in the following month.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Brazil ($3,781 per ton), while the price for Germany ($3,306 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Thailand (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $18,926 per ton, reducing by -41.7% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,937%. As a result, the export price attained the peak level of $41,483 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($168,027 per ton), while the average price for exports to Italy ($4,171 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 India (+717.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cellulose nitrates (including collodions); in primary formses imported into the UK shrank slightly to 1.6K tons, waning by -2.9% against the previous year's figure. Overall, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 4.9% against the previous year.

In value terms, imports of cellulose nitrates (including collodions); in primary formses reached $5.1M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 9.7% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3.02.22.21.8-15.7%
Germany0.91.01.71.621.1%
BrazilN/AN/A0.40.775.0%
NetherlandsN/A0.8N/A0.6-13.4%
Austria0.50.20.4N/A-10.6%
Others0.20.40.40.426.0%
Total4.64.65.05.13.5%

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

  1. Thailand (738.7 tons)
  2. Germany (486.7 tons)
  3. Brazil (223.9 tons)
  4. Netherlands (78.8 tons)

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

Exports of cellulose nitrates (including collodions); in primary formses from the UK surged to 33 tons in 2022, with an increase of 128% on the previous year. In general, exports, however, saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 519%.

In value terms, exports of cellulose nitrates (including collodions); in primary formses surged to $620K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 384%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A27.2163314239.8%
India41.9N/AN/A85.927.0%
ItalyN/AN/AN/A84.40%
Netherlands152N/A36.463.4-25.3%
Portugal46.1N/A87.047.81.2%
Others70.069.017924.8-29.2%
Total31096.246662026.0%

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

  1. Italy (20.2 tons)
  2. Netherlands (7.8 tons)
  3. Japan (2.6 tons)
  4. Portugal (0.9 tons)
  5. India (0.5 tons)

Source: IndexBox Market Intelligence Platform

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