Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in China - 2023
Contents:
- Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in China (CIF) - 2023
- Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in China (FOB) - 2022
- Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in China
- Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in China
Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in China (CIF) - 2023
The average import price for cellulose acetates; non-plasticised, in primary formses stood at $4,182 per ton in December 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in May 2023 an increase of 13% month-to-month. Over the period under review, average import prices attained the maximum at $4,298 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($4,298 per ton), while the price for the United States stood at $4,148 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.7%).
Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in China (FOB) - 2022
The average export price for cellulose acetates; non-plasticised, in primary formses stood at $4,685 per ton in 2022, picking up by 31% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Russia ($6,415 per ton), while the average price for exports to the Netherlands ($3,113 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 Russia (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in China
For the third year in a row, China recorded decline in overseas purchases of cellulose acetates; non-plasticised, in primary formses, which decreased by -3.7% to 36K tons in 2022. Over the period under review, imports continue to indicate a drastic downturn. The smallest decline of -0.6% was in 2021.
In value terms, imports of cellulose acetates; non-plasticised, in primary formses rose to $128M in 2022. In general, imports faced a deep reduction.
| Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 98.6 | 102 | 110 | 109 | 3.4% |
| Japan | 14.9 | 13.5 | 11.6 | 19.1 | 8.6% |
| Mexico | 65.0 | 2.5 | N/A | N/A | -96.2% |
| Others | 0.9 | 1.2 | 1.7 | 0.3 | -30.7% |
| Total | 180 | 119 | 123 | 128 | -10.7% |
Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to China in 2022:
- United States (30.3K tons)
- Japan (5.9K tons)
Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in China
In 2022, after three years of growth, there was significant decline in overseas shipments of cellulose acetates; non-plasticised, in primary formses, when their volume decreased by -15.8% to 5.5K tons. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of 6.5K tons, and then fell markedly in the following year.
In value terms, exports of cellulose acetates; non-plasticised, in primary formses rose remarkably to $26M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.4% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 5.2 | 4.0 | 4.2 | 7.4 | 12.5% |
| South Korea | 8.6 | 11.1 | 7.6 | 6.4 | -9.4% |
| Russia | N/A | N/A | N/A | 2.5 | 0% |
| Germany | 0.1 | 1.1 | 0.7 | 1.8 | 162.1% |
| Taiwan (Chinese) | 1.3 | 0.8 | 1.2 | 1.7 | 9.4% |
| United States | 0.6 | 0.8 | 0.8 | 1.4 | 32.6% |
| India | 0.2 | 0.1 | 0.1 | 1.3 | 86.6% |
| Belgium | 0.3 | 0.1 | 7.6 | 1.3 | 63.0% |
| Others | 0.3 | 0.2 | 1.1 | 2.0 | 88.2% |
| Total | 16.6 | 18.3 | 23.4 | 25.8 | 15.8% |
Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from China in 2022:
- Italy (1842.8 tons)
- South Korea (1312.8 tons)
- Germany (401.5 tons)
- Russia (395.4 tons)
- Taiwan (Chinese) (371.3 tons)
- United States (318.1 tons)
- India (286.2 tons)
- Belgium (265.7 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 China.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in China.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
