Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (CIF) - 2023
- Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (FOB) - 2023
- Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR
- Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR
Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (CIF) - 2023
The average import price for cellulose acetates; non-plasticised, in primary formses stood at $4,376 per ton in November 2023, declining by -62% against the previous month. In general, the import price, however, enjoyed a modest increase. The most prominent rate of growth was recorded in October 2023 an increase of 185% against the previous month. As a result, import price attained the peak level of $11,526 per ton, and then shrank rapidly in the following month.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From December 2022 to November 2023, the rate of growth in terms of prices for Japan amounted to +1.4% per month.
Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $4,900 per ton, remaining stable against the previous month. In general, the export price continues to indicate a modest increase. The pace of growth appeared the most rapid in August 2023 an increase of 138% m-o-m. The export price peaked at $9,974 per ton in January 2023; however, from February 2023 to November 2023, 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 China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +1.7% per month.
Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR
Imports of cellulose acetates; non-plasticised, in primary formses into Hong Kong SAR declined markedly to 890 tons in 2022, which is down by -72.9% compared with 2021 figures. Overall, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 27%.
In value terms, imports of cellulose acetates; non-plasticised, in primary formses contracted markedly to $3.5M in 2022. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 33%.
| Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 2.2 | 6.2 | 2.4 | 2.9% |
| Japan | 1.4 | 0.4 | 1.1 | 1.1 | -7.7% |
| Germany | 0.4 | 0.2 | N/A | N/A | -50.0% |
| China | 9.6 | 5.6 | 4.0 | N/A | -35.5% |
| France | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 13.8 | 8.8 | 11.7 | 3.5 | -36.7% |
Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to Hong Kong SAR in 2022:
- United States (597.5 tons)
- Japan (292.1 tons)
Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR
In 2022, exports of cellulose acetates; non-plasticised, in primary formses from Hong Kong SAR fell rapidly to 708 tons, declining by -77.7% compared with 2021 figures. Over the period under review, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 35%.
In value terms, exports of cellulose acetates; non-plasticised, in primary formses dropped markedly to $2.9M in 2022. In general, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 40%.
| Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.3 | 8.3 | 11.6 | 2.9 | -39.8% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 13.8 | 8.3 | 11.6 | 2.9 | -40.5% |
Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from Hong Kong SAR in 2022:
- China (707.7 tons)
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