Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea - 2022

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (CIF) - 2022
  2. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (FOB) - 2022
  3. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea
  4. Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (CIF) - 2022

The average import price for cellulose acetates; non-plasticised, in primary formses stood at $3,767 per ton in December 2022, rising by 9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in February 2022 an increase of 20% m-o-m. As a result, import price reached the peak level of $3,821 per ton; afterwards, it flattened through to December 2022.

Prices varied noticeably by the country of origin: the country with the highest price was China ($5,123 per ton), while the price for the United States ($3,278 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (FOB) - 2022

In 2022, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $8,626 per ton, declining by -20.7% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 187% against the previous year. As a result, the export price attained the peak level of $15,840 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($27,361 per ton), while the average price for exports to India ($4,140 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 Vietnam (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea

In 2022, the amount of cellulose acetates; non-plasticised, in primary formses imported into South Korea shrank rapidly to 19K tons, with a decrease of -19.6% against the previous year's figure. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 5.2% against the previous year.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses dropped to $66M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 4.9%.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States71.061.868.757.8-6.6%
China9.811.18.16.0-15.1%
Others0.20.50.42.0115.4%
Total81.073.577.165.8-6.7%

Top Suppliers of Cellulose Acetates; Non-Plasticised, in Primary Forms to South Korea in 2022:

  1. United States (17.4K tons)
  2. China (1.2K tons)

Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea

Exports of cellulose acetates; non-plasticised, in primary formses from South Korea skyrocketed to 3.2 tons in 2022, picking up by 550% on the year before. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 7,161%. As a result, the exports attained the peak of 341 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses surged to $28K in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 2,747%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A7.80%
IndiaN/AN/A1.75.8241.2%
China6.18.60.65.7-2.2%
Uzbekistan0.61.62.64.9101.4%
Vietnam32.9N/AN/A3.3-53.5%
United States9.61,394N/AN/A14420.8%
Others0.10.40.50.344.2%
Total49.31,4055.427.7-17.5%

Top Export Markets for Cellulose Acetates; Non-Plasticised, in Primary Forms from South Korea in 2022:

  1. India (1390.0 kg)
  2. Pakistan (895.0 kg)
  3. China (541.0 kg)
  4. Vietnam (200.0 kg)
  5. Uzbekistan (180.0 kg)

Source: IndexBox Market Intelligence Platform

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