Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK - 2023

Contents:

  1. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK (CIF) - 2023
  2. Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK (FOB) - 2022
  3. Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK
  4. Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK (CIF) - 2023

In December 2023, the average import price for cellulose acetates; non-plasticised, in primary formses amounted to $3,232 per ton, waning by -2.6% against the previous month. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 2,386% month-to-month. As a result, import price reached the peak level of $84,063 per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From December 2022 to December 2023, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per month.

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

The average export price for cellulose acetates; non-plasticised, in primary formses stood at $7,953 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the export price saw a prominent increase. The growth pace was the most rapid in 2020 an increase of 207% against the previous year. As a result, the export price attained the peak level of $12,933 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($69,190 per ton), while the average price for exports to Turkey ($3,067 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 Ireland (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK

After two years of decline, overseas purchases of cellulose acetates; non-plasticised, in primary formses increased by 102% to 1.3K tons in 2022. Overall, imports, however, saw a relatively flat trend pattern.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses surged to $5.2M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.23.22.03.2152.0%
ChinaN/A0.22.41.0123.6%
NetherlandsN/AN/AN/A0.90%
Germany0.20.2N/A0.1-20.6%
Mexico3.3N/AN/AN/A0%
Others0.2N/A0.10.20.0%
Total4.03.64.55.29.1%

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

  1. United States (1088.8 tons)
  2. Netherlands (135.4 tons)
  3. China (60.1 tons)
  4. Germany (12.4 tons)

Exports of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK

Exports of cellulose acetates; non-plasticised, in primary formses from the UK shrank to 92 tons in 2022, with a decrease of -13.3% against the previous year's figure. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when exports increased by 199%. As a result, the exports attained the peak of 106 tons, and then fell in the following year.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses reduced to $729K in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports reached the peak of $751K, and then reduced modestly in the following year.

Export of Cellulose Acetates; Non-Plasticised, in Primary Forms in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.83.8102474210.7%
France20.4258299207116.5%
Ireland33410730.914.9-64.5%
Norway2.6N/AN/A11.061.7%
Turkey1.723.56.34.336.3%
BelgiumN/AN/A186N/A0%
Saudi Arabia3.0N/A63.6N/A360.4%
Others44.665.663.317.6-26.7%
Total42245875172920.0%

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

  1. United States (82.3 tons)
  2. France (3.0 tons)
  3. Norway (2.6 tons)
  4. Turkey (1.4 tons)
  5. Ireland (1.4 tons)

Source: IndexBox Market Intelligence Platform

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