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

Contents:

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

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the United States (FOB) - 2023

In December 2023, the average export price for cellulose acetates; non-plasticised, in primary formses amounted to $3,650 per ton, declining by -2.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 14% month-to-month. The export price peaked at $3,735 per ton in November 2023, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($49,467 per ton), while the average price for exports to Lithuania ($2,591 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cellulose Acetates; Non-Plasticised, in Primary Forms in the United States (CIF) - 2022

In 2022, the average import price for cellulose acetates; non-plasticised, in primary formses amounted to $5,000 per ton, waning by -41.8% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 148% against the previous year. The import price peaked at $27,267 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($11,181 per ton), while the price for the Netherlands ($2,808 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of cellulose acetates; non-plasticised, in primary formses, when their volume decreased by -7.7% to 149K tons. The total export volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 161K tons, and then declined in the following year.

In value terms, exports of cellulose acetates; non-plasticised, in primary formses dropped to $471M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. As a result, the exports reached the peak of $528M, and then dropped in the following year.

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

1. China (35.8K tons)
2. Germany (32.9K tons)
3. Belgium (31.4K tons)
4. South Korea (17.6K tons)
5. Brazil (14.2K tons)
6. Italy (4.0K tons)
7. Japan (3.5K tons)
8. Russia (1.2K tons)

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

In 2022, imports of cellulose acetates; non-plasticised, in primary formses into the United States soared to 926 tons, jumping by 135% on 2021 figures. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 159% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellulose acetates; non-plasticised, in primary formses surged to $4.6M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (402.4 tons)
2. China (366.4 tons)
3. India (89.9 tons)
4. Japan (34.0 tons)
5. Netherlands (18.0 tons)
6. France (6.8 tons)
7. Colombia (1.8 tons)

Source: IndexBox Market Intelligence Platform