Price for Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka - 2022

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka (CIF) - 2022
  2. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka

Price for Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka (CIF) - 2022

In 2022, the average import price for cellulose acetates; plasticised, in primary formses amounted to $12,661 per ton, reducing by -41.6% against the previous year. Over the period under review, the import price, however, saw notable growth. The growth pace was the most rapid in 2015 an increase of 73%. The import price peaked at $22,087 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,641 per ton), while the price for Malaysia ($4,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.9%), while the prices for the other major suppliers experienced a decline.

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka

In 2022, overseas purchases of cellulose acetates; plasticised, in primary formses decreased by -5.2% to 2.2 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 268%. As a result, imports reached the peak of 4.8 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cellulose acetates; plasticised, in primary formses contracted markedly to $27K in 2022. Overall, imports saw a slight slump. The most prominent rate of growth was recorded in 2020 when imports increased by 173%. As a result, imports attained the peak of $78K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.350.240.915.47.8%
China15.225.96.510.2-12.5%
Malaysia0.81.51.31.111.2%
Others0.40.70.70.614.5%
Total28.778.449.327.3-1.7%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Sri Lanka in 2022:

  1. China (1205.0 kg)
  2. United States (680.0 kg)
  3. Malaysia (238.0 kg)

Source: IndexBox Market Intelligence Platform

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