Price for Cellulose Acetates; Plasticised, in Primary Forms in the United States - 2024

Contents:

1. Price for Cellulose Acetates; Plasticised, in Primary Forms in the United States (FOB) - 2024
2. Price for Cellulose Acetates; Plasticised, in Primary Forms in the United States (CIF) - 2022
3. Exports of Cellulose Acetates; Plasticised, in Primary Forms in the United States
4. Imports of Cellulose Acetates; Plasticised, in Primary Forms in the United States

Price for Cellulose Acetates; Plasticised, in Primary Forms in the United States (FOB) - 2024

In December 2023, the average export price for cellulose acetates; plasticised, in primary formses amounted to $5,516 per ton, surging by 17% against the previous month. In general, the export price, however, recorded a slight descent. The growth pace was the most rapid in October 2023 when the average export price increased by 60% m-o-m. Over the period under review, the average export prices attained the peak figure at $7,636 per ton in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($10,666 per ton), while the average price for exports to Singapore ($4,273 per ton) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cellulose acetates; plasticised, in primary formses stood at $12,605 per ton in 2022, which is down by -51.3% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 an increase of 220%. Over the period under review, average import prices hit record highs at $25,882 per ton in 2021, and then fell rapidly in the following year.

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 the Czech Republic ($83,234 per ton), while the price for Taiwan (Chinese) ($2,146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+47.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of cellulose acetates; plasticised, in primary formses from the United States fell to 1.3K tons, shrinking by -2.8% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then dropped slightly in the following year.

In value terms, exports of cellulose acetates; plasticised, in primary formses expanded markedly to $8.4M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Mexico (294.9 tons)
2. China (266.8 tons)
3. Japan (243.9 tons)
4. Taiwan (Chinese) (134.3 tons)
5. Venezuela (48.7 tons)
6. South Korea (40.5 tons)
7. Guatemala (40.0 tons)
8. Canada (28.5 tons)
9. Indonesia (28.0 tons)
10. Hong Kong SAR (24.4 tons)
11. Brazil (20.4 tons)
12. United Arab Emirates (20.2 tons)

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

In 2022, imports of cellulose acetates; plasticised, in primary formses into the United States surged to 77 tons, jumping by 136% against the previous year's figure. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose acetates; plasticised, in primary formses rose sharply to $971K in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 131% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Taiwan (Chinese) (53.6 tons)
2. Czech Republic (8.0 tons)
3. Germany (4.6 tons)
4. China (2.8 tons)
5. India (2.4 tons)
6. Canada (1.7 tons)
7. Mexico (1.4 tons)

Source: IndexBox Market Intelligence Platform