Price for Cellulose Acetates; Plasticised, in Primary Forms in Turkey - 2023
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Turkey (CIF) - 2022
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Turkey (FOB) - 2022
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in Turkey
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in Turkey
Price for Cellulose Acetates; Plasticised, in Primary Forms in Turkey (CIF) - 2022
In 2022, the average import price for cellulose acetates; plasticised, in primary formses amounted to $5,909 per ton, standing approx. at the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellulose acetates; plasticised, in primary formses increased by +139.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 110% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7,266 per ton), while the price for the United States ($5,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cellulose Acetates; Plasticised, in Primary Forms in Turkey (FOB) - 2022
In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $7,540 per ton, picking up by 13% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 92% against the previous year. The export price peaked at $11,961 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +83.3% per year.
Imports of Cellulose Acetates; Plasticised, in Primary Forms in Turkey
In 2022, approx. 75 tons of cellulose acetates; plasticised, in primary formses were imported into Turkey; shrinking by -3.9% compared with 2021. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 47%.
In value terms, imports of cellulose acetates; plasticised, in primary formses shrank slightly to $445K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports attained the peak of $461K, and then fell in the following year.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 178 | 274 | 439 | 371 | 27.7% |
| United States | N/A | N/A | N/A | 47.5 | 0% |
| China | N/A | 0.1 | 17.0 | 23.3 | 1426.4% |
| Portugal | 113 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 1.8 | 5.2 | 3.4 | 19.3% |
| Total | 293 | 276 | 461 | 445 | 14.9% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Turkey in 2022:
- Italy (63.1 tons)
- United States (8.6 tons)
- China (3.2 tons)
Exports of Cellulose Acetates; Plasticised, in Primary Forms in Turkey
In 2022, the amount of cellulose acetates; plasticised, in primary formses exported from Turkey skyrocketed to 1.5 tons, increasing by 2,043% compared with the previous year. Over the period under review, exports posted significant growth.
In value terms, exports of cellulose acetates; plasticised, in primary formses skyrocketed to $11K in 2022. In general, exports showed a resilient increase.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 11.3 | 0% |
| Somalia | N/A | 12.9 | N/A | N/A | 0% |
| Germany | N/A | N/A | 0.5 | N/A | 0% |
| Iraq | 7.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 7.4 | 12.9 | 0.5 | 11.3 | 15.2% |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Turkey in 2022:
- Russia (1.5 tons)
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