Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan - 2023

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (CIF) - 2022
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (FOB) - 2022
  3. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan
  4. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (CIF) - 2022

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $2,626 per ton, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the maximum at $3,274 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,500 per ton), while the price for China ($2,252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,793 per ton in 2022, growing by 27% against the previous year. In general, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 55%. Over the period under review, the average export prices reached the maximum at $13,467 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($11,294 per ton), while the average price for exports to Uzbekistan stood at $4,366 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+6.5%).

Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan

In 2022, approx. 542 tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were imported into Azerbaijan; growing by 23% compared with 2021 figures. In general, imports, however, recorded a abrupt decline.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $1.4M in 2022. Overall, imports recorded a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey9883237051,0943.5%
Italy1.30.6122147383.6%
China1113051851356.7%
Finland21729.417.3N/A-71.8%
Others26.413.22.146.320.6%
Total1,3446721,0311,4231.9%

Top Suppliers of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms to Azerbaijan in 2022:

  1. Turkey (438.6 tons)
  2. China (59.9 tons)
  3. Italy (33.3 tons)

Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan

In 2022, shipments abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses increased by 119% to 5.5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep downturn.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $26K in 2022. Overall, exports continue to indicate a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan5.2N/A5.422.663.2%
GeorgiaN/AN/A4.13.8-7.3%
RussiaN/A12.2N/AN/A0%
Kazakhstan19.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total24.912.29.526.52.1%

Top Export Markets for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms from Azerbaijan in 2022:

  1. Uzbekistan (5.2 tons)
  2. Georgia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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