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

Contents:

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

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

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,394 per ton in 2022, rising by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 24%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($4,394 per ton) and China ($4,394 per ton), while the price for Italy ($4,394 per ton) and France ($4,394 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $1,408 per ton in 2022, declining by -86.7% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 374% against the previous year. As a result, the export price reached the peak level of $10,559 per ton, and then contracted sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($8,275 per ton), while the average price for exports to the United Arab Emirates ($850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+234.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, when their volume increased by 19% to 2.9K tons. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $13M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.12.72.14.226.0%
Turkey2.31.71.82.52.8%
India0.30.50.71.467.1%
Finland0.60.50.51.329.4%
Germany1.51.60.91.0-12.6%
Italy1.30.90.60.6-22.7%
Ireland0.50.50.10.50.0%
France0.90.70.40.3-30.7%
Others1.01.62.11.00.0%
Total10.410.79.312.87.2%

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

  1. China (962.7 tons)
  2. Turkey (565.4 tons)
  3. India (321.7 tons)
  4. Finland (298.1 tons)
  5. Germany (238.7 tons)
  6. Italy (135.8 tons)
  7. Ireland (108.1 tons)
  8. France (71.6 tons)

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

In 2022, shipments abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses increased by 3,589% to 30 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp curtailment.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $43K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decrease.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A4.5N/A20.7114.5%
MoroccoN/A30.9N/A13.8-33.2%
Bulgaria1.86.18.78.366.4%
Thailand225112N/AN/A-50.2%
OthersN/AN/AN/AN/A0%
Total2271538.742.7-42.7%

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

  1. United Arab Emirates (24.4 tons)
  2. Morocco (5.0 tons)
  3. Bulgaria (1.0 tons)

Source: IndexBox Market Intelligence Platform

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