Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Hong Kong SAR - 2023

Contents:

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

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

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $9,658 per ton, reducing by -17% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 ethers; carboxymethylcellulose and its salts, in primary formses decreased by -0.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 56%. The import price peaked at $14,634 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 France ($148,906 per ton), while the price for China ($2,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+40.4%), 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 Hong Kong SAR (FOB) - 2022

In 2022, the average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $11,228 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 75%. Over the period under review, the average export prices hit record highs at $14,685 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.8% per year.

Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in purchases abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, when their volume decreased by -20.6% to 230 tons. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 111%. As a result, imports reached the peak of 289 tons, and then contracted remarkably in the following year.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses shrank remarkably to $2.2M in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 87%. As a result, imports attained the peak of $3.4M, and then fell markedly in the following year.

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

1. Japan (132.4 tons)
2. China (37.7 tons)
3. Finland (35.1 tons)
4. Germany (12.4 tons)
5. United States (7.8 tons)

Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Hong Kong SAR

In 2022, shipments abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses decreased by -54.2% to 153 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 334 tons, and then declined rapidly in the following year.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses declined dramatically to $1.7M in 2022. Overall, exports showed a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports reached the peak of $3.8M, and then contracted markedly in the following year.

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

1. China (153.2 tons)

Source: IndexBox Market Intelligence Platform