Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Russia - 2022

Contents:

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

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

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $2,429 per ton, with an increase of 19% against the previous year. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40%. As a result, import price reached the peak level of $2,738 per ton. From 2017 to 2022, the average 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 Germany ($5,651 per ton), while the price for Turkey ($1,813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), 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 Russia (FOB) - 2022

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $3,692 per ton in 2022, rising by 42% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses increased by +72.9% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Uzbekistan ($6,234 per ton), while the average price for exports to Kyrgyzstan ($1,714 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 Tajikistan (+57.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of cellulose ethers; carboxymethylcellulose and its salts, in primary formses increased by 31% to 20K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $48M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +75.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Turkey (8.1K tons)
2. China (4.8K tons)
3. Uzbekistan (4.3K tons)
4. Finland (0.9K tons)
5. Italy (0.3K tons)

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

Exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses from Russia dropped remarkably to 591 tons in 2022, with a decrease of -56.3% compared with the year before. In general, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses reduced sharply to $2.2M in 2022. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports reached the peak of $3.5M, and then shrank dramatically in the following year.

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

1. Kazakhstan (496.3 tons)
2. Uzbekistan (30.2 tons)
3. Tajikistan (19.6 tons)
4. Kyrgyzstan (13.7 tons)
5. Indonesia (11.7 tons)
6. Latvia (10.4 tons)

Source: IndexBox Market Intelligence Platform