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

Contents:

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

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

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,036 per ton in 2022, growing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($18,975 per ton), while the price for Turkey ($2,202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.6%), 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 Singapore (FOB) - 2022

In 2022, the average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $3,901 per ton, shrinking by -3.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of 21%. The export price peaked at $5,621 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($10,297 per ton), while the average price for exports to the United Arab Emirates ($2,286 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 Indonesia (+5.6%), 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 Singapore

In 2022, supplies from abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses was finally on the rise to reach 980 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic shrinkage.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $4M in 2022. Overall, imports, however, recorded a dramatic contraction.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1769081,0231,693-8.0%
Finland3,252749608793-37.5%
Netherlands0.40.15385711026.0%
France19224832136624.0%
United States849652104132-46.2%
Turkey17314894.165.5-27.7%
PolandN/AN/AN/A53.30%
India5821768.84.3-80.5%
ItalyN/A11481.1N/A-28.9%
Others860632342277-31.5%
Total8,0843,6253,1193,955-21.2%

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

  1. China (667.4 tons)
  2. Finland (122.2 tons)
  3. United States (49.0 tons)
  4. France (31.8 tons)
  5. Netherlands (30.1 tons)
  6. Turkey (29.8 tons)
  7. Poland (19.8 tons)
  8. India (1.3 tons)

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

For the third consecutive year, Singapore recorded decline in overseas shipments of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, which decreased by -2% to 775 tons in 2022. Overall, exports recorded a dramatic decrease.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses fell to $3M in 2022. In general, exports saw a precipitous curtailment.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2,9181,2438.8924-31.8%
Malaysia27141854250723.2%
Vietnam23013125241922.1%
Australia1,661814531398-37.9%
Bangladesh2203407592484.1%
Indonesia248274319216-4.5%
Thailand19616810878.8-26.2%
United Arab EmiratesN/AN/A11.631.4170.7%
India99.80.315710.8-52.3%
Philippines27460.11040.8-85.7%
Russia459103N/AN/A-77.6%
Peru610194N/AN/A-68.2%
Others863544402189-39.7%
Total8,0514,2883,1943,024-27.8%

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

  1. Taiwan (Chinese) (222.3 tons)
  2. Australia (162.5 tons)
  3. Malaysia (127.0 tons)
  4. Vietnam (105.2 tons)
  5. Bangladesh (46.8 tons)
  6. Thailand (30.3 tons)
  7. Indonesia (24.9 tons)
  8. United Arab Emirates (13.7 tons)
  9. India (1.8 tons)
  10. Philippines (0.2 tons)

Source: IndexBox Market Intelligence Platform

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