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

Contents:

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

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

In 2022, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $9,420 per ton, surging by 23% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 increased by +23.2% against 2017 indices. The growth pace was the most rapid in 2015 an increase of 44%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 United States ($56,739 per ton), while the price for China ($3,701 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 (+11.1%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $34,112 per ton, picking up by 14% against the previous year. Over the period under review, export price indicated resilient growth from 2015 to 2022: its price increased at an average annual rate of +6.8% over the last seven years. 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 +60.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Free Zones amounted to +6.8% per year.

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

Imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses into Uruguay dropped sharply to 49 tons in 2022, which is down by -16.2% on 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of 58 tons, and then contracted rapidly in the following year.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses rose to $461K in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13316521022419.0%
Colombia62.051.472.911522.9%
Germany61.963.464.249.1-7.4%
Taiwan (Chinese)8.917.528.038.763.2%
China9.716.217.115.015.6%
Brazil40.316.136.18.3-40.9%
India2.47.615.36.136.5%
Others17.313.33.54.8-34.8%
Total33535044746111.2%

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

  1. Colombia (20.1 tons)
  2. Netherlands (10.2 tons)
  3. Germany (9.1 tons)
  4. China (4.1 tons)
  5. Taiwan (Chinese) (3.0 tons)
  6. Brazil (1.2 tons)
  7. India (0.8 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of cellulose ethers; carboxymethylcellulose and its salts, in primary formses, when their volume increased by 253% to 3.9 tons. Over the period under review, exports enjoyed temperate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $133K in 2022. In general, exports enjoyed significant growth. 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones37.558.132.913352.5%
Spain36.9N/AN/AN/A0%
OthersN/A0.60.30.4-18.4%
Total74.458.733.213321.4%

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

  1. Free Zones (3.9 tons)

Source: IndexBox Market Intelligence Platform

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