Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia - 2024

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia (CIF) - 2024
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia (CIF) - 2024

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,090 per ton in January 2024, reducing by -22.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 30% against the previous month. Over the period under review, average import prices hit record highs at $8,907 per ton in April 2023; however, from May 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($9,961 per ton), while the price for China ($3,052 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Belgium (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,283 per ton, declining by -2.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,887 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($8,827 per ton), while the average price for exports to Germany ($3,000 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 Hong Kong SAR (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia

For the fourth consecutive year, Australia recorded growth in supplies from abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which increased by 3.5% to 3.5K tons in 2022. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 5.6% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $26M in 2022. The total import value increased at an average annual rate of +13.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Australia in 2022:

1. Germany (1324.8 tons)
2. China (1284.6 tons)
3. Belgium (295.5 tons)
4. United States (251.8 tons)
5. South Korea (134.0 tons)
6. Japan (70.6 tons)
7. Sweden (46.1 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Australia

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Australia fell notably to 79 tons, which is down by -42.7% against 2021. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 21%.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses contracted markedly to $495K in 2022. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 46%.

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Australia in 2022:

1. Indonesia (36.5 tons)
2. Malaysia (18.5 tons)
3. New Zealand (11.6 tons)
4. Canada (5.3 tons)
5. China (2.0 tons)
6. Fiji (1.9 tons)
7. United Arab Emirates (1.4 tons)

Source: IndexBox Market Intelligence Platform