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

Contents:

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

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

In February 2024, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,074 per ton, increasing by 22% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $7,484 per ton in July 2023; however, from August 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($21,050 per ton), while the price for China ($3,076 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Belgium (+3.5%), while the prices for the other major suppliers experienced a decline.

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

In February 2024, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $48,541 per ton, picking up by 151% against the previous month. Over the period under review, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in January 2024 an increase of 185% m-o-m. The export price peaked in February 2024.

There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Chile ($86,515 per ton), while the average price for exports to Uruguay ($28,975 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+33.9%), 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 Brazil

Imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Brazil skyrocketed to 19K tons in 2022, surging by 35% on the year before. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $130M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Brazil in 2022:

1. China (9.9K tons)
2. Germany (5.1K tons)
3. South Korea (1.3K tons)
4. United States (1.2K tons)
5. Belgium (0.5K tons)
6. Saudi Arabia (0.3K tons)

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Brazil surged to 447 tons, increasing by 23% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 212%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses rose markedly to $6M in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 81%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

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

1. Argentina (121.5 tons)
2. Honduras (100.0 tons)
3. United States (53.1 tons)
4. Paraguay (39.0 tons)
5. Bolivia (27.5 tons)
6. Uruguay (24.8 tons)
7. Ecuador (23.4 tons)
8. Chile (16.7 tons)
9. Costa Rica (15.0 tons)
10. Colombia (5.6 tons)
11. Mexico (3.5 tons)

Source: IndexBox Market Intelligence Platform