Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria - 2023

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria (CIF) - 2023
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Bulgaria (CIF) - 2023

In December 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,223 per ton, which is down by -3.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 75% month-to-month. As a result, import price attained the peak level of $10,828 per ton. From February 2023 to December 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($5,186 per ton), while the price for China totaled $4,360 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+20.5%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $9,329 per ton, increasing by 21% against the previous year. In general, the export price showed a noticeable expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 85%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($27,802 per ton), while the average price for exports to Greece ($3,949 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 Russia (+21.6%), 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 Bulgaria

Imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Bulgaria expanded sharply to 1.9K tons in 2022, increasing by 6.9% compared with the year before. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $12M in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to continue growth in the near future.

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

1. Germany (1216.2 tons)
2. Belgium (214.1 tons)
3. China (183.8 tons)
4. South Korea (115.2 tons)
5. Poland (67.1 tons)
6. Sweden (40.2 tons)
7. Romania (11.4 tons)

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

For the third consecutive year, Bulgaria recorded decline in shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, which decreased by -37.6% to 14 tons in 2022. Over the period under review, exports recorded a sharp setback.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses contracted significantly to $134K in 2022. In general, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14%.

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

1. Romania (5.2 tons)
2. Russia (2.5 tons)
3. Germany (2.3 tons)
4. Switzerland (1.8 tons)
5. Poland (1.5 tons)
6. Hungary (0.6 tons)
7. Slovenia (0.3 tons)
8. Greece (0.2 tons)

Source: IndexBox Market Intelligence Platform