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

Contents:

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

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

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $4,214 per ton in January 2024, surging by 17% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $5,282 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($14,275 per ton), while the price for Taiwan (Chinese) ($2,014 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 Japan (+2.8%), 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 Malaysia (FOB) - 2024

In January 2024, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $4,252 per ton, waning by -49.2% against the previous month. Overall, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in June 2023 an increase of 74% month-to-month. The export price peaked at $8,375 per ton in December 2023, and then shrank dramatically in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($16,830 per ton), while the average price for exports to Indonesia ($2,437 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.1%), 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 Malaysia

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses imported into Malaysia rose sharply to 5.3K tons, growing by 13% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $29M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.84.77.210.615.9%
Germany4.63.95.15.02.8%
United States2.92.72.54.011.3%
South Korea2.12.21.42.911.4%
Belgium1.81.21.31.7-1.9%
Sweden1.41.01.81.40.0%
Thailand0.20.30.20.535.7%
Taiwan (Chinese)1.61.31.30.3-42.8%
Others1.81.92.32.613.0%
Total23.219.223.129.07.7%

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

  1. China (2457.2 tons)
  2. Germany (759.8 tons)
  3. United States (651.0 tons)
  4. South Korea (541.3 tons)
  5. Sweden (240.4 tons)
  6. Belgium (211.0 tons)
  7. Thailand (92.0 tons)
  8. Taiwan (Chinese) (84.2 tons)

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Malaysia expanded notably to 325 tons, growing by 9.6% against the previous year's figure. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $1.9M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar20.4N/A30.9346156.9%
Singapore414387566296-10.6%
Vietnam18.485.255.7242136.0%
Iran35.6N/AN/A22986.0%
PhilippinesN/AN/A14720640.1%
Japan119N/A63.31579.7%
Sri Lanka10497.71361204.9%
Thailand91.22091521199.3%
AustraliaN/AN/A12.432.2159.7%
United StatesN/AN/A14628.5-80.5%
Indonesia13.917834.09.2-12.9%
China36.113.463.3N/A32.4%
Djibouti42.054.229.0N/A-16.9%
Others89.086.635.586.4-1.0%
Total9831,1121,4711,87123.9%

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

  1. Philippines (54.8 tons)
  2. Qatar (46.9 tons)
  3. Thailand (44.2 tons)
  4. Iran (43.7 tons)
  5. Singapore (41.1 tons)
  6. Japan (21.8 tons)
  7. Vietnam (21.2 tons)
  8. Sri Lanka (13.4 tons)
  9. Australia (13.2 tons)
  10. United States (4.0 tons)
  11. Indonesia (1.7 tons)

Source: IndexBox Market Intelligence Platform

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