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

Contents:

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

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

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $4,923 per ton in 2021, which is down by -11.2% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +10.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by +54.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 74% against the previous year. As a result, the export price attained the peak level of $5,544 per ton, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Jordan ($7,510 per ton), while the average price for exports to the United States ($3,239 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.7%), while the prices for the other major destinations experienced a decline.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Saudi Arabia (CIF) - 2022

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $4,773 per ton in 2021, flattening at the previous year. In general, the import price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2015 an increase of 17%. As a result, import price reached the peak level of $4,954 per ton. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,941 per ton), while the price for China ($4,105 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Saudi Arabia surged to 139 tons, with an increase of 53% on the previous year's figure. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 158% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $639K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (25.3 tons)
2. United Arab Emirates (17.1 tons)
3. Pakistan (14.1 tons)
4. Qatar (13.1 tons)
5. Bahrain (11.0 tons)
6. Jordan (6.5 tons)

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

In 2021, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses imported into Saudi Arabia soared to 12K tons, rising by 50% compared with 2020 figures. Over the period under review, total imports indicated a significant expansion from 2019 to 2021: its volume increased at an average annual rate of +21.5% over the last two-year period. The trend pattern, however, 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.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $56M in 2021. In general, total imports indicated significant growth from 2019 to 2021: its value increased at an average annual rate of +21.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.2% against 2019 indices. 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 Saudi Arabia in 2022:

1. Germany (4.6K tons)
2. China (3.0K tons)
3. Sweden (2.0K tons)
4. United States (0.8K tons)
5. Netherlands (0.6K tons)
6. Belgium (0.6K tons)

Source: IndexBox Market Intelligence Platform