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

Contents:

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

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

In January 2024, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $6,785 per ton, picking up by 23% against the previous month. In general, the import price, however, continues to indicate a mild shrinkage. Over the period under review, average import prices attained the maximum at $8,275 per ton in May 2023; however, from June 2023 to January 2024, import prices stood at a somewhat lower figure.

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 ($35,933 per ton), while the price for South Korea ($1,100 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 the Netherlands (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,442 per ton in 2022, dropping by -10.2% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 16%. Over the period under review, the average export prices reached the maximum at $12,642 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($10,239 per ton), while the average price for exports to Hungary ($5,067 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 Greece (+9.0%), 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 Serbia

After three years of growth, purchases abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by -3.9% to 2.8K tons in 2022. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of 2.9K tons, and then shrank in the following year.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses rose sharply to $17M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Germany (1808.4 tons)
2. China (404.4 tons)
3. Belgium (239.6 tons)
4. South Korea (108.4 tons)
5. Netherlands (73.2 tons)
6. Sweden (56.7 tons)
7. Italy (49.4 tons)

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

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses exported from Serbia surged to 277 tons, jumping by 68% against the year before. In general, exports enjoyed a significant increase. As a result, the exports reached the peak 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 soared to $1.8M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 76%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. North Macedonia (179.1 tons)
2. Bosnia and Herzegovina (45.0 tons)
3. Poland (21.3 tons)
4. Greece (9.7 tons)
5. Germany (7.0 tons)
6. Hungary (6.0 tons)
7. Montenegro (5.3 tons)

Source: IndexBox Market Intelligence Platform