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

Contents:

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

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

In 2022, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $13,127 per ton, growing by 23% against the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($20,992 per ton), while the price for China ($4,817 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.9%), 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 Singapore (FOB) - 2022

In 2022, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $21,733 per ton, surging by 18% against the previous year. Overall, the export price recorded a strong increase. The growth pace was the most rapid in 2019 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($43,161 per ton), while the average price for exports to Mauritius ($4,829 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 Vietnam (+20.0%), 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 Singapore

In 2022, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Singapore dropped to 1.1K tons, flattening at the year before. In general, imports saw a abrupt curtailment.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $14M in 2022. Overall, imports showed a slight downturn.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.69.66.09.43.0%
Japan1.61.52.11.95.9%
China1.50.91.21.0-12.6%
South Korea0.60.40.40.75.3%
Germany0.80.50.70.4-20.6%
Netherlands0.1N/A0.10.344.2%
Belgium0.30.10.10.2-12.6%
Sweden0.70.40.40.1-47.7%
Others0.20.20.50.20.0%
Total14.513.611.514.1-0.9%

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

  1. United States (518.1 tons)
  2. China (209.3 tons)
  3. Japan (88.7 tons)
  4. South Korea (85.0 tons)
  5. Netherlands (65.2 tons)
  6. Germany (53.8 tons)
  7. Sweden (20.5 tons)
  8. Belgium (19.7 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, when their volume increased by 11% to 493 tons. In general, exports, however, showed a abrupt decline.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $11M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2,0592,0061,7083,36617.8%
Indonesia1,7651,3911,6722,44211.4%
Taiwan (Chinese)9368191,0961,0062.4%
Thailand1,0321,038835965-2.2%
Philippines8181,3257869234.1%
Malaysia8337517498862.1%
Australia277199123269-1.0%
Netherlands47.538.364.114645.4%
China208154139127-15.2%
South Korea48761364.5118-37.7%
Brunei Darussalam55.059.366.644.8-6.6%
Mauritius1031331796.5-60.2%
United States3892261301.0-86.3%
Others497220575419-5.5%
Total9,5048,9718,18710,7194.1%

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

  1. Malaysia (126.3 tons)
  2. Indonesia (107.4 tons)
  3. Vietnam (78.0 tons)
  4. Thailand (42.3 tons)
  5. Taiwan (Chinese) (31.8 tons)
  6. Philippines (31.8 tons)
  7. Netherlands (18.9 tons)
  8. Australia (16.1 tons)
  9. Brunei Darussalam (5.7 tons)
  10. China (5.2 tons)
  11. South Korea (4.5 tons)
  12. Mauritius (1.3 tons)

Source: IndexBox Market Intelligence Platform

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