Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines - 2023
Contents:
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines (CIF) - 2022
- Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines (FOB) - 2022
- Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines
- Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines
Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines (CIF) - 2022
The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $5,984 per ton in 2022, increasing by 14% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 27%. As a result, import price reached the peak level of $6,535 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 the United States ($9,455 per ton), while the price for Sri Lanka ($864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), 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 the Philippines (FOB) - 2022
The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $9,785 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price enjoyed slight growth. The growth pace was the most rapid in 2019 an increase of 39% against the previous year. 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.
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 Taiwan (Chinese) ($15,510 per ton), while the average price for exports to Singapore ($5,049 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 China (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines
In 2022, approx. 2.4K tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were imported into the Philippines; picking up by 12% against 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses skyrocketed to $14M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2.4 | 1.1 | 2.8 | 3.8 | 16.6% |
| Germany | 2.4 | 1.3 | 2.2 | 3.6 | 14.5% |
| United States | 1.9 | 1.3 | 2.5 | 2.8 | 13.8% |
| China | 1.1 | 1.5 | 1.8 | 2.8 | 36.5% |
| Sweden | 0.9 | 0.6 | 0.8 | 0.3 | -30.7% |
| Sri Lanka | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.6 | 1.2 | 1.1 | 1.1 | -11.7% |
| Total | 10.5 | 7.1 | 11.3 | 14.5 | 11.4% |
Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to the Philippines in 2022:
- China (724.2 tons)
- South Korea (657.3 tons)
- Germany (425.0 tons)
- United States (301.1 tons)
- Sri Lanka (218.1 tons)
- Sweden (45.9 tons)
Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines
After two years of decline, shipments abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses decreased by 0% to 2.3 tons in 2022. Overall, exports showed a significant decline. The smallest decline of 99.9% was in 2020.
In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $23K in 2022. In general, exports saw a precipitous decline. The smallest decline of 99.9% was in 2020.
| Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 9.3 | 0% |
| Indonesia | 50.1 | N/A | N/A | 7.2 | -47.6% |
| Taiwan (Chinese) | 17.1 | N/A | N/A | 4.7 | -35.0% |
| Singapore | 3.1 | N/A | N/A | 0.8 | -36.3% |
| Others | 0.9 | N/A | N/A | 0.4 | -23.7% |
| Total | 71.2 | N/A | N/A | 22.5 | -31.9% |
Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from the Philippines in 2022:
- Indonesia (1020.0 kg)
- Oman (802.0 kg)
- Taiwan (Chinese) (306.0 kg)
- Singapore (163.0 kg)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in the Philippines.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in the Philippines.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
