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

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States (FOB) - 2023
  2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States (CIF) - 2023
  3. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States
  4. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States (FOB) - 2023

In December 2023, the average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $13,790 per ton, shrinking by -4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 17% month-to-month. As a result, the export price attained the peak level of $15,687 per ton. From May 2023 to December 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was South Korea ($31,986 per ton), while the average price for exports to Malaysia ($5,350 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States (CIF) - 2023

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $7,127 per ton in December 2023, growing by 3.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 7.7% m-o-m. As a result, import price reached the peak level of $8,147 per ton. From October 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($18,034 per ton), while the price for Turkey ($2,003 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from the United States dropped to 39K tons in 2022, reducing by -8% compared with the previous year's figure. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.4% against the previous year. As a result, the exports attained the peak of 42K tons, and then fell in the following year.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded sharply to $518M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India78.186.593.310410.0%
Belgium86.169.479.391.01.9%
China46.446.645.258.48.0%
Mexico30.530.834.034.84.5%
Canada30.635.932.631.91.4%
United Kingdom32.135.130.429.8-2.4%
Japan25.123.130.827.53.1%
Brazil18.518.416.124.29.4%
South Korea15.113.616.022.514.2%
Argentina5.47.27.36.88.0%
Thailand7.17.27.56.6-2.4%
Vietnam7.66.87.16.3-6.1%
Indonesia4.36.37.36.213.0%
Others71.259.565.668.2-1.4%
Total4584464735184.2%

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

  1. Belgium (7.0K tons)
  2. India (6.8K tons)
  3. China (3.9K tons)
  4. Mexico (3.8K tons)
  5. Canada (2.2K tons)
  6. United Kingdom (2.0K tons)
  7. Brazil (1.3K tons)
  8. South Korea (1.2K tons)
  9. Japan (1.1K tons)
  10. Indonesia (0.8K tons)
  11. Vietnam (0.8K tons)
  12. Thailand (0.7K tons)
  13. Argentina (0.6K tons)

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in the United States

In 2022, the amount of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses imported into the United States skyrocketed to 40K tons, with an increase of 15% compared with the previous year. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. 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 skyrocketed to $273M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany90.672.790.512310.7%
South Korea30.835.136.241.710.6%
Japan28.532.434.138.710.7%
Belgium25.533.030.635.411.6%
Sweden17.217.414.115.7-3.0%
China6.78.07.49.110.7%
Turkey0.50.30.12.161.3%
Others6.05.96.77.89.1%
Total2062052202739.8%

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

  1. Germany (19.3K tons)
  2. South Korea (6.0K tons)
  3. Belgium (4.9K tons)
  4. Japan (3.3K tons)
  5. Sweden (2.9K tons)
  6. China (1.5K tons)
  7. Turkey (1.0K tons)

Source: IndexBox Market Intelligence Platform

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