Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea - 2022

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (FOB) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (CIF) - 2022
  3. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea
  4. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (FOB) - 2022

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $3,503 per ton, surging by 6.5% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 7.8%. The export price peaked at $4,889 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the United States ($8,499 per ton), while the average price for exports to Japan ($2,719 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 Australia (+1.5%), while the prices for the other major destinations experienced a decline.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (CIF) - 2022

In 2022, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $4,151 per ton, rising by 32% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cellulose nitrates (including collodions); in primary formses increased by +38.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 78%. As a result, import price reached the peak level of $5,535 per ton. From 2017 to 2022, 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 France ($24,738 per ton), while the price for Thailand ($3,140 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea

In 2022, shipments abroad of cellulose nitrates (including collodions); in primary formses increased by 11% to 767 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump.

In value terms, exports of cellulose nitrates (including collodions); in primary formses soared to $2.7M in 2022. In general, exports, however, faced a abrupt shrinkage.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,8742,2761,9551,031-28.9%
MoroccoN/AN/AN/A5620%
United States13312625.135839.1%
China45.90.438.230788.4%
France15114868.127221.7%
Australia193N/AN/A141-9.9%
Indonesia410395122N/A-45.5%
Others38.742.462.314.1-28.6%
Total3,8462,9882,2712,685-11.3%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from South Korea in 2022:

  1. Japan (379.2 tons)
  2. Morocco (144.0 tons)
  3. China (87.4 tons)
  4. France (76.8 tons)
  5. United States (42.1 tons)
  6. Australia (33.6 tons)

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea

In 2022, approx. 239 tons of cellulose nitrates (including collodions); in primary formses were imported into South Korea; shrinking by -76% against the previous year. Over the period under review, imports faced a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. As a result, imports reached the peak of 997 tons, and then reduced markedly in the following year.

In value terms, imports of cellulose nitrates (including collodions); in primary formses contracted dramatically to $991K in 2022. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, imports reached the peak of $3.1M, and then reduced dramatically in the following year.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0266191,084285-34.8%
Thailand280192636233-5.9%
FranceN/AN/AN/A2120%
Brazil269159437141-19.4%
Taiwan (Chinese)28215861780.3-34.2%
Germany51721326537.2-58.4%
Others40.447.783.22.7-59.4%
Total2,4141,3893,122991-25.7%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to South Korea in 2022:

  1. China (86.6 tons)
  2. Thailand (74.3 tons)
  3. Brazil (42.0 tons)
  4. Taiwan (Chinese) (19.1 tons)
  5. France (8.6 tons)
  6. Germany (7.8 tons)

Source: IndexBox Market Intelligence Platform

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