Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Spain - 2023

Contents:

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

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

The average import price for cellulose nitrates (including collodions); in primary formses stood at $4,075 per ton in 2022, surging by 11% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 75%. Over the period under review, average import prices attained the maximum at $4,441 per ton in 2014; however, from 2015 to 2022, 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 France ($8,028 per ton), while the price for Sweden ($2,244 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+50.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $2,750 per ton, falling by -35.7% against the previous year. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $4,276 per ton, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,374 per ton), while the average price for exports to Turkey ($2,138 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 Indonesia (+0.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of cellulose nitrates (including collodions); in primary formses imported into Spain rose to 3.7K tons, surging by 4.9% against the previous year's figure. In general, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 5.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cellulose nitrates (including collodions); in primary formses surged to $15M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (1216.2 tons)
2. Thailand (1071.5 tons)
3. France (482.8 tons)
4. Brazil (395.3 tons)
5. Czech Republic (88.9 tons)
6. Finland (78.6 tons)
7. Sweden (70.1 tons)

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

Exports of cellulose nitrates (including collodions); in primary formses from Spain surged to 761 tons in 2022, jumping by 51% on the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose nitrates (including collodions); in primary formses shrank slightly to $2.1M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42%. As a result, the exports reached the peak of $2.2M, and then reduced in the following year.

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

1. Italy (250.6 tons)
2. Indonesia (90.9 tons)
3. Bangladesh (67.1 tons)
4. France (53.3 tons)
5. Portugal (44.9 tons)
6. Ireland (39.0 tons)
7. Ethiopia (31.8 tons)
8. Dominican Republic (27.2 tons)
9. Netherlands (23.0 tons)
10. Turkey (18.4 tons)
11. Poland (17.3 tons)
12. Guatemala (15.4 tons)
13. Germany (13.3 tons)

Source: IndexBox Market Intelligence Platform