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

Contents:

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

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

The average import price for cellulose nitrates (including collodions); in primary formses stood at $3,714 per ton in 2022, rising by 26% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($3,714 per ton) and Thailand ($3,714 per ton), while the price for China ($3,714 per ton) and the United States ($3,714 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cellulose nitrates (including collodions); in primary formses amounted to $3,245 per ton, picking up by 25% against the previous year. Overall, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 1,020%. As a result, the export price attained the peak level of $7,209 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($3,245 per ton), while the average price for exports to South Korea stood at $3,245 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+3.7%).

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

In 2022, supplies from abroad of cellulose nitrates (including collodions); in primary formses decreased by -23.5% to 11K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 2.2% against the previous year. As a result, imports reached the peak of 15K 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 shrank modestly to $42M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1.5% against the previous year. As a result, imports attained the peak of $44M, and then shrank in the following year.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.719.223.221.14.1%
Taiwan (Chinese)16.715.112.811.4-11.9%
Thailand5.25.25.36.89.4%
Indonesia0.50.20.10.817.0%
Brazil1.11.11.00.7-14.0%
United StatesN/A1.30.20.7-26.6%
Others1.00.81.00.6-15.7%
Total43.243.043.642.0-0.9%

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

  1. China (5.7K tons)
  2. Taiwan (Chinese) (3.1K tons)
  3. Thailand (1.8K tons)
  4. Brazil (0.2K tons)
  5. Indonesia (0.2K tons)
  6. United States (0.2K tons)

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

In 2022, approx. 2.8 tons of cellulose nitrates (including collodions); in primary formses were exported from Vietnam; waning by -89.6% on 2021 figures. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 268% against the previous year. As a result, the exports reached the peak of 27 tons, and then contracted significantly in the following year.

In value terms, exports of cellulose nitrates (including collodions); in primary formses contracted markedly to $9.1K in 2022. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 254%. As a result, the exports attained the peak of $70K, and then dropped notably in the following year.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar39.619.95.84.8-50.5%
South KoreaN/AN/AN/A4.30%
ChinaN/AN/A64.4N/A0%
OthersN/AN/AN/AN/A0%
Total39.619.970.39.1-38.7%

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

  1. Myanmar (1.5 tons)
  2. South Korea (1.3 tons)

Source: IndexBox Market Intelligence Platform

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