Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark - 2023

Contents:

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

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark (CIF) - 2023

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $4,331 per ton in December 2023, rising by 9.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 111% m-o-m. As a result, import price attained the peak level of $8,495 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($13,998 per ton), while the price for Bosnia and Herzegovina amounted to $1,270 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark (FOB) - 2023

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $9,716 per ton in December 2023, jumping by 23% against the previous month. Over the period under review, the export price, however, showed a slight curtailment. The pace of growth was the most pronounced in September 2023 when the average export price increased by 75% against the previous month. Over the period under review, the average export prices attained the peak figure at $12,216 per ton in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($13,688 per ton), while the average price for exports to South Africa ($5,766 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 Sweden (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark

Imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses into Denmark surged to 1.8K tons in 2022, jumping by 17% against the year before. Over the period under review, imports, however, continue to indicate a noticeable decrease.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses soared to $7.5M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,5003,0561,7942,9335.5%
Finland6801,5901,2572,02643.9%
Sweden8211,0471,0861,17612.7%
Netherlands1,476620157470-31.7%
Bosnia and Herzegovina3393833944509.9%
Germany272174358270-0.2%
SpainN/AN/AN/A1330%
China3212311500.1-93.2%
Others74768.816966.3-55.4%
Total7,1557,1705,3667,5231.7%

Top Suppliers of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms to Denmark in 2022:

  1. Finland (430.1 tons)
  2. Bosnia and Herzegovina (407.4 tons)
  3. Sweden (372.2 tons)
  4. France (329.2 tons)
  5. Germany (118.1 tons)
  6. Netherlands (58.6 tons)
  7. Spain (38.0 tons)

Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark

Exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses from Denmark amounted to 142 tons in 2022, surging by 7.8% against the previous year. The total export volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of 146 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $1.2M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey271233339259-1.5%
United Arab Emirates94.371.823.322333.2%
Saudi Arabia10272.783.61164.4%
Malaysia37.411.320.310842.4%
Sweden11.368.372.798.3105.7%
Hungary30.349.410857.723.9%
Norway0.78.816.546.8305.9%
Kenya46.115.229.72.6-61.7%
Others33.0102277286105.4%
Total6276329701,19724.1%

Top Export Markets for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms from Denmark in 2022:

  1. Turkey (46.4 tons)
  2. United Arab Emirates (21.0 tons)
  3. Malaysia (16.4 tons)
  4. Hungary (12.2 tons)
  5. Saudi Arabia (10.5 tons)
  6. Norway (7.6 tons)
  7. Sweden (7.5 tons)
  8. Kenya (0.3 tons)

Source: IndexBox Market Intelligence Platform

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