Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey - 2024

Contents:

  1. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey (FOB) - 2024
  2. Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey (CIF) - 2024
  3. Exports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey
  4. Imports of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey (FOB) - 2024

The average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $1,420 per ton in January 2024, surging by 8.1% against the previous month. In general, the export price, however, continues to indicate a noticeable reduction. The export price peaked at $1,884 per ton in January 2023; however, from February 2023 to January 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Zimbabwe ($3,035 per ton), while the average price for exports to Libya ($1,086 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+0.1%), while the prices for the other major destinations experienced a decline.

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey (CIF) - 2024

In January 2024, the average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $4,064 per ton, increasing by 14% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in April 2023 when the average import price increased by 57% against the previous month. Over the period under review, average import prices attained the peak figure at $7,276 per ton in February 2023; however, from March 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the Netherlands ($19,237 per ton), while the price for China ($2,630 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 60K tons of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were exported from Turkey; rising by 18% against 2021. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some 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.

In value terms, exports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses skyrocketed to $110M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.52.19.121.182.0%
Russia7.86.28.614.723.5%
Peru0.13.36.111.7389.1%
Egypt4.33.15.47.620.9%
Sudan1.71.61.74.639.3%
Germany4.02.22.33.6-3.5%
Jordan0.10.10.13.1214.1%
Poland2.32.12.12.98.0%
Netherlands1.51.22.72.721.6%
Italy1.11.31.92.734.9%
Saudi Arabia5.91.7N/A2.4-25.9%
Serbia1.41.51.72.318.0%
South AfricaN/A0.42.11.380.3%
Others28.622.024.428.80.2%
Total62.348.668.211020.9%

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

  1. United States (8.6K tons)
  2. Russia (8.1K tons)
  3. Peru (7.6K tons)
  4. Egypt (3.6K tons)
  5. Sudan (2.7K tons)
  6. Germany (2.2K tons)
  7. Poland (2.1K tons)
  8. Jordan (1.8K tons)
  9. Saudi Arabia (1.5K tons)
  10. Netherlands (1.5K tons)
  11. Serbia (1.5K tons)
  12. Italy (1.4K tons)
  13. South Africa (1.4K tons)

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

In 2022, purchases abroad of cellulose ethers; carboxymethylcellulose and its salts, in primary formses was finally on the rise to reach 3K tons after two years of decline. Over the period under review, imports, however, faced a abrupt setback.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $15M in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland4.23.22.93.2-8.7%
China4.71.41.42.5-19.0%
Germany0.70.80.81.734.4%
France1.01.11.31.514.5%
Italy1.11.11.61.48.4%
India0.60.50.61.432.6%
Netherlands1.21.20.61.0-5.9%
Others0.90.91.02.030.5%
Total14.210.210.214.91.6%

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

  1. Finland (991.1 tons)
  2. China (617.9 tons)
  3. Italy (349.4 tons)
  4. Germany (314.5 tons)
  5. France (187.7 tons)
  6. India (169.1 tons)
  7. Netherlands (74.6 tons)

Source: IndexBox Market Intelligence Platform

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