Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland - 2023

Contents:

  1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland (CIF) - 2023
  2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland (FOB) - 2022
  3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland
  4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland

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

In December 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $13,746 per ton, reducing by -11.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices reached the peak figure at $18,614 per ton in May 2023; however, from June 2023 to December 2023, import prices stood 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 the United States ($50,933 per ton), while the price for Belgium ($6,362 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $21,391 per ton in 2022, reducing by -3.8% against the previous year. In general, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 162%. Over the period under review, the average export prices hit record highs at $68,970 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($49,057 per ton), while the average price for exports to the UK ($16,712 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 Singapore (+337.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland

In 2022, after three years of growth, there was significant decline in overseas purchases of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses, when their volume decreased by -15.2% to 623 tons. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 735 tons, and then contracted significantly in the following year.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses fell dramatically to $9M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of $14M, and then fell significantly in the following year.

Import of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.12.02.52.429.7%
France1.92.72.92.25.0%
United Kingdom2.74.24.41.6-16.0%
Belgium0.60.91.31.226.0%
United States0.10.11.60.9108.0%
South KoreaN/A0.30.10.415.5%
Japan1.20.10.10.1-56.3%
Others0.20.20.70.314.5%
Total7.910.413.69.04.4%

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Ireland in 2022:

  1. Belgium (178.6 tons)
  2. Germany (146.1 tons)
  3. France (119.6 tons)
  4. United Kingdom (101.4 tons)
  5. South Korea (37.3 tons)
  6. United States (23.2 tons)
  7. Japan (2.1 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland

Exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from Ireland skyrocketed to 29 tons in 2022, rising by 52% compared with 2021 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 642%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $618K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 519% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom50.076.938439499.0%
United States1231,00931.1121-0.5%
India1.80.82.299.1280.4%
Others2.510.66.43.39.7%
Total1771,09842461851.7%

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Ireland in 2022:

  1. United Kingdom (23.6 tons)
  2. India (2.8 tons)
  3. United States (2.5 tons)

Source: IndexBox Market Intelligence Platform

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