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

Contents:

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

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

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $17,556 per ton in November 2023, approximately reflecting the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 25% m-o-m. As a result, the export price reached the peak level of $18,915 per ton. From May 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($24,122 per ton), while the average price for exports to the Philippines ($5,827 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses amounted to $9,028 per ton, dropping by -30.8% against the previous month. In general, the import price saw a abrupt contraction. The pace of growth was the most pronounced in May 2023 an increase of 39% m-o-m. Over the period under review, average import prices hit record highs at $18,103 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24,214 per ton), while the price for China ($4,141 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 17K tons of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses were exported from Japan; picking up by 4.2% against the previous year's figure. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses expanded remarkably to $250M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.878.364.360.8-0.5%
United States28.633.732.035.97.9%
India25.128.431.334.711.4%
China14.917.927.825.920.2%
Mexico10.09.312.716.518.2%
South Korea12.512.311.014.85.8%
Poland0.71.05.411.7155.7%
Indonesia7.86.010.56.7-4.9%
Netherlands5.46.46.86.56.4%
Taiwan (Chinese)4.64.96.05.88.0%
Thailand1.61.94.35.853.6%
Philippines3.93.04.54.54.9%
Others12.915.019.720.817.3%
Total1902182362509.6%

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

  1. Germany (3.1K tons)
  2. United States (2.7K tons)
  3. Mexico (1.9K tons)
  4. China (1.9K tons)
  5. India (1.6K tons)
  6. Poland (1.4K tons)
  7. South Korea (0.8K tons)
  8. Philippines (0.7K tons)
  9. Indonesia (0.6K tons)
  10. Thailand (0.5K tons)
  11. Taiwan (Chinese) (0.3K tons)
  12. Netherlands (0.2K tons)

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

In 2022, supplies from abroad of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses increased by 44% to 5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses soared to $56M in 2022. The total import value increased at an average annual rate of +4.5% 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; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.520.226.030.76.4%
South Korea14.111.49.811.0-7.9%
China1.21.82.27.180.9%
Germany4.73.32.73.6-8.5%
Sweden1.01.10.91.411.9%
Netherlands1.31.21.01.2-2.6%
Belgium1.10.90.51.0-3.1%
Others0.10.1N/A0.10.0%
Total49.140.143.156.04.5%

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

  1. South Korea (1732.6 tons)
  2. China (1224.3 tons)
  3. United States (1054.3 tons)
  4. Germany (497.3 tons)
  5. Sweden (257.8 tons)
  6. Belgium (123.3 tons)
  7. Netherlands (87.5 tons)

Source: IndexBox Market Intelligence Platform

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