Price for Cellulose Acetates; Plasticised, in Primary Forms in Egypt - 2023

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Egypt (CIF) - 2022
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Egypt (FOB) - 2022
  3. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Egypt
  4. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Egypt

Price for Cellulose Acetates; Plasticised, in Primary Forms in Egypt (CIF) - 2022

In 2022, the average import price for cellulose acetates; plasticised, in primary formses amounted to $6,030 per ton, picking up by 9.7% against the previous year. Overall, the import price saw a perceptible increase. The growth pace was the most rapid in 2016 when the average import price increased by 55%. As a result, import price attained the peak level of $8,488 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($6,623 per ton) and China ($6,368 per ton), while the price for Spain ($5,400 per ton) and the Netherlands ($6,279 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Acetates; Plasticised, in Primary Forms in Egypt (FOB) - 2022

In 2022, the average export price for cellulose acetates; plasticised, in primary formses amounted to $3,194 per ton, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 42% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($11,250 per ton), while the average price for exports to Qatar amounted to $2,830 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+8.4%).

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Egypt

In 2022, imports of cellulose acetates; plasticised, in primary formses into Egypt contracted markedly to 12 tons, shrinking by -50.5% compared with the year before. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 315%. As a result, imports attained the peak of 25 tons, and then reduced dramatically in the following year.

In value terms, imports of cellulose acetates; plasticised, in primary formses reduced dramatically to $75K in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 404% against the previous year. As a result, imports reached the peak of $138K, and then reduced markedly in the following year.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.06.92.531.083.7%
Belgium33.48.235.217.7-19.1%
Germany16.45.753.712.2-9.4%
India6.83.534.87.84.7%
United States47.91.64.63.2-59.4%
DenmarkN/AN/AN/A1.30%
Others17.41.57.62.0-51.4%
Total12727.413875.2-16.0%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Egypt in 2022:

  1. Spain (5.7 tons)
  2. Belgium (2.7 tons)
  3. Germany (1.9 tons)
  4. India (1.2 tons)
  5. United States (0.5 tons)
  6. Denmark (0.2 tons)

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Egypt

After two years of decline, shipments abroad of cellulose acetates; plasticised, in primary formses decreased by 0% to 1.6 tons in 2022. Over the period under review, exports saw a pronounced decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of cellulose acetates; plasticised, in primary formses totaled $5.1K in 2022. Overall, exports saw buoyant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar2.3N/AN/A4.525.1%
Sudan0.6N/AN/A0.4-12.6%
Others0.2N/AN/A0.314.5%
Total3.1N/AN/A5.118.1%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Egypt in 2022:

  1. Qatar (1573.0 kg)
  2. Sudan (32.0 kg)

Source: IndexBox Market Intelligence Platform

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