Price for Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR - 2023
Contents:
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (FOB) - 2023
- Price for Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (CIF) - 2022
- Exports of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR
- Imports of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR
Price for Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for cellulose acetates; plasticised, in primary formses amounted to $9,078 per ton, surging by 8.3% against the previous month. Over the period under review, the export price posted a prominent increase. The pace of growth was the most pronounced in March 2023 when the average export price increased by 136% against the previous month. As a result, the export price attained the peak level of $11,435 per ton. From April 2023 to November 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +8.9% per month.
Price for Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (CIF) - 2022
The average import price for cellulose acetates; plasticised, in primary formses stood at $8,184 per ton in 2022, growing by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 16%. Over the period under review, average import prices hit record highs at $9,450 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,971 per ton), while the price for Japan ($3,922 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR
In 2022, shipments abroad of cellulose acetates; plasticised, in primary formses decreased by -50.8% to 640 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cellulose acetates; plasticised, in primary formses dropped sharply to $4.1M in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 76%. As a result, the exports attained the peak of $9.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 9.2 | 8.5 | 4.0 | -7.8% |
| Bangladesh | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 5.3 | 9.3 | 8.6 | 4.1 | -8.2% |
Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Hong Kong SAR in 2022:
- China (597.5 tons)
- Bangladesh (40.9 tons)
Imports of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR
In 2022, supplies from abroad of cellulose acetates; plasticised, in primary formses decreased by -61.6% to 245 tons, falling for the second consecutive year after two years of growth. In general, imports faced a significant decrease. The growth pace was the most rapid in 2020 when imports increased by 60%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cellulose acetates; plasticised, in primary formses dropped significantly to $2M in 2022. Over the period under review, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 77% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cellulose Acetates; Plasticised, in Primary Forms in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 11.8 | 3.4 | 1.0 | -40.3% |
| China | 0.3 | 0.2 | 0.2 | 0.6 | 26.0% |
| Japan | 0.6 | 0.5 | 0.8 | 0.3 | -20.6% |
| Italy | 2.2 | 1.4 | 0.1 | 0.1 | -64.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 13.9 | 4.6 | 2.0 | -36.7% |
Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Hong Kong SAR in 2022:
- United States (100.2 tons)
- Japan (78.8 tons)
- China (58.6 tons)
- Italy (6.9 tons)
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global market for cellulose and its chemical derivatives in primary forms.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
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Explore the top 10 countries by import value of Cellulose and its Chemical Derivatives in Primary Forms in 2023. Learn about the key players and market trends in this competitive industry.
