Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Latvia - 2023

Contents:

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

Price for Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Latvia (CIF) - 2022

The average import price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses stood at $8,333 per ton in 2022, picking up by 220% against the previous year. Overall, the import price, however, saw a pronounced downturn. Over the period under review, average import prices reached the maximum at $13,416 per ton in 2012; however, from 2013 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 Bulgaria ($12,279 per ton), while the price for Russia ($2,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cellulose ethers; carboxymethylcellulose and its salts, in primary formses amounted to $8,381 per ton, growing by 156% against the previous year. Over the period under review, the export price showed a remarkable increase. The growth pace was the most rapid in 2015 an increase of 213% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($11,953 per ton), while the average price for exports to Estonia ($1,258 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 Russia (+21.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, overseas purchases of cellulose ethers; carboxymethylcellulose and its salts, in primary formses decreased by -19.9% to 41 tons in 2022. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%.

In value terms, imports of cellulose ethers; carboxymethylcellulose and its salts, in primary formses surged to $345K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 206% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A2210%
NetherlandsN/A0.611.134.8661.6%
Lithuania30.416426.729.8-0.7%
Russia50.054.069.924.7-20.9%
Finland8.013.817.314.421.6%
China4.56.74.28.523.6%
Poland1.447.10.85.456.8%
Others5.218.34.76.04.9%
Total99.430413534551.4%

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

  1. Bulgaria (18.0 tons)
  2. Russia (10.2 tons)
  3. Netherlands (5.3 tons)
  4. Lithuania (3.4 tons)
  5. Finland (2.0 tons)
  6. China (1.2 tons)
  7. Poland (0.8 tons)

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

In 2022, overseas shipments of cellulose ethers; carboxymethylcellulose and its salts, in primary formses were finally on the rise to reach 33 tons after two years of decline. Overall, exports showed significant growth. 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 $273K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cellulose Ethers; Carboxymethylcellulose and Its Salts, in Primary Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A3.22246900.0%
Uzbekistan4.910.217.928.780.3%
BulgariaN/AN/AN/A9.60%
Estonia8.94.74.76.5-9.9%
LithuaniaN/AN/A0.24.11950.0%
KazakhstanN/A4.7N/AN/A0%
OthersN/AN/AN/A0.30%
Total13.919.626.0273169.8%

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

  1. Russia (18.7 tons)
  2. Estonia (5.2 tons)
  3. Uzbekistan (4.3 tons)
  4. Lithuania (3.0 tons)
  5. Bulgaria (1.4 tons)

Source: IndexBox Market Intelligence Platform

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