China - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina Experiences a Significant 32% Drop in Lactam Prices, Reaching $6,682 per Ton.
China Lactam Export Price in June 2023
In June 2023, the lactam price stood at $6,682 per ton (FOB, China), waning by -32.2% against the previous month. Overall, the export price recorded a drastic downturn. The pace of growth was the most pronounced in March 2023 an increase of 73% against the previous month. Over the period under review, the average export prices reached the maximum at $42,485 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($9,730 per ton), while the average price for exports to Saudi Arabia ($1,677 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-2.1%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Export Price of Lactam in China (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 183,489 | 62,568 | 11,963 | 12,273 | 30,961 | 15,251 | 56,430 | 10,733 | 5,877 | 25,158 | 21,920 | 88,224 | 9,730 |
| Italy | 317,499 | 13,560 | 9,347 | 161,085 | 17,932 | 3,618 | 2,347 | 4,347 | 5,107 | 3,601 | 3,658 | 16,872 | 5,365 |
| Japan | 9,725 | 5,324 | 6,998 | 4,547 | 4,028 | 4,121 | 3,560 | 4,955 | 5,380 | 3,336 | 5,200 | 2,676 | 4,213 |
| India | 9,367 | 9,469 | 11,180 | 5,544 | 11,098 | 15,317 | 4,681 | 7,267 | 2,727 | 4,157 | 4,521 | 5,099 | 3,507 |
| France | 141,894 | 90,118 | 2,951 | 3,175 | 7,462 | 3,763 | 30,243 | 15,591 | 6,632 | 6,847 | 5,487 | 6,869 | 2,685 |
| South Korea | 5,049 | 4,137 | 3,178 | 2,219 | 2,298 | 2,544 | 2,268 | 2,061 | 2,079 | 2,404 | 2,451 | 2,236 | 2,482 |
| Vietnam | 2,784 | 2,443 | 10,623 | 1,818 | 2,038 | 2,858 | 1,778 | 12,840 | 1,897 | 2,141 | 1,934 | 12,776 | 2,167 |
| Indonesia | 2,335 | 2,049 | 7,056 | 2,004 | 4,680 | 4,093 | 1,683 | 1,912 | 1,655 | 1,792 | 1,795 | 2,016 | 1,770 |
| Colombia | 5,728 | 10,049 | 6,943 | 7,399 | 6,373 | 4,850 | 12,740 | 1,638 | 1,694 | 1,854 | 1,895 | 2,752 | 1,723 |
| Saudi Arabia | 2,356 | N/A | 16,400 | 5,442 | N/A | 3,613 | 2,804 | 2,867 | 2,966 | 3,835 | 1,865 | 1,791 | 1,677 |
| Average | 42,485 | 24,916 | 38,858 | 31,905 | 39,317 | 15,627 | 22,538 | 20,579 | 4,989 | 8,614 | 9,603 | 9,853 | 6,682 |
China Lactam Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In June 2023, the product with the highest price was heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) ($16,309 per ton), while the average price for exports of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) totaled $1,606 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for the following types: heterocyclic compounds; lactams; clobazam (INN) and methyprylon (INN) (0.0%), while the prices for the other product experienced a decline.
China Lactam Exports
In June 2023, overseas shipments of lactams from heterocyclic compounds increased by 0.1% to 16K tons, rising for the second month in a row after two months of decline. Over the period under review, total exports indicated a tangible expansion from June 2022 to June 2023: its volume increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, exports increased by +10.7% against April 2023 indices. The growth pace was the most rapid in September 2022 with an increase of 41% month-to-month.
In value terms, lactam exports plummeted to $110M (IndexBox estimates) in June 2023. Overall, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in October 2022 with an increase of 44% month-to-month. As a result, the exports reached the peak of $547M. From November 2022 to June 2023, the growth of the exports remained at a somewhat lower figure.
China Lactam Exports by Type
Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) (11K tons) and heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) (5.7K tons) were the main products of lactam exports from China.
From June 2022 to June 2023, the biggest increases were in heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) (with a CAGR of +8.0%).
In value terms, heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) ($92M) remains the largest type of lactam exported from China, comprising 84% of total exports. The second position in the ranking was held by heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) ($17M), with a 16% share of total exports.
From June 2022 to June 2023, the average monthly rate of growth in terms of the export volume of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) stood at -12.0%.
China Lactam Exports by Country
South Korea (3.7K tons), India (2.9K tons) and Saudi Arabia (1.7K tons) were the main destinations of lactam exports from China, with a combined 51% share of total exports. Vietnam, Indonesia, Japan, Colombia, Italy, France and the United States lagged somewhat behind, together accounting for a further 23%.
From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +25.5%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for lactam exported from China were India ($10M), South Korea ($9.2M) and Saudi Arabia ($2.8M), with a combined 20% share of total exports. These countries were followed by the United States, Vietnam, Japan, Italy, Indonesia, France and Colombia, which together accounted for a further 11%.
Colombia, with a CAGR of +8.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the lactam market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
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Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
