India - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Lactam Price in India - 2023

Contents:

  1. Lactam Price in India (CIF) - 2022
  2. Lactam Price in India (FOB) - 2022
  3. Lactam Imports in India
  4. Lactam Exports in India

Lactam Price in India (CIF) - 2022

In 2022, the average lactam import price amounted to $3,445 per ton, picking up by 45% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $3,497 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($8,896 per ton), while the price for Poland ($2,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.7%), while the prices for the other major suppliers experienced a decline.

Lactam Price in India (FOB) - 2022

In 2022, the average lactam export price amounted to $33,614 per ton, rising by 120% against the previous year. Overall, the export price showed a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($132,933 per ton), while the average price for exports to Spain ($7,131 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 Belgium (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lactam Imports in India

In 2022, imports of lactams from heterocyclic compounds into India contracted notably to 36K tons, waning by -55.5% on the previous year's figure. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of 81K tons, and then dropped sharply in the following year.

In value terms, lactam imports dropped notably to $124M in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 88% against the previous year. As a result, imports reached the peak of $192M, and then reduced dramatically in the following year.

Import of Lactam in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.423.229.636.417.6%
South Korea58.629.676.135.8-15.1%
Russia24.314.329.212.8-19.2%
Belgium14.09.713.58.4-15.7%
Thailand5.35.512.35.40.6%
United States2.82.96.24.920.5%
Poland9.94.39.14.0-26.1%
Netherlands0.92.83.52.540.6%
Others6.89.612.413.425.4%
Total145102192124-5.1%

Top Suppliers of Lactam to India in 2022:

  1. South Korea (14.4K tons)
  2. Russia (5.9K tons)
  3. China (4.1K tons)
  4. Belgium (2.7K tons)
  5. Thailand (2.4K tons)
  6. Poland (1.9K tons)
  7. United States (1.5K tons)
  8. Netherlands (0.8K tons)

Lactam Exports in India

In 2022, overseas shipments of lactams from heterocyclic compounds decreased by -36.5% to 6.8K tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 140%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, lactam exports soared to $228M in 2022. Over the period under review, exports, however, saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lactam in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium14.918.228.637.936.5%
Japan4.74.821.128.081.3%
South Korea7.16.412.015.930.8%
Turkey6.811.311.915.832.4%
Italy8.29.210.213.518.1%
United States8.110.29.412.415.3%
Netherlands1.21.86.58.793.5%
Switzerland7.96.84.98.42.1%
Spain2.51.74.64.420.7%
Germany2.66.41.04.318.3%
Saudi Arabia2.62.90.62.60.0%
United Kingdom2.41.50.92.1-4.4%
Argentina0.81.41.41.831.0%
Others29.844.349.871.734.0%
Total99.812716322831.7%

Top Export Markets for Lactam from India in 2022:

  1. Italy (1361.7 tons)
  2. United States (981.6 tons)
  3. Belgium (691.6 tons)
  4. Spain (623.3 tons)
  5. Netherlands (610.5 tons)
  6. Turkey (314.3 tons)
  7. Germany (257.8 tons)
  8. United Kingdom (217.8 tons)
  9. Japan (210.9 tons)
  10. South Korea (193.3 tons)
  11. Switzerland (146.3 tons)
  12. Saudi Arabia (129.7 tons)
  13. Argentina (126.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lactam market in India. 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:

  • Prodcom 20145280 -

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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