U.S. - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLactam Price in the United States - 2023
Contents:
- Lactam Price in the United States (CIF) - 2022
- Lactam Price in the United States (FOB) - 2022
- Lactam Imports in the United States
- Lactam Exports in the United States
Lactam Price in the United States (CIF) - 2022
In 2022, the average lactam import price amounted to $234,739 per ton, with an increase of 10% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 76%. Over the period under review, average import prices hit record highs at $276,150 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($5,405,905 per ton), while the price for Mexico ($2,654 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+56.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Lactam Price in the United States (FOB) - 2022
The average lactam export price stood at $3,915 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lactam export price increased by +111.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 74% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($6,491 per ton), while the average price for exports to Indonesia ($2,023 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 China (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lactam Imports in the United States
In 2022, purchases abroad of lactams from heterocyclic compounds was finally on the rise to reach 18K tons after two years of decline. In general, imports, however, continue to indicate a deep reduction.
In value terms, lactam imports skyrocketed to $4.2B in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lactam in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,087 | 1,789 | 1,046 | 2,859 | 38.0% |
| Switzerland | 1,674 | 1,291 | 1,646 | 977 | -16.4% |
| China | 21.8 | 42.5 | 58.1 | 129 | 80.9% |
| Belgium | 39.6 | 86.5 | 82.6 | 90.9 | 31.9% |
| India | 23.1 | 32.3 | 23.7 | 20.4 | -4.1% |
| Japan | 12.3 | 6.1 | 7.7 | 9.3 | -8.9% |
| South Korea | 1.3 | N/A | 0.3 | 2.7 | 27.6% |
| Mexico | 38.2 | 14.2 | 11.3 | 1.7 | -64.6% |
| Netherlands | 8.4 | 2.3 | 13.5 | 0.2 | -71.2% |
| Others | 147 | 183 | 127 | 101 | -11.8% |
| Total | 3,053 | 3,447 | 3,016 | 4,190 | 11.1% |
Top Suppliers of Lactam to the United States in 2022:
- Netherlands (undefinedK tons)
- Ireland (11.3K tons)
- Belgium (1.9K tons)
- China (1.6K tons)
- India (0.9K tons)
- Mexico (0.6K tons)
- South Korea (0.5K tons)
- Switzerland (0.2K tons)
- Japan (0.2K tons)
Lactam Exports in the United States
In 2022, overseas shipments of lactams from heterocyclic compounds decreased by -29.4% to 51K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. As a result, the exports attained the peak of 101K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, lactam exports declined to $201M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 25%. As a result, the exports reached the peak of $234M, and then dropped in the following year.
| Export of Lactam in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 33.4 | 31.5 | 56.4 | 50.4 | 14.7% |
| Belgium | 19.8 | 24.4 | 45.5 | 24.2 | 6.9% |
| South Korea | 11.1 | 11.5 | 16.7 | 23.0 | 27.5% |
| Taiwan (Chinese) | 19.4 | 28.5 | 21.8 | 21.9 | 4.1% |
| China | 27.3 | 37.8 | 20.9 | 16.4 | -15.6% |
| Japan | 10.4 | 10.4 | 13.3 | 16.0 | 15.4% |
| Germany | 1.6 | 5.0 | 7.6 | 10.1 | 84.8% |
| Mexico | 4.0 | 3.5 | 5.6 | 8.0 | 26.0% |
| Colombia | 5.0 | 3.2 | 8.5 | 2.4 | -21.7% |
| Others | 45.7 | 31.6 | 37.6 | 28.6 | -14.5% |
| Total | 178 | 188 | 234 | 201 | 4.1% |
Top Export Markets for Lactam from the United States in 2022:
- Canada (18.5K tons)
- Belgium (8.3K tons)
- Taiwan (Chinese) (5.4K tons)
- South Korea (4.3K tons)
- Japan (3.1K tons)
- Germany (2.7K tons)
- China (2.5K tons)
- Mexico (1.4K tons)
- Colombia (0.8K tons)
This report provides an in-depth analysis of the lactam market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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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
-
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
This Chapter is Available Only for the Professional Edition PRO -
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
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504
In June 2022, the melamine price per tonstood at $3,182 per ton, shrinking by -10.1% against the previous month.
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In May 2022, the melamine price per ton amounted to $3,540 per ton, growing by 7.2% against the previous month.
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In November 2022, the hydantoin price amounted to $9,810 per ton (CIF, US), dropping by -22% against the previous month.
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In value terms, heterocyclic compound imports fell notably to $146M in April 2023.
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Explore the top import markets for lactam in the world based on data from the IndexBox market intelligence platform. Learn about the key statistics and import values of countries such as Germany, Ireland, and the United States.
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From 2010 to 2020, Germany boosted purchases abroad by thirteen times, from $0.5B to $6.8B, and became the world's leading lactam importer in value terms. The U.S. ($3.4B) and Italy ($1.4B) followed Germany. Most lactam supplies come to the global market from Belgium ($1.7B), Japan ($303M) and China ($367M), which became the fastest-growing lactam exporter in the past decade.
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In 2016, the global imports of compound amounted to X tons, going down by -X% against the previous year figure. In general, compound imports continue to indicate a slight decline. The pace of ...
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In 2016, the global compound exports stood at X tons, coming down by -X% against the previous year level. In general, compound exports continue to indicate a relatively flat trend pattern. The ...
