Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (CIF) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (FOB) - 2023
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (CIF) - 2023
In June 2023, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,493 per ton, dropping by -4.2% against the previous month. Over the period under review, the import price recorded a mild decline. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 25% against the previous month. Over the period under review, average import prices attained the maximum at $1,912 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($2,161 per ton), while the price for Russia stood at $1,494 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.0%).
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (FOB) - 2023
In June 2023, the average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,606 per ton, which is down by -6.2% against the previous month. Overall, the export price saw a perceptible slump. The growth pace was the most rapid in March 2023 an increase of 26% m-o-m. Over the period under review, the average export prices hit record highs at $2,129 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the highest price was recorded for prices to Saudi Arabia ($1,675 per ton) and South Korea ($1,669 per ton), while the average price for exports to India ($1,471 per ton) and Colombia ($1,529 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-1.1%), while the prices for the other major destinations experienced a decline.
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China
In 2022, overseas purchases of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -19.1% to 86K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of 268K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports dropped markedly to $148M in 2022. Over the period under review, imports showed a significant curtailment. The smallest decline of -5.8% was in 2020.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 155 | 135 | 103 | 119 | -8.4% |
| Belgium | 83.4 | 70.6 | 33.2 | 16.1 | -42.2% |
| Japan | 22.6 | 15.5 | 15.3 | 7.9 | -29.6% |
| Thailand | 5.0 | 5.4 | 5.8 | 2.0 | -26.3% |
| United States | 10.1 | 31.2 | 4.9 | N/A | -30.3% |
| Mexico | 17.4 | N/A | 3.7 | N/A | -53.9% |
| Netherlands | 10.0 | 6.1 | 5.7 | N/A | -24.5% |
| Others | 2.6 | 24.9 | 3.3 | 2.6 | 0.0% |
| Total | 306 | 288 | 174 | 148 | -21.5% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to China in 2022:
- United States (undefinedK tons)
- Russia (70.9K tons)
- Belgium (8.0K tons)
- Japan (3.9K tons)
- Thailand (1.0K tons)
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China
In 2022, exports of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s from China surged to 48K tons, increasing by 1,224% on 2021 figures. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports surged to $83M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 0.1 | 4.6 | 31.0 | 1660.7% |
| Taiwan (Chinese) | N/A | N/A | 1.9 | 24.3 | 1178.9% |
| Vietnam | 0.2 | 0.2 | 0.2 | 12.7 | 299.0% |
| Indonesia | N/A | 0.2 | 0.5 | 4.9 | 395.0% |
| India | N/A | N/A | N/A | 3.3 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 2.3 | 0% |
| Italy | N/A | N/A | N/A | 2.3 | 0% |
| Slovenia | N/A | N/A | N/A | 1.7 | 0% |
| Others | 0.2 | 0.2 | 0.4 | 0.9 | 65.1% |
| Total | 0.4 | 0.8 | 7.5 | 83.4 | 493.0% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from China in 2022:
- South Korea (17.4K tons)
- Taiwan (Chinese) (15.0K tons)
- Vietnam (7.0K tons)
- Indonesia (2.6K tons)
- India (1.9K tons)
- Italy (1.4K tons)
- Saudi Arabia (1.1K tons)
- Slovenia (1.0K tons)
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