Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR - 2023

Contents:

  1. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (CIF) - 2022
  2. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (FOB) - 2022
  3. Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR
  4. Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR

Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,251 per ton, increasing by 5.6% against the previous year. Overall, the import price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 81%. Over the period under review, average import prices reached the peak figure at $2,231 per ton in 2012; however, from 2013 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 Taiwan (Chinese) ($3,305 per ton), while the price for China ($96 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), while the prices for the other major suppliers experienced a decline.

Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (FOB) - 2022

The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $4,009 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. The export price peaked at $4,050 per ton in 2021, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.1% per year.

Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR

In 2022, the amount of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s imported into Hong Kong SAR reached 1.1K tons, with an increase of 1.5% against the year before. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 1.9% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports expanded markedly to $1.3M in 2022. Over the period under review, imports, however, showed a abrupt descent.

Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico805747685767-1.6%
Belgium278236198202-10.1%
Taiwan (Chinese)175149126129-9.7%
Ukraine272197141123-23.2%
Singapore48.849.249.059.56.8%
Netherlands22.322.522.527.47.1%
China19.116.113.413.6-10.7%
Others5.04.29.110.026.0%
Total1,6251,4211,2431,332-6.4%

Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Hong Kong SAR in 2022:

  1. Mexico (394.7 tons)
  2. Belgium (301.7 tons)
  3. China (140.9 tons)
  4. Ukraine (79.3 tons)
  5. Singapore (46.4 tons)
  6. Taiwan (Chinese) (39.2 tons)
  7. Netherlands (35.9 tons)

Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR

In 2022, the amount of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s exported from Hong Kong SAR fell to 1.3 tons, dropping by -6.5% against the year before. In general, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports fell to $5.1K in 2022. Overall, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year.

Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.74.62.05.1-46.2%
South KoreaN/AN/A3.4N/A0%
OthersN/A0.10.1N/A0.0%
Total32.74.75.55.1-46.2%

Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Hong Kong SAR in 2022:

  1. China (1.3 tons)

Source: IndexBox Market Intelligence Platform

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