Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Indonesia - 2022

Contents:

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

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

The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $2,060 per ton in March 2022, with an increase of 6.9% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in April 2021 an increase of 17% month-to-month. Over the period under review, average import prices attained the maximum at $2,108 per ton in December 2021; afterwards, it flattened through to March 2022.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from Mexico ($2,245 per ton) and Russia ($2,155 per ton), while the price for Japan ($1,819 per ton) and South Korea ($2,045 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $6,873 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 134% against the previous year. As a result, the export price reached the peak level of $8,174 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,876 per ton), while the average price for exports to Singapore stood at $585 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.9%).

Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Indonesia

In 2022, approx. 36K tons of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s were imported into Indonesia; with an increase of 5.6% against the year before. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 86%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports skyrocketed to $94M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 207% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9.75.014.425.237.5%
Russia9.40.913.723.936.5%
Netherlands13.91.48.214.41.2%
Thailand1.62.24.98.675.2%
Belgium3.63.41.65.011.6%
United States3.22.62.84.814.5%
Germany4.01.81.94.43.2%
Others5.43.115.27.411.1%
Total50.820.462.793.722.6%

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

  1. Japan (9.9K tons)
  2. Russia (8.0K tons)
  3. Netherlands (5.7K tons)
  4. Thailand (3.2K tons)
  5. Belgium (2.7K tons)
  6. Germany (2.0K tons)
  7. United States (1.8K tons)

Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Indonesia

In 2022, shipments abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s increased by 40% to 5.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp setback.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports soared to $37K in 2022. Overall, exports, however, saw a precipitous decline.

Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR79.752.322.537.4-22.3%
OthersN/AN/AN/AN/A0%
Total79.752.322.537.4-22.3%

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

  1. Hong Kong SAR (5.4 tons)

Source: IndexBox Market Intelligence Platform

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