Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Philippines - 2023

Contents:

  1. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Philippines (CIF) - 2022
  2. Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Philippines

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

In 2022, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $31,800 per ton, growing by 1,314% against the previous year. Over the period under review, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +27.9% per year.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, when their volume decreased by -98.6% to 10 kg. Overall, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 when imports increased by 49%.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports declined sharply to $318 in 2022. In general, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 9.5%. As a result, imports reached the peak of $1.6K, and then declined notably in the following year.

Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Philippines (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13518915931833.1%
Belgium1,1951,2591,427N/A9.3%
OthersN/AN/AN/AN/A0%
Total1,3301,4481,586318-37.9%

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

  1. Japan (10.0 kg)

Source: IndexBox Market Intelligence Platform

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