Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam - 2021
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam (CIF) - 2022
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam (CIF) - 2022
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,671 per ton in 2022, shrinking by -7.3% against the previous year. Over the period under review, the import price recorded a noticeable setback. The growth pace was the most rapid in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the maximum at $2,448 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,902 per ton), while the price for Spain ($577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam
In 2022, the amount of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s imported into Vietnam dropped to 31K tons, which is down by -12.4% on 2021. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of 36K tons, and then dropped in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports shrank markedly to $53M in 2022. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year.
Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 20.0 | 11.4 | 20.4 | 16.1 | -7.0% |
Thailand | 28.2 | 12.3 | 18.4 | 14.6 | -19.7% |
United States | 8.4 | 8.5 | 10.1 | 9.4 | 3.8% |
Japan | 0.6 | 1.8 | 8.5 | 6.8 | 124.6% |
Netherlands | 6.0 | 5.2 | 5.3 | 4.2 | -11.2% |
Spain | 1.0 | 0.3 | 0.8 | 0.7 | -11.2% |
Others | 1.0 | 0.9 | 1.0 | 0.8 | -7.2% |
Total | 65.1 | 40.4 | 64.6 | 52.5 | -6.9% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Vietnam in 2022:
- Thailand (10.2K tons)
- Russia (10.0K tons)
- Japan (4.2K tons)
- United States (4.1K tons)
- Netherlands (1.5K tons)
- Spain (1.1K tons)
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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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