Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Panama - 2023

Contents:

  1. Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Panama (FOB) - 2022
  2. Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Panama

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

The average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $797,090 per ton in 2022, surging by 3.8% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 179%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($4,397,000 per ton), while the average price for exports to Venezuela ($61,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Panama

For the third consecutive year, Panama recorded decline in shipments abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, which decreased by -3.7% to 78 kg in 2022. In general, exports faced a precipitous decrease.

In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s declined to $62K in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by less than 0.1% against the previous year.

Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala11157.456.957.2-19.8%
Venezuela8.64.34.13.9-23.2%
Others1.30.51.21.1-5.4%
Total12162.262.262.2-19.9%

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

  1. Venezuela (64.0 kg)
  2. Guatemala (13.0 kg)

Source: IndexBox Market Intelligence Platform

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